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2151 2153-55 Cedar AVE Long Beach, CA 90806
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Wrigley Area (Wr)
MLS Listing ID PW23038360
Year Built 1931
Lot Size 6,433 Sqft
Property Description
***BACK ON THE MARKET AFTER BEING FULLY REMODELED***Discover a remarkable investment opportunity with this rare Spanish-style TRI-PLEX situated in the heart of South Wrigley area of Long Beach. Highlights include front unit as a Single Family Detached is freshly painted inside, it has an updated kitchen, new laminate wood flooring, renovated bathroom, inside washer/dryer room, private backyard/courtyard with an avocado tree and sitting area for the front unit that is free standing and no other structure attached. Front unit shows as 2 bedroom per tax records, but it is currently approved Section8 as a 3 Bedroom unit with 1 full bathroom, additional features include a large detached two-car garage with a long driveway and a secured metal gate. Bottom unit in the back has new laminate flooring, upgraded kitchen counter tops with new stove/oven. The 2 back spacious units have 1 bedroom, bathroom, and living room. The 2 back units have a total of 2 parking spaces that they can access from the alley behind the property with a secured metal gate. For convenience the 2 back units share an enclosed separate laundry room. There is separate gas and electric meters for each unit. This is a prime location just minutes from schools, shopping centers, dining, entertainment, Downtown Long Beach and the beach.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBR2N
Interior
Heating Fireplace(s), Radiant, See Remarks, Wall Furnace
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type Living Room
Laundry Inside, Laundry Room, See Remarks
Exterior
Parking Features Driveway, Garage, Private, One Space, See Remarks
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Building
Lot Description Front Yard, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Special Listing Condition Standard
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Bought with Jeffrey Isenberg • Buckingham Investments, Inc