$313,000
●
Condo -
Off Market
527 Cedar Avenue #2J
Long Beach, CA 90802
1 Bed
1 Bath
613 Ft²
$1,849
Est. Monthly
$228
HOA / Fees
About This Property
Great second floor unit in a nice quiet gated community. Hardwood
floors and lots of light and ocean breezes. You could walk or bike
to the beach. Real close to all the great downtown events or
restaurants in Long Beach. All of the amenities of a big city are
within walking distance. A quick hop onto the 710 fwy and you are
on your way to Los Angeles or Orange County. This is a perfect
place to get started or as a getaway for a second home.
Unit Size
613 Ft²
Days on Market
112 days
Land Size
0.34 acres
Price per sqft
$538
Property Type
Condo
Property Taxes
-
HOA Dues
$228
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (CRMLS #PW24059465)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by RE/MAX College Park Realty | $330,000 | |
| Listed by RE/MAX College Park Realty | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 1
Interior Features: GalleyKitchen
Appliances: Gas Range
Flooring Type: Wood
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 613
Square Footage Source: $0
Security Features: Gated Community
Year Built Source: Assessor
Year Built: 1961
Levels: One
Patio and Porch Features: None
Pool Features: None
Lot Size Area: 15006
Lot Size Units: Square Feet
Lot Size Acres: 0.3445
Lot Size Square Feet: 15006
Tax Lot: 9
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : SewerTapPaid
Location Details
HOA/Condo/Coop Amenities: Trash, Water
HOA Fee: $228
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 |
|---|---|---|---|---|---|---|---|
|
11/29/2025
|
1 Bed
|
1 Bath
|
597 ft²
|
$349,000
1 Bed
1 Bath
597 ft²
|
$333,000
-4.58%
02/12/2026
|
MARTHA GUZMAN-DUENAS
REALTY MASTERS & ASSOCIATES
| |
|
07/25/2025
|
1 Bed
|
1 Bath
|
612 ft²
|
$275,000
1 Bed
1 Bath
612 ft²
|
$240,000
-12.73%
09/12/2025
|
Miquella Zulfiqar
Realty One Group Pacific
| |
|
09/18/2024
|
2 Bed
|
1 Bath
|
860 ft²
|
$420,000
2 Bed
1 Bath
860 ft²
|
$280,000
-33.33%
06/30/2025
|
Ken Hall
Allison James Estates & Homes
| |
|
03/25/2024
|
1 Bed
|
1 Bath
|
613 ft²
|
$330,000
1 Bed
1 Bath
613 ft²
|
$313,000
-5.15%
07/18/2024
|
Mary Edwards
RE/MAX College Park Realty
| |
|
04/21/2022
|
1 Bed
|
1 Bath
|
595 ft²
|
$329,900
1 Bed
1 Bath
595 ft²
|
-
-
|
James McCormick
Sunbelt Properties
| |
|
04/18/2022
|
2 Bed
|
2 Bath
|
928 ft²
|
$420,000
2 Bed
2 Bath
928 ft²
|
$440,000
+4.76%
06/22/2022
|
Kimberly Mosley
eXp Realty of California Inc
| |
|
02/03/2022
|
1 Bed
|
1 Bath
|
611 ft²
|
$329,900
1 Bed
1 Bath
611 ft²
|
$345,000
+4.58%
04/15/2022
|
Laura Borbon
Century 21 Allstars
| |
|
10/22/2020
|
2 Bed
|
2 Bath
|
934 ft²
|
$384,900
2 Bed
2 Bath
934 ft²
|
$373,000
-3.09%
03/01/2021
|
Virginia Hernandez
| |
|
07/20/2019
|
1 Bed
|
1 Bath
|
597 ft²
|
$249,000
1 Bed
1 Bath
597 ft²
|
$255,000
+2.41%
12/15/2019
|
Carol Rayburn
C-21 Astro
|
Building Info
About Downtown Long Beach
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Listed by: Mary Edwards, RE/MAX College Park Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24059465
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24059465
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