tomo logo

$370,000

Beds
1
Baths
1.0
sq ft
600

728 Cedar Ave Unit 4, Long Beach, CA 90813

728 Cedar Ave Unit 4

Long Beach, CA 90813

  • 33 days on market
Welcome to 728 Cedar Ave #4, the only unit currently on the market in this gated complex that includes a private, one-car garage—a rare and valuable feature! This top-floor condo in the vibrant Willmore District offers an abundance of natural light in the spacious living area through large picture windows. The recently remodeled kitchen boasts modern updates and designer finishes. The generously sized bedroom, complete with built-in closets and dressers, overlooks the central courtyard, while the updated, oversized bathroom feels bright and airy. With on-site laundry facilities and an ideal location in the heart of downtown Long Beach, you’ll enjoy quick access to freeways, public transportation, excellent dining, entertainment, and shopping.

Details

Property type

Condominium

Est. home value

$341,904

Property condition

Updated/Remodeled

Lot size

0.3452 acres

Price per sq ft

$617

Year built

1956

Monthly HOA fee

$232

Price History

11/19/2024
CRMLS

CRMLS #DW24236262

Listed
$370,000
+6.94%
02/08/2023
CRMLS

CRMLS #PW22234511

Sold
$346,000

Schools & Community

Neighborhood: 

Willmore City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Long Beach Unified

Number of units in community: 

16

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

$18,971
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$321,429
Cash to seller
$18,971

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

Seller’s Loan History

Lender

Jmj Funding Group Inc

Loan start date

January 2023

Original loan amount

$328,700

Est. remaining balance

$321,429

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Richard Tepos and Rosalva Torres Jimenez

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: 12/22/2024 at 3:20 AM

Listing updated: 12/05/2024 at 3:11 AM

Listed by: Kevin Orantes, Circle Real Estate Phone #: (562) 521-9022

MLS: CRMLS #DW24236262

CRMLS logo

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