1972 Cedar Avenue, Long Beach, CA 90806

About this property

The subject property is situated on a large lot of approximately 8,105 square feet and 5,290 rentable square feet. The unit mix consists of four, large one-bedroom/ one-bathroom units which range in size from 575 square feet to 920 square feet and two, large two-bedroom/ one-bathroom units which are approximately 1,150 square feet. The building was recently extensively renovated and upgraded. Some of the upgrades include but are not limited to: new cabinetry, new PEX plumbing, new kitchens, new bathrooms, new windows, new appliances, new water heater, new laundry room, new irrigation, and new floors. This is a very low expense investment that offers tenant amenities such as an on-site laundry room, large grassy courtyard, and enclosed garages.

Listing description from the November 2017 sale, as reported to CRMLS.

Sale history

$1,241,750

Sold November 2017 · listed $1,275,000, on market August 2017 · MLS #OC17191840 · Source: CRMLS

Listing Agent: Greg Bassirpou · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: William Smith · Bryant Drive Properties, Inc.

$801,500

Sold February 2016 · listed $850,000, on market September 2015 · MLS #CV15205700 · Source: CRMLS

Listing Agent: RUSSELL PRASLIN · Listing Office: NORTHRUP STANBURY INVESTMENTS · Contact: 626-251-8823 · Bought with: Morteza Hajian · Morteza Hajian, Broker

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