Listed by: Kevin Orantes, Circle Real Estate
$376,000
●
Condo -
Off Market
728 Cedar Avenue #4
Long Beach, CA 90813
1 Bed
1 Bath
600 Ft²
$2,049
Est. Monthly
$232
HOA / Fees
6.48%
Cap Rate
About This Property
Welcome to 728 Cedar Ave #4, the only unit currently on the market
in this gated complex that includes a private, one-car garage-a
rare and valuable feature! This top-floor condo in the vibrant
Willmore District offers an abundance of natural light in the
spacious living area through large picture windows. The recently
remodeled kitchen boasts modern updates and designer finishes. The
generously sized bedroom, complete with built-in closets and
dressers, overlooks the central courtyard, while the updated,
oversized bathroom feels bright and airy. With on-site laundry
facilities and an ideal location in the heart of downtown Long
Beach, you'll enjoy quick access to freeways, public
transportation, excellent dining, entertainment, and shopping.
Unit Size
600 Ft²
Days on Market
133 days
Land Size
0.35 acres
Price per sqft
$617
Property Type
Condo
Property Taxes
-
HOA Dues
$232
Year Built
-
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Cap Rate Calculator
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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 #DW24236262)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Circle Real Estate | $370,000 | |
| Listed by Circle Real Estate | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Door Single, Garage
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Levels: One
Appliances: Gas Oven, Gas Range, Refrigerator
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Property Condition: Updated Remodeled, Turnkey
Year Built: 1956
Parcel Number: 7272020021
Home Type: Residential
Structure Type: MultiFamily
Spa Features: None
Pool Features: None
Lot Size Source: Assessor
Lot Size Acres: 0.3452
Elevation Units: Feet
Utilities Details
Cooling Type: None
Heating Type: Wall Furnace
Location Details
Association Amenities: Controlled Access
Association Fee: $232
Association Fee Frequency: Monthly
Community Features: Urban, Gated
Security Features: Gated Community
Subdivision: Willmore District (WM)
High School District: Long Beach Unified
Subdivision Name: Willmore District (WM)
Directions: Cross streets are 7th St & Cedar
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, FHA, UsdaLoan, VaLoan
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 |
|---|---|---|---|---|---|---|---|
|
10/15/2025
|
1 Bed
|
1 Bath
|
599 ft²
|
$279,900
1 Bed
1 Bath
599 ft²
|
$282,400
+0.89%
12/02/2025
|
ELIZABETH AMAYA
EXCELLENCE RE REAL ESTATE
| |
|
11/18/2024
|
1 Bed
|
1 Bath
|
600 ft²
|
$370,000
1 Bed
1 Bath
600 ft²
|
$376,000
+1.62%
04/01/2025
|
Kevin Orantes
Circle Real Estate
| |
|
07/31/2024
|
1 Bed
|
1 Bath
|
611 ft²
|
$344,444
1 Bed
1 Bath
611 ft²
|
$345,000
+0.16%
12/07/2024
|
Dennis Fulmore
RE/MAX College Park Realty
| |
|
10/10/2022
|
1 Bed
|
1 Bath
|
599 ft²
|
$352,000
1 Bed
1 Bath
599 ft²
|
-
-
|
Mary Edwards
RE/MAX College Park Realty
| |
|
03/17/2022
|
1 Bed
|
1 Bath
|
598 ft²
|
$410,000
1 Bed
1 Bath
598 ft²
|
-
-
|
Nancy Free
T.N.G. Real Estate Consultants
| |
|
10/27/2017
|
1 Bed
|
1 Bath
|
579 ft²
|
$199,000
1 Bed
1 Bath
579 ft²
|
$194,000
-2.51%
01/02/2018
|
Becky Blair
Coldwell Banker Commercial
|
Building Info
About Willmore City
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Listed by: Kevin Orantes, Circle Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24236262
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24236262
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