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1439 Cedar

Long Beach, CA 90813
Active
Multifamily
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Property listed by Jamison Management Company, Todd Slatcher 310-897-0224
$2,895,000
1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units… Read MoreRead Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1928
MLS Number
SB26175498
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1928, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front Door, Construction Materials: Stucco, CopperPlumbing
Community
Park, Sidewalks
Cooling
None
Disclosures
FamilialRelation, PrincipalIsRealEstateLicensed
Expenses
Electric: $1,377, Gardener: $2,400, Insurance: $19,182, Licenses: $335, Maintenance: $21,404, Operating: $118,777, Pest Control: $828, Trash: $9,865, Water/Sewer: $2,678, Other Expense: $9,231
Fence
Wood
Fireplaces
None
Floors
Vinyl
Foundation
Raised
Garage
4 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $306,975, Gross ScheduledIncome: $313,140, Net Operating Income: $188,198
Laundry
CommonArea
Lot
0.1707 acres, RectangularLot
Parking
4 total parking spaces
Pool
None
Property
UpdatedRemodeled
Roof
Flat
Security Features
CarbonMonoxideDetectors, ResidentManager, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7269041017, Lot: 16
Tenant Pays
Electricity
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, Standard, 17 separate electric meters
Windows
DoublePaneWindows, WoodFrames
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Laura Grabher
Listing Specialist
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Schools In The Area

Check out nearby schools with ratings and contact info.
Oropeza Elementary School 562-436-4420 Public KG-5
Washington Middle School 562-591-7477 Public 6-8
Cabrillo High School 562-951-7700 Public 9-12
Oropeza Elementary School 562-436-4420 Public KG-5
Oropeza Elementary School 562-436-4420 Public KG-5
Washington Middle School 562-591-7477 Public 6-8
Cabrillo High School 562-951-7700 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.