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$298,000

Beds
1
Baths
1.0
sq ft
524

335 Cedar Ave Unit 105, Long Beach, CA 90802

335 Cedar Ave Unit 105

Long Beach, CA 90802

  • 146 days on market
    • Price drop $1,000↓
**Seller to offer a credit of $80/month x 24 months for prepaid 2 years of parking!** Nestled in the vibrant heart of downtown Long Beach, this delightful 1-bedroom, 1-bathroom condo radiates charm and convenience. Surrounded by an array of restaurants and nightlife hotspots, with The Pike and Shoreline Village just minutes away, as well as being five blocks from the beach and one block from the Blue Line train, it offers the epitome of urban living. Upon entering, you're greeted by a spacious living room adorned with a large window, offering enchanting views of the lush courtyard gardens. The bathroom has been tastefully updated, boasting ample space and modern fixtures. Freshly painted walls complement the new ceiling fans and well-maintained laminate wood flooring throughout. For added convenience, the condo boasts an updated on-site laundry facility and secure gated-access parking, ensuring ease in day-to-day living. The HOA covers essential amenities such as water, sewage, trash, building maintenance, and professional property management, making it an attractive investment opportunity. Experience the allure of downtown living in this charming condo, where comfort meets convenience in an unbeatable location.

Details

Property type

Condominium

Est. home value

$314,734

Lot size

0.3438 acres

Price per sq ft

$569

Year built

1965

Monthly HOA fee

$512.27

Price History

07/08/2024
CRMLS

CRMLS #DW24080403

Price change
$298,000
-0.33%
05/06/2024
CRMLS

CRMLS #DW24080403

Listed
$299,000
+11.15%
05/12/2022
CRMLS

CRMLS #PW22041806

Sold
$269,000
+7.6%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

60

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$43,891
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$230,269
Cash to seller
$43,891

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

March 2022

Original loan amount

$242,100

Est. remaining balance

$230,269

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Vida Doriza Reya Base and Verna Ruth Solijon Base

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/28/2024 at 5:50 PM

Listing updated: 09/07/2024 at 4:01 PM

Listed by: Shannon Paul, Zaia Estates Phone #: (562) 706-0100

MLS: CRMLS #DW24080403

CRMLS logo

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