1019 Cedar Avenue $6,300,000

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    1019 Cedar Avenue Long Beach, CA 90813

    Closed
    SOLD 1/3/2020

    $6,300,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 15,566 sq.ft.
    • Multi-Family
    • MLS# PW19179645
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    Views: 39 Days On Market: 22

    Property Details

    1019-1027 Cedar Avenue is a 26-unit turn-key property with 14 parking garages 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 are completely remodeled with new wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The building also features 14 garages, a community courtyard with BBQ and dining facilities and on-site laundry facilities. This property is in very close proximity to all of the exciting amenities and employment opportunities in Downtown Long Beach. This location is popular for commuters because it offers 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 completely remodeled, turn-key asset in a growing area adjacent to booming Downtown Long Beach. Willmore is one of Long Beach's oldest neighborhoods, located on DTLB's western edge and bordering the L.A. River. Here you'll find a large concentration of turn- of-the-century homes. The Willmore neighborhood reflects Long Beach's past, present and future.

    • General Features
      • Number Of Separate Water Meters 1
      • Number Of Separate Electric Meters 26
      • Number Of Separate Gas Meters 26
      • Number Of Units Total 26
      • Year Built 1961
      • Subdivision Name Willmore District (WM)
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Community Features Sidewalks, Urban
    • Building Features
      • Laundry Features Common Area,Individual Room
    • Property Features
      • Lot Size Acres 0.33
      • Lot Features 26-30 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 14.00

    Neighborhood

    Neighborhood Details available exclusively for Property Watch members

    Market Last 30 Days

    Market information available exclusively for Property Watch members

    Property History

    Date Event Price Percent Change
    -- New in Database Source
    1/3/2020 12:00:00 AM Sold Source New Value: $6,300,000
    11/11/2019 9:17:05 AM Status Changed Source New Value: Pending

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    Based on information from California Regional Multiple Listing Service, Inc. as of 1/29/2020 4:26:44 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.