tomo logo

$524,000

Beds
2
Baths
2.0
sq ft
918

528 Cedar Ave Unit 2N, Long Beach, CA 90802

528 Cedar Ave Unit 2N

Long Beach, CA 90802

  • 68 days on market
    • Price drop $15,000↓
Last Chance: Your Dream Home Awaits - Act Now! This fully renovated condo offers the perfect blend of modern comfort and urban convenience. Enjoy abundant natural light, a spacious living room, and a private balcony. The kitchen features brand-new stainless steel appliances and stylish finishes. Both bedrooms are bright and roomy, with the master bedroom offering ample closet space and a private bathroom. Join a vibrant neighborhood with easy access to public transportation, restaurants, shops, and attractions. It is conveniently located in downtown Long Beach, close to the 405 and 710 freeways. This well-managed building offers a beautiful courtyard, an elevator, and secure underground parking. Don't miss this opportunity to own a fully renovated condo in a prime downtown Long Beach location. With its spacious layout, abundant natural light, and modern amenities, this unit is sure to sell quickly. Schedule a tour today and experience the difference.

Details

Property type

Condominium

Est. home value

$511,905

Lot size

0.3986 acres

Price per sq ft

$571

Year built

1960

Monthly HOA fee

$438.41

Price History

08/25/2024
CRMLS

CRMLS #IV24140634

Price change
$524,000
-2.78%
07/10/2024
CRMLS

CRMLS #IV24140634

Listed
$539,000
+8.89%
02/16/2022
CRMLS

CRMLS #PW22002221

Sold
$495,000
+41.43%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

38

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

$107,542
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$374,538
Cash to seller
$107,542

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

Seller’s Loan History

Lender

Mk Lending Corp

Loan start date

February 2022

Original loan amount

$396,000

Est. remaining balance

$374,538

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Rahul Mahant

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: 09/16/2024 at 12:15 PM

Listing updated: 08/30/2024 at 11:50 AM

Listed by: MICHEL EDOUKOU, KLOVUS REALTY Phone #: (323) 258-4317

MLS: CRMLS #IV24140634

CRMLS logo

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