Listing Office: Marcus & MillichapListing Agent: Jonathan Weir
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2 months on rocket
2425 Cedar Ave, Long Beach, CA, 90806
$1,600,000
7 Bedrooms
5 Baths
4,230 SqFt
$378/SqFt
House
Schools Nearby
Location
Property Highlights
Home TypeOther
ParkingDoor-Single, Garage, Uncovered
Garage4 spaces
Year Built1956
HeatingWall Furnace
CoolingNone
MLS #23234221
Lot Size0.15 Acres
StatusActive
About 2425 Cedar Ave
We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Property Details
Property Features
Property Information:
Year Built: 1956
Stories: 2
Living Area: 4,230 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (424) 405-3900
Listing Agent: Jonathan Weir
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Door-Single, Garage, Uncovered
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Cedar Ave & W Burnett St
Price Details
Listing Price Info
Price Summary:
List Price: $1,600,000
Price Per SqFt: $378/SqFt
Tax Information:
Annual Amount: $18,561
Tax Year: 2021
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Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 3/21/2023, 3:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 22, 2017
Dec 22, 2017Home Sold
$1,404,000
Mar 15, 2017
Mar 15, 2017Home Sold
$1,015,000
May 23, 2014
May 23, 2014Home Sold
$675,000
Aug 07, 2003
Aug 07, 2003Home Sold
$515,000
Mar 12, 2001
Mar 12, 2001Home Sold
$250,000
May 19, 2000
May 19, 2000Home Sold
$190,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,561
$1,475,328
2020
$18,296
$1,460,201
2019
$17,786
$1,431,570
2018
$9,521
$1,403,500
2017
$9,521
$712,963
History based on county public records data.
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
The neighbors living near this home have an average income of $73,060. The majority of Long Beach, CA residents have income between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In The Harbor, Long Beach
What type of housing is available in The Harbor, Long Beach?
Single detached homes are the most common housing type, representing roughly 45% of dwellings in The Harbor, whereas the rest are mainly large apartment buildings and small apartment buildings. Most of the housing growth in this part of Carson occurred pre-1960. This community offers mainly three bedroom and two bedroom homes. The proportions of homeowners and renters are about even.
Is The Harbor, Long Beach a good place to live?
People who prefer a relaxed atmosphere will enjoy The Harbor. This part of the city is good for those who prefer quiet surroundings, as the streets tend to be quite tranquil - although that is not the case around one of the railway lines, the airport (Long Beach Airport), San Gabriel River Freeway or Artesia Freeway. Lastly, there are over 250 public green spaces nearby for residents to relax in, like Deane Dana Friendship Natural Area and Heartwell Park, which makes them easy to get to.
Are things conveniently located in The Harbor, Long Beach?
Primary as well as high schools are convenient to get to on foot from anywhere in this area. Locals are served by public and private schools at both the elementary and high school level. With regards to food, it is typically an option for home buyers in The Harbor to do groceries on foot. Signal Place is among the best streets for groceries. Additionally, those who like to eat in restaurants will have a fair number of opportunities, and a small selection of coffee shops is available as well. It is also convenient to access a selection of clothing stores on foot.
What does the transportation in The Harbor, Long Beach look like?
Walking is reasonably practical for property owners in The Harbor; running daily errands is easy. Cars are a very good transportation option in this area. Parking is easy, and it is a rather short drive to the closest highway, such as Harbor Freeway, from any home in this community. On the other hand, traveling by public transit is difficult in The Harbor. Nevertheless, the community is served by over 50 bus lines, and bus stops are not very far from most residences.
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Frequently Asked Questions About 2425 Cedar Ave
What is the listing price of this property?
The listing price of 2425 Cedar Ave property is $1,600,000.
What type of property is this?
The property 2425 Cedar Ave is a house located in Long Beach, California, 90806.
Is this property for sale now?
Active Listing: 2425 Cedar Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $18,561 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 22, 2017 for $1,404,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2425 Cedar Ave has 7 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 2425 Cedar Ave is 4,230 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2425 Cedar Ave is 1956.
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This home is located at 2425 Cedar Ave in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. This 4,230 square foot home, which was built in 1956, sits on a 0.15 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 20, 2023 and is currently priced at $1,600,000.
In February 2023, from all listings sold in Long Beach, CA there were more than 48 sold above asking price, over 64 sold below and more than 29 were sold right at the asked price. Between January 2023 and February 2023, Long Beach, CA real estate market has seen decrease in the number of listings by 1.7%. In February 2023, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $774,951.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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