1497 Cedar Avenue, Long Beach, CA 90813
Property · 2 recorded sales since 2015
Sold October 2021
Listing Agent: Cris Molles (DRE #01345419) · Listing Office: The Realestate Group · Contact: 310-540-0072 · Bought with: Ajith Puthanpurayil · LAX Realty, Inc. · MLS #SB21165750 · Source: CRMLS
7,553 sqft
Lot Size
1941
Year Built
Property
Type
5
Garage
WallWindowUnits
Cooling
About this property
Excellent Upside Potential!! Clean 6-Unit Building Across the Street From Washington Middle School. Five 1-Bedroom and One 2-Bedroom Units in 2 buildings.. Five Garages in Back of Property. Excellent Rental Area With 20% Upside in Most Rents. Laundry Room Area In Back of Front Building--Set Up Your Own Laundry For Additional Income! Only 14.77 X Actual Income and 13 X Pro Forma.
Listing description from the October 2021 sale, as reported to CRMLS.
Sale history
$1,407,000
Sold October 2021 · listed $1,450,000, on market September 2021 · MLS #SB21165750 · Source: CRMLS
Listing Agent: Cris Molles · Listing Office: The Realestate Group · Contact: 310-540-0072 · Bought with: Ajith Puthanpurayil · LAX Realty, Inc.
$720,000
Sold August 2015 · listed $729,000, orig. $749,000, on market March 2015 · MLS #PW15063267 · Source: CRMLS
Listing Agent: J. Steven Warshauer · Listing Office: Coldwell Banker Commercial · Contact: 562-495-6070 · Bought with: Cris Molles · The Real Estate Group