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1019 1027 Cedar Avenue, Long Beach, CA 90813

Property · 2 recorded sales since 2020

1019 1027 Cedar Avenue, Long Beach, CA 90813 Sold November 2021 CRMLS
$6,680,000Sold November 2021

Listing Agent: Robert Stepp (DRE #01456379) · Listing Office: Keller Williams - Santa Monica · Contact: 310-482-2200 · Bought with: Robert Stepp · Keller Williams - Santa Monica · MLS #PW21197284 · Source: CRMLS

14,741 sqft
Lot Size
1961
Year Built
Property
Type
14
Garage

About this property

1019-1027 Cedar Avenue is a 26-unit turn-key property in the up-and-coming Willmore City Historic District, just north of Downtown Long Beach. The property offers 22 one-bedroom/one-bath and 4 two-bedroom/one-bath units. All units were extensively remodeled in the past two years with new custom kitchen cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, and modern lighting. Select units feature all vinyl plank flooring; others feature a mix of vinyl plank flooring and carpet. The building also offers a community courtyard with BBQ and outdoor furniture, as well as on-site laundry facilities and 14 garages. This property is in very close proximity to all of the exciting amenities and employment opportunities in Downtown Long Beach. The location is popular for commuters because it provides easy access to the 710 and 405 freeways as well as the Metro Blue Line which runs between Downtown Long Beach and Downtown Los Angeles, with 22 stops along the way. 1019-1027 Cedar Avenue offers an investor the opportunity to own a remodeled, turn-key asset in a growing area adjacent to booming Downtown Long Beach.

Listing description from the November 2021 sale, as reported to CRMLS.

Sale history

$6,680,000
Sold November 2021 · listed $6,750,000, on market September 2021 · MLS #PW21197284 · Source: CRMLS
Listing Agent: Robert Stepp · Listing Office: Keller Williams - Santa Monica · Contact: 310-482-2200 · Bought with: Robert Stepp · Keller Williams - Santa Monica
$6,300,000
Sold January 2020 · listed $6,500,000, on market July 2019 · MLS #PW19179645 · Source: CRMLS
Listing Agent: Robert Stepp · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Mark Witsken · Keller Williams-Santa Monica
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