$2,127,500
$2,200,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1217 Cedar AVE Long Beach, CA 90813
Key Details
Sold Price $2,127,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Drake Park (Dp)
MLS Listing ID PW18132925
Sold Date 08/15/18
Construction Status Turnkey
HOA Y/N No
Year Built 1929
Annual Tax Amount $14,672
Tax Year 2017
Property Description
1217 Cedar is a 14 unit, 2 story apartment complex located in Drake Park. With an attractive mix of 6 one-bedroom apartments and 8 studios, the property has been substantially improved by its current owner and is in a turn-key condition. The building has a rentable area of approximately 6,500 SQ/FT and is built on a 7,050 SQ/FT Lot. The property has onsite laundry and the units are individually metered for gas and electric.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD10
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Open Floorplan, Pantry, Storage, Wired for Data
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Vented Exhaust Fan, Water Heater
Laundry Common Area
Exterior
Garage None
Fence Excellent Condition, Privacy
Pool None
Community Features Urban, Gated
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View Courtyard, Neighborhood
Roof Type Clay,Flat,Shingle,Tile
Parking Type None
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7272001023
Security Features Carbon Monoxide Detector(s),Gated Community,Window Bars
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with David Goodwin • On The Move Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442