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Sold on 05/20/2008
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2268 Cedar Ave, Long Beach, CA 90806

$675,000

Last sold 05/20/2008 after 134 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 2268 Cedar Ave

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Lot size 6,499 Sqft
Rental estimate
Property description
This a beautiful Spanish style 5-plex with two huge 2Bed, 2Bath Units and 3 1Bed, 1Bath units. Property is in excellent condition, meticulously maintained by current owner. Low rents with great upside. Many recent upgrades to plumbing, electrical and roof. Only $152.16 per foot.
Listed by
Listing Agent - Kevin King
Listing Office - Marcus & Millichap
Source: CRMLS mls logo
MLS#P618273 • last updated 15 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Spanish
Type Residential Income
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6499
Tax Area 11934
Year Built 1936
Exterior
Construction Stucco
Building Area 4436
Location
County Los Angeles
Subdivision WR, Other (OTHR)
APN 7205021005
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1499
Gross Spendable Income 5731
Operating Expense 15781
Cap Rate 4.84
Expense: Insurance 1420
Expense: Maintenance 2499
Gross Income 4165
Expense: Electric 1000
Gross Multiplier 13.51
Gross Scheduled Income 49980
Lot/ Land Details
Rental est.: $1,435/month
Gross rent multiplier: 39.2
  • Dec 2010
    mls logo MLS # P618273
  • Dec 20, 2010 Sold
    $675,000 (+3.8%)
  • Jan 7, 2008 Listed
    $675,000
  • Jun 2008
    Public Records
  • Jun 30, 2008 Sold
    $650,000 (-3.7%)
  • Year Property taxes Tax assessment
  • 2024
    $11,111 +1.7%
    $837,032 +2.0%
  • 2023
    $10,930 +6.4%
    $820,621 +2.0%
  • 2022
    $10,270 +2.2%
    $804,531 +2.0%
  • 2021
    $10,054 +0.3%
    $788,757
  • 2020
    $10,026 +4.4%
    $788,757 +5.12%
  • 2018
    $9,607
    $750,358
  • 2268 Cedar Ave
    $675K
  • South Wrigley
    $849K -3% y/y
  • 90806
    $799K +5% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lafayette Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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