Movoto Real Estate
Sold on 12/01/2023
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505 Cedar Ave, Long Beach, CA 90802

$499,000

Last sold 12/01/2023 after 32 Days

  • —

    bed

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    bath

Multi-family not for sale

About 505 Cedar Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $300/month
Lot size 6,757 Sqft
Parking 1 garage spaces
Rental estimate
Property description
This 2 bed, 2 bath designer condo was completely remodeled in 2018 and the interior has been freshly painted. The condo has its own inside laundry, a 1 car garage with 1 space in front which allows you to park 2 cars. The condo is near to the revitalized downtown with its restaurants, shops, nightlife and the waterfront. Through the front door you enter into a spacious living room with a connected balcony that has a beautiful view of the downtown skyline. Wood grain vinyl plank flooring throughout the condo makes care and maintenance easy. Two large bedrooms have ample closet space with built in cabinets. The two bathrooms were renovated with marbled ceramic tiles, quartz counter tops and cabinets matching the kitchen. Inside laundry with a GE stacked washer and dryer. The hallway has built-in cabinets and drawers for additional storage. The layout is highly efficient, maximizing the square footage. This upper end unit has no neighbors above!
Listed by
Listing Agent - Andrew Scarborough
Listing Agent Contact: 916-768-6244
Listing Office - Charlotte T. De Hesa
Source: CRMLS mls logo
MLS#SW23201819 • last updated 2 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One, Mid Century Modern
Type Residential Income
SubType Condominium
Status Closed
Lot Size (Acres) 0.1551
Lot Size (SqFt) 6757
Year Built 1962
HOA Name Acacia, Acacia
Condition Turnkey
HOA Fee Monthly, 300
Interior
Appliances Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Water Heater
Interior Features Elevator, Living Room Balcony, Open Floorplan, Quartz Counters
Accessibility Features None
Window Features ENERGY STAR Qualified Windows
Exterior
Construction Drywall Walls
Building Area Square Feet, 6757
Roof Other
Parking Assigned, Garage - Single Door
# Parking Spaces 1
# Garage Spaces 1
Lot Description Near Public Transit
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - On Property
HOA Amenities Trash, Water, Pet Rules, Pets Permitted
Spa None
Pool None
Location
View City Lights, Neighborhood
County Los Angeles
Community Features Biking, Curbs, Sidewalks, Street Lights
Subdivision Acacia Condominiums, Other (OTHR)
Zoning LBPD10
Directions Corner Of 5th And Cedar
APN 7280002090
Multifamily Details
Tenant Pays All Utilities
Operating Expense 300
Expense: Insurance 600
Total Expenses 4200
Gross Income 2500
Gross Scheduled Income 2500
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,230/month
Gross rent multiplier: 33.8
  • 505 Cedar Ave
    $499K
  • Downtown Long Beach
    $399K -17% y/y
  • 90802
    $459K -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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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.
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