$268,000
●
Condo -
Off Market
335 Cedar Avenue #116
Long Beach, CA 90802
1 Bed
1 Bath
671 Ft²
$383,561
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Light & bright - Pet friendly 1 bed/1 bath condo right in the heart
of beautiful Downtown Long Beach. The wall of windows along
the entire front of the unit bring in tons of sunlight, and great
views of the street below. Perfect location with a walk score
of 97, it's a walkers paradise. Restaurants and entertainment
galore just steps away on Historic Pine Ave, Shoreline Village, The
Promenade, the Beach & more. Short walk to the blue line &
the new multi million dollar library & civic center. Plenty
of street parking, or rent a monthly spot in one of the affordable
lots nearby. Take advantage of the Long Beach Bike Share or the
electric scooters. It's a great time to invest in Downtown Long
Beach as it is undergoing a massive revitalization. This
secured access condo has a great layout, and is move in ready!
Fresh galley kitchen with upgraded quartz counters and
ceramic tile floors. The large bathroom has beautiful wood
look tile floors, and a custom bath bench along the tub. The
shower has been done in neutral tile and upgraded fixtures.
Nice big bedroom so bring all of your bedroom furniture! No
more searching for quarters to do your laundry, the state of the
art laundry room with private storage lockers uses an app! Great
buy for first time home buyer, investor, or as a second home in the
city.
Unit Size
671 Ft²
Days on Market
48 days
Land Size
-
Price per sqft
$387
Property Type
Condo
Property Taxes
-
HOA Dues
$302
Year Built
-
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PW19067711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2022 | No longer available | - | |
| No longer available | |||
| Feb 19, 2022 | In contract | - | |
| In contract | |||
| Feb 5, 2022 | Listed by The NoHo Agency | $299,900 | |
| Listed by The NoHo Agency | |||
| | |||
|
1 Bedroom Condo in Prime Downtown Long Beach with a scenic view overlooking the tree-lined street and an incredibly high Walkscore of 96. Walkable to the beach, restaurants, coffee shops, movie theater, and so much more. HOA includes... water, trash, sewage, secure electronic entry, commercial-grade laundry facility, security cameras, lobby, building maintenance & insurance, and professional property management. The manager has listed the unit size as 671 square feet.
| |||
| May 13, 2019 | Sold | ||
| Sold | |||
| Mar 26, 2019 | Listed by First Team Real Estate | $260,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Parking Available
Garage
Elevator
Fireplace
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Interior Features: GalleyKitchen
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 671
Security Features: Closed Circuit Camera(s), Key Card Entry
Property Condition: Updated/Remodeled, Turnkey
Architectural Style: Mid-Century Modern
Year Built Source: Assessor
Year Built: 1965
Levels: One
Pool Features: None
Lot Features: ThirtySixToFortyUnitsAcre
Tax Lot: 5
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Management, Security, Trash, ControlledAccess, PetRestrictions, PetsAllowed
HOA Fee: $302
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/16/2024
|
2 Bed
|
2 Bath
|
937 ft²
|
$370,000
2 Bed
2 Bath
937 ft²
|
$282,000
-23.78%
06/23/2025
|
Anthony Giordano
Coldwell Banker Realty
| |
|
02/16/2024
|
1 Bed
|
1 Bath
|
515 ft²
|
$349,000
1 Bed
1 Bath
515 ft²
|
-
-
|
Steve Landsberg
Re/Max R. E. Specialists
| |
|
10/27/2023
|
1 Bed
|
1 Bath
|
525 ft²
|
$325,000
1 Bed
1 Bath
525 ft²
|
-
-
|
Yousuf Salama
CURB
| |
|
03/27/2023
|
1 Bed
|
1 Bath
|
525 ft²
|
$335,000
1 Bed
1 Bath
525 ft²
|
-
-
|
Yousuf Salama
CURB
| |
|
09/26/2022
|
1 Bed
|
1 Bath
|
585 ft²
|
$335,000
1 Bed
1 Bath
585 ft²
|
-
-
|
Andrew Flores
Keller Williams Palos Verdes
| |
|
06/09/2022
|
1 Bed
|
1 Bath
|
617 ft²
|
$327,000
1 Bed
1 Bath
617 ft²
|
-
-
|
Mathew Berg
Haus Real Estate Brokerage
| |
|
05/18/2022
| |
1 Bed
|
1 Bath
|
515 ft²
|
$315,000
1 Bed
1 Bath
515 ft²
|
-
-
|
Susan Boyle
Engel & Volkers Long Beach
|
|
09/02/2021
|
2 Bed
|
2 Bath
|
869 ft²
|
$359,999
2 Bed
2 Bath
869 ft²
|
-
-
|
IRMA NUNEZ
RE/MAX TIME REALTY
| |
|
02/05/2022
|
1 Bed
|
1 Bath
|
671 ft²
|
$299,900
1 Bed
1 Bath
671 ft²
|
-
-
|
Turi Haim
Skyline Realty SCV
| |
|
10/21/2021
|
2 Bed
|
2 Bath
|
937 ft²
|
$369,999
2 Bed
2 Bath
937 ft²
|
-
-
|
IRMA NUNEZ
RE/MAX TIME REALTY
| |
|
09/13/2021
|
1 Bed
|
1 Bath
|
574 ft²
|
$330,000
1 Bed
1 Bath
574 ft²
|
-
-
|
Jesus Gomez
Keller Williams West Ventura County
| |
|
10/30/2021
|
1 Bed
|
1 Bath
|
515 ft²
|
$289,000
1 Bed
1 Bath
515 ft²
|
$293,000
+1.38%
03/18/2022
|
Jaime Sandoval
PINNACLE REAL ESTATE GROUP
| |
|
08/12/2021
|
1 Bed
|
1 Bath
|
617 ft²
|
$200,000
1 Bed
1 Bath
617 ft²
|
-
-
|
Marjorie Van Der Laan
Premier Realty Associates
| |
|
08/12/2021
|
1 Bed
|
1 Bath
|
580 ft²
|
$200,000
1 Bed
1 Bath
580 ft²
|
-
-
|
Marjorie Van Der Laan
Premier Realty Associates
| |
|
08/04/2021
|
1 Bed
|
1 Bath
|
585 ft²
|
$285,000
1 Bed
1 Bath
585 ft²
|
-
-
|
Ron Arriola
Keller Williams Pacific Estate
| |
|
07/05/2021
|
1 Bed
|
1 Bath
|
524 ft²
|
$244,900
1 Bed
1 Bath
524 ft²
|
-
-
|
Mark Vinton
LB Brokerage, Inc
| |
|
05/01/2021
|
1 Bed
|
1 Bath
|
580 ft²
|
$280,000
1 Bed
1 Bath
580 ft²
|
-
-
|
Kevin Messiha
Keller Williams - Downtown LA
| |
|
02/03/2021
|
2 Bed
|
2 Bath
|
869 ft²
|
$369,999
2 Bed
2 Bath
869 ft²
|
-
-
|
-
| |
|
02/03/2021
|
1 Bed
|
1 Bath
|
515 ft²
|
$279,999
1 Bed
1 Bath
515 ft²
|
-
-
|
-
| |
|
07/05/2020
|
1 Bed
|
1 Bath
|
628 ft²
|
$275,000
1 Bed
1 Bath
628 ft²
|
-
-
|
-
| |
|
06/25/2020
|
1 Bed
|
1 Bath
|
585 ft²
|
$269,900
1 Bed
1 Bath
585 ft²
|
-
-
|
-
| |
|
05/19/2020
|
1 Bed
|
1 Bath
|
628 ft²
|
$274,999
1 Bed
1 Bath
628 ft²
|
$275,000
+0.00%
08/17/2020
|
Michelle Murray
MMM Real Estate
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
877 ft²
|
$317,050
2 Bed
2 Bath
877 ft²
|
-
-
|
-
| |
|
12/24/2019
|
1 Bed
|
1 Bath
|
515 ft²
|
$265,000
1 Bed
1 Bath
515 ft²
|
$270,000
+1.89%
03/02/2020
|
Michelle Murray
MMM Real Estate
| |
|
11/21/2019
|
1 Bed
|
1 Bath
|
515 ft²
|
$269,000
1 Bed
1 Bath
515 ft²
|
-
-
|
-
| |
|
09/28/2019
|
1 Bed
|
1 Bath
|
585 ft²
|
$265,000
1 Bed
1 Bath
585 ft²
|
-
-
|
-
| |
|
09/13/2019
|
2 Bed
|
2 Bath
|
937 ft²
|
$360,000
2 Bed
2 Bath
937 ft²
|
-
-
|
-
| |
|
06/12/2019
| |
1 Bed
|
1 Bath
|
515 ft²
|
$297,500
1 Bed
1 Bath
515 ft²
|
-
-
|
Susan Boyle
Engel & Volkers Long Beach
|
|
04/04/2019
|
1 Bed
|
1 Bath
|
628 ft²
|
$265,000
1 Bed
1 Bath
628 ft²
|
-
-
|
-
| |
|
03/26/2019
|
1 Bed
|
1 Bath
|
671 ft²
|
$260,000
1 Bed
1 Bath
671 ft²
|
$268,000
+3.08%
05/13/2019
|
Michelle Murray
MMM Real Estate
| |
|
02/21/2019
|
1 Bed
|
1 Bath
|
524 ft²
|
$264,000
1 Bed
1 Bath
524 ft²
|
$257,000
-2.65%
05/02/2019
|
Victor Vazquez
Vazquez Realty
| |
|
02/11/2019
|
1 Bed
|
1 Bath
|
585 ft²
|
$220,000
1 Bed
1 Bath
585 ft²
|
$220,000
04/03/2019
|
Mark Vinton
LB Brokerage, Inc
| |
|
02/10/2019
|
Studio
|
1 Bath
|
336 ft²
|
$170,000
Studio
1 Bath
336 ft²
|
$165,000
-2.94%
03/06/2019
|
Mark Vinton
LB Brokerage, Inc
| |
|
01/14/2019
|
1 Bed
|
1 Bath
|
524 ft²
|
$256,000
1 Bed
1 Bath
524 ft²
|
$260,000
+1.56%
02/27/2019
|
Michelle Murray
MMM Real Estate
| |
|
10/01/2018
|
1 Bed
|
1 Bath
|
671 ft²
|
$299,000
1 Bed
1 Bath
671 ft²
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
1 Bath
|
574 ft²
|
-
1 Bed
1 Bath
574 ft²
|
-
-
|
-
| |
|
05/30/2018
| |
1 Bed
|
1 Bath
|
515 ft²
|
-
1 Bed
1 Bath
515 ft²
|
-
-
|
-
|
|
06/11/2018
|
2 Bed
|
2 Bath
|
937 ft²
|
-
2 Bed
2 Bath
937 ft²
|
-
-
|
-
| |
|
12/14/2017
|
1 Bed
|
1 Bath
|
524 ft²
|
$160,000
1 Bed
1 Bath
524 ft²
|
$171,000
+6.88%
12/27/2017
|
Sandra Allbee
Estate Properties
| |
|
02/05/2018
|
2 Bed
|
1 Bath
|
937 ft²
|
$329,000
2 Bed
1 Bath
937 ft²
|
$329,000
04/09/2018
|
Shelley Rocha
GMT Real Estate
| |
|
12/15/2017
|
1 Bed
|
1 Bath
|
617 ft²
|
$280,000
1 Bed
1 Bath
617 ft²
|
$280,000
03/17/2020
|
Phillip Dominguez
Vylla Home, Inc.
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
585 ft²
|
-
1 Bed
1 Bath
585 ft²
|
-
-
|
-
|
|
06/01/2017
|
1 Bed
|
1 Bath
|
515 ft²
|
$199,900
1 Bed
1 Bath
515 ft²
|
$205,000
+2.55%
07/12/2017
|
Alicia Ives
Redfin Corporation
| |
|
01/03/2017
|
2 Bed
|
1 Bath
|
877 ft²
|
$274,999
2 Bed
1 Bath
877 ft²
|
$270,000
-1.82%
03/30/2017
|
Mylene Le Bail
Keller Williams - Long Beach Pacific Estates
|
Building Info
About Downtown Long Beach
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Listed by: Michelle Murray, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19067711
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19067711
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