1040 Cedar

Long Beach, CA 90813
$2,650,000
Completely refurbished units with newer carpeting, and tile flooring, granite kitchen countertops. The complex is gated. plus, it is near the downtown area, the World Trade Center and courthouse The Gross multiplier is based on existing rent of the vacant unit at $1950. Property has its Balcony report.
Property listed by J & P Realty, Jack Bliss 310-418-7528
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1963
MLS Number
SB26064905
Property Location Map
Additional Details
Building
Built in 1963, 1 building, 2 stories, Entry level: 1, Entry location: front
Community
Curbs, StreetLights, Suburban, Sidewalks
Expenses
Electric: $1,430, Insurance: $9,700, Licenses: $265, Maintenance: $14,441, Operating: $68,862, Pest Control: $910, Supplies: $3,000, Water/Sewer: $4,791, Other Expense: $1,200
Garage
5 spaces
Income
Gross ScheduledIncome: $274,200, Net Operating Income: $197,112
Laundry
CommonArea
Lot
0.1719 acres, ElevenToFifteenUnitsAcre
Parking
5 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7272005027, Lot: 19
Utilities
Water Source: Public, 10 separate electric meters
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Monthly Payment
$0
Keith Richardson
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.