tomo logo

$318,000

Beds
1
Baths
1.0
sq ft
580

335 Cedar Ave Unit 410, Long Beach, CA 90802

335 Cedar Ave Unit 410

Long Beach, CA 90802

  • 40 days on market
Welcome to Cedar Towers! This top-floor 1-bedroom, 1-bathroom condo offers the perfect combination of comfort and convenience in the heart of the Arts district of downtown Long Beach. Step inside to find modern upgrades, including recessed lighting, new vinyl flooring, new modern ceiling fans throughout and upgraded electrical outlets. The ceiling fans offer heat on those colder days. The kitchen comes equipped with a refrigerator and stove, while the cozy dining area features a charming breakfast bench. Freshly painted and move-in ready, this secure building offers peace of mind with an updated door intercom system, cameras throughout, and an elevator for easy access. Cedar Towers is perfectly located near downtown attractions such as The Pike, the Aquarium of the Pacific, the Promenade, the iconic Queen Mary, Shoreline Village and the beach. Enjoy restaurants, shopping or strolling throughout the downtown area. Convenient access to the 710 Freeway, Vincent Thomas Bridge and public transportation. So, whether you're enjoying the vibrant city life or relaxing in your upgraded unit, this condo offers the best of Long Beach living! May qualify for up to 100% financing, NO MI Required, $500 minimum, Household income allowed up $147,300(Median Family Income LA County), Max DTI(Debt-to-income), Min Credit score 680. May qualify for $10,000 Grant to use towards down payment and closing cost.

Details

Property type

Condominium

Est. home value

$330,464

Lot size

0.3438 acres

Price per sq ft

$549

Year built

1965

Monthly HOA fee

$575

Price History

10/07/2024
CRMLS

CRMLS #PW24203932

Listed
$318,000
+9.66%
07/07/2021
CRMLS

CRMLS #DW21092816

Sold
$290,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

27

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

$37,540
Asking price
$318,000
Closing costs (~8% of asking)
-$25,440
Est. remaining loan balance
-$255,020
Cash to seller
$37,540

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

Seller’s Loan History

Lender

Data Mortgage Inc

Loan start date

June 2021

Original loan amount

$275,500

Est. remaining balance

$255,020

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

James Edward Grant

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: 11/15/2024 at 9:05 PM

Listing updated: 11/14/2024 at 12:25 PM

Listed by: Jerusha Day, Berkshire Hathaway HomeServices California Properties Phone #: (562) 860-2443

MLS: CRMLS #PW24203932

CRMLS logo

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