735 Cedar Avenue #4
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 29, 2021 | In contract | - | |
| In contract | |||
| Dec 14, 2021 | Listed by Keller Williams Realty | $259,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Adorable studio in Downtown Long Beach close to everything from restaurants, shopping, the commuter train and more! This sweet little place is in a beautiful building that has a gorgeous courtyard (see pics) and is secure. Small complex with only 27 units and super low dues!! This condo is affordable and a great option for a first time home buyer. Don't throw money away on renting when you can own and build equity while having a tax write off to boot. Remodeled kitchen with granite counters, white cabinetry and stainless steel appliances. Laminate flooring through the kitchen and living areas. Neutral color palette on the walls with two large closets for storage. This unit is in the front corner of the building so no neighbor on one side or above you since this is a top floor unit! Relax in the light and bright living room/bedroom with two huge picture windows to bring in lots of natural light . Bath has a tub and shower combination with granite counters as well. It is a fantastic option so see it before it is gone! For a private showing call Wendy Rich-Soto at 310-944-8062 www.SellingLASouthBay.com The manager has listed the unit size as 428 square feet.
| |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jun 26, 2017 | Listed by Main Street Realtors | $169,000 | |
| Listed by Main Street Realtors | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2025
|
1 Bed
|
1 Bath
|
603 ft²
|
$339,000
1 Bed
1 Bath
603 ft²
|
$279,900
-17.43%
09/19/2025
|
David Haas
Pro Realty
| |
|
06/06/2024
|
1 Bed
|
1 Bath
|
590 ft²
|
$375,000
1 Bed
1 Bath
590 ft²
|
-
-
|
Nohemi Ramirez
Keller Williams Beach Cities
| |
|
05/08/2024
|
1 Bed
|
1 Bath
|
605 ft²
|
$350,000
1 Bed
1 Bath
605 ft²
|
-
-
|
Jack Tanner
Beach Cities Properties, Inc.
| |
|
12/14/2021
|
Studio
|
1 Bath
|
428 ft²
|
$259,000
Studio
1 Bath
428 ft²
|
$270,000
+4.25%
01/19/2022
|
Wendy Rich-Soto
Keller Williams Realty
| |
|
02/11/2021
|
1 Bed
|
1 Bath
|
590 ft²
|
$299,000
1 Bed
1 Bath
590 ft²
|
$289,000
-3.34%
05/03/2021
|
Jennifer Okhovat
| |
|
07/29/2017
| |
Studio
|
1 Bath
|
428 ft²
|
-
Studio
1 Bath
428 ft²
|
-
-
|
-
|
|
06/26/2017
|
Studio
|
1 Bath
|
428 ft²
|
$169,000
Studio
1 Bath
428 ft²
|
$169,000
08/31/2017
|
Christine Beaur-Mortezaie
Coldwell Banker Coastal Alliance
| |
|
05/10/2016
|
1 Bed
|
1 Bath
|
603 ft²
|
$159,000
1 Bed
1 Bath
603 ft²
|
$160,000
+0.63%
08/29/2016
|
Kevin Messiha
Intero Real Estate Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017