1948 Cedar Avenue

    Long Beach, CA 90806
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • MLS #: 18334268
    Under Contract
    UPDATED: 26 min ago
    $1,150,000
    • 6
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,646
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:
    Area:

    School Ratings & Info

    Description

    1948 Cedar Avenue is a garden style apartment community with four detached private garages. The property features fresh new paint on the building's exterior and nicely renovated units with original period charm. Please see photos. Although 3 of the units have been upgraded, the property offers approximately 8% in rent upside. Highlights include copper plumbing and many newly replaced windows. Located in the South Wrigley neighborhood, only a short drive to Downtown Long Beach and its numerous cafes, restaurants, boutiques and entertainment venues.

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    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-23T06:37:30.533. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.haciendagroupinc.com/homes/82734262

    1948 Cedar Avenue Long Beach, CA 90806

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 26 min ago
    • MLS #: 18334268
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,646
    SQFT
    $315
    $/SQFT
    1941
    Built
    Neighborhood:
    Wrigley Area
    County:
    Los Angeles
    Area:
    Wrigley Area
    Property Description
    1948 Cedar Avenue is a garden style apartment community with four detached private garages. The property features fresh new paint on the building's exterior and nicely renovated units with original period charm. Please see photos. Although 3 of the units have been upgraded, the property offers approximately 8% in rent upside. Highlights include copper plumbing and many newly replaced windows. Located in the South Wrigley neighborhood, only a short drive to Downtown Long Beach and its numerous cafes, restaurants, boutiques and entertainment venues.
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 4

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 4.00 Cooling Type Ceiling Fan(S)None

    Property Features

    Act Total Rent 0.00 Adj Gross Income 78480.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 74556.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 47751.00 Number Of Buildings 2 Operating Expenses 0.00 Property Condition Updated/Remodeled Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Other Tax Rate 0.00 Total Annual Op Exp 26805.00 Total Taxes 0.00

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Mark Witsken of Keller Williams-Santa Monica.
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-23T06:37:30.533. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Hacienda Group Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253