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1711 E 5Th St Long Beach, CA 90802

$950,000 Sold Price as of 06/07/2023

7 Beds
4 Baths
1,755 Sq.Ft.

Sold

$950,000 Sold Price as of 06/07/2023 Refinance Your Mortgage

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Map preview of 1711 E 5Th St, Long Beach, CA 90802

Property Overview: 1711 E 5Th St Long Beach, CA has 7 bedrooms, 4 bathrooms, 1,755 living square feet and 6,071 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1711 -1711 ½ E. 5th Street is comprised of two (2) houses on a 6,071-square-foot lot. 1711 offers five (5) bedrooms and three (3) bathrooms with an office and a one (1) car garage as well as an enclosed patio off the living room and an enclosed backyard. Laundry hookups are available in the garage and a long driveway provides tandem space for up to four (4) cars. Upgrades include new windows, new exterior paint, a newer remodeled kitchen with newer cabinets, granite counter tops, tile backsplash, new Life-Proof locking flooring and stainless steel appliances. 1711 ½ offers two (2) bedrooms and one (1) bathroom, along with in-unit washer/dryer and an enclosed private yard. Upgrades include new windows, new exterior paint, a newer remodeled kitchen with newer cabinets, granite counter tops, tile backsplash, new Life-Proof locking flooring and stainless steel appliances.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Co-listed by Larry Bustamante | BRE #00762602 | Keller Williams - Santa Monica

Last checked: 2 minutes ago | Last updated: June 7th, 2023 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft: 6,071
HOA Dues: $0/mo
Year built: 1923
Garage: 1 Car
Property Type:: Duplex

Status: Sold
MLS#: PW23027786
City: Long Beach
County: Los Angeles
Time on Site: 579 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 5
# of Baths: 3
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $3,850
Total Rent: $3,850
Pro Forma/Market Rent: $3,850

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,005
Total Rent: $2,005
Pro Forma/Market Rent: $2,055

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $70,260
Net Operating Income: $46,319
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $21,833
Electric: $0
Gas/Fuel: $0
Licenses: $700
New Taxes: $12,315
Trash: $0
Gardener: $900
Insurance: $1,492
Maintenance: $1,200
Professional Management: $3,408
Water/Sewer: $618
Other Expenses: $600
Other Expense Description: Reserves

Property Details for 1711 E 5Th St

Interior Features

Laundry Information

Has Laundry
Stackable

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 1
# of Parking Spaces: 5

Lot Information

Lot Features: 2-5 Units/Acre
Lot Size Source: Estimated
Common Interest: Community Apartment

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 7266021012
Year Built Source: Assessor
Property is not Attached
Has Additional Parcels

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Alamitos Beach (AB)
Directions: Rose Ave & E 5th St

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Long Beach Agent

Sale History for 1711 E 5Th St

Last sold for $950,000 on June 7th, 2023

June, 2023
Jun 7, 2023

Date

Sold

CRMLS: PW23027786

$950,000

Price
Feb 18, 2023

Date

Active

CRMLS: PW23027786

$950,000

Price
August, 1997
Aug 6, 1997

Date

Sold (Public Records)

Public Records

$134,000

Price
July, 1994
Jul 29, 1994

Date

Sold (Public Records)

Public Records

$117,500

Price

Tax History for 1711 E 5Th St

Assessed Value (2020): $298,508

Year	Land Value	Improved Value	Assessed Value
2020	$238,812	$59,696	$298,508

Home Value Compared to the Market

This property vs the competition

1711 E 5Th St sold on June 7, 2023 for 16% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $541.31 per/sqft which puts the price per square foot 13.8% lower than the current median sale per square foot for the city of Long Beach.

About 1711 E 5Th St

Detailed summary of property

1711 E 5Th St is a duplex that recently sold in Long Beach, CA 90802. This duplex offered 7 bedrooms, 4 bathrooms, roughly 1,755 living square feet, and sits on an approximately 6,071 square foot lot. 1711 E 5Th St was first listed on ArdentRealEstateGroup.com on February 18, 2023. The homeowner sold the property for $950,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 16% higher than the current median priced home. Local homes that are currently for sale include 1348 E Wesley Dr, 229 W 8th St and 702 Cedar Ave. While the average home in Long Beach, CA is selling in 62 days, 1711 E 5Th St has a days on market of 73 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1711 E 5Th St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1711 E 5Th St

Public county record property details

Beds: 3
Baths: 1
Year built: 1923
Sq. Ft.: 1,203
Lot Size: 4,294
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 7266-021-012

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$569,000

Median List Price/Sq.Ft.

$660

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$619

Total Inventory

173

Median Sale to List Price %

100.39%

Avg Days on Market

Loan Type

Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.