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Closed
- Listed price
- $1,275,000
- Listed Aug 17, 2017
- Sold price
- $1,241,750
- Sold Nov 17, 2017
8,162 sqft lot|1948 Built|5 MLS days on market
1972 Cedar Ave, Long Beach, CA 90806
Property Description
The subject property is situated on a large lot of approximately 8,105 square feet and 5,290 rentable square feet. The unit mix consists of four, large one-bedroom/ one-bathroom units which range in size from 575 square feet to 920 square feet and two, large two-bedroom/ one-bathroom units which are approximately 1,150 square feet. The building was recently extensively renovated and upgraded. Some of the upgrades include but are not limited to: new cabinetry, new PEX plumbing, new kitchens, new bathrooms, new windows, new appliances, new water heater, new laundry room, new irrigation, and new floors. This is a very low expense investment that offers tenant amenities such as an on-site laundry room, large grassy courtyard, and enclosed garages.
Listing agent: Greg BassirpouDRE #01365951gbassirpou@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 10/28/2026, 6:11:18 AM PT
Source: CRMLSMLS #: OC17191840
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,241,750
Nov 17, 2017
Available records22017
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90806 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90806 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.