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2914 E 5th St, Long Beach, CA 90814
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2914 E 5th St Long Beach, CA 90814

$1,700,000 Sold Price as of 04/01/2024
  • 5 Beds
  • 3.25 Baths
  • 2,496 Sq.Ft.
Sold
$1,700,000 Sold Price as of 04/01/2024 Refinance Your Mortgage
Map preview of 2914 E 5th St, Long Beach, CA 90814

Property Overview: 2914 E 5th St Long Beach, CA has 5 bedrooms, 3.25 bathrooms, 2,496 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.

Listed by Scott Niles | BRE #01923986 | Elements Real Estate
Co-listed by Sean Haghi | BRE #01420952 | Elements Real Estate
Last checked: 10 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 146

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1917
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
SB23195441
City
Long Beach
County
Los Angeles
Time on Site
209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,268
  • Total Rent: $2,268
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,706
  • Total Rent: $3,707
  • Pro Forma/Market Rent: $3,707
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,650
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $3,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.69%
  • Gross Rent Multiplier: 15.15
  • Gross Scheduled Income: $115,489
  • Net Operating Income: $82,128
  • Gross Operating Income: $112,601
  • Vacancy Allowance: $2,887
Annual Expense Breakdown
  • Total Operating Expense: $30,474
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $20,222
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $960
  • Insurance: $2,500
  • Maintenance: $1,500
  • Workman's Comp: $0
  • Professional Management: $4,042
  • Water/Sewer: $0
  • Other Expenses: $750
  • Other Expense Description: reserves

Property Details for 2914 E 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Stackable, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Wood
  • All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Interior Features
  • Quartz Counters, Recessed Lighting
  • Levels: One
  • Window Features: Blinds, Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat, Shingle
  • Lighting
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage Faces Side, Garage - Three Door
Lot Information
  • Lot Features: Front Yard, Landscaped, Level with Street, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Utilities - Overhead, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7257008010
  • Year Built Source: Assessor
  • Architectural Style: Craftsman, Spanish
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: From 4th & Orizaba, N on Orizaba to 5th W on 5th to address
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2914 E 5th St

Last sold for $1,700,000 on April 1st, 2024

  • April, 2024

  • Apr 1, 2024

    Date

    Sold

    CRMLS: SB23195441

    $1,700,000

    Price

  • Oct 20, 2023

    Date

    Active

    CRMLS: SB23195441

    $1,750,000

    Price

  • January, 2024

  • Jan 17, 2024

    Date

    Leased

    CRMLS: SB23169541

    $3,650

    Price

  • Sep 10, 2023

    Date

    Active

    CRMLS: SB23169541

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    Beautiful stand alone craftsman home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long Beach, this home has it all! By appointment only. Excellent Credit and Income meeting or exceeding 3x's monthly rent required. Call direct to schedule a private showing. Showings will be on Sunday's 12-2 and on Thursdays from 2-4 pm Please Do Not Disturb Tenants!

  • September, 2022

  • Sep 10, 2022

    Date

    Leased

    CRMLS: SB22171240

    $3,450

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: SB22171240

    $3,450

    Price

  • Listing provided courtesy of CRMLS

    Beautifully stand alone craftsman home with all the upgrades! LED lighting, engineered flooring, Stainless steel kitchen appliances, stone countertops, soft close cabinetry, vanity, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long b beach, this home has it all! By appointment only. Excellent Credit and Income meeting or exceeding 3x's monthly rent required. Call direct to schedule a private showing. Showings will be on Sunday's 12-2 Please Do Not Disturb Tenants!

  • September, 2021

  • Sep 15, 2021

    Date

    Leased

    CRMLS: SB21140462

    $3,300

    Price

  • Aug 18, 2021

    Date

    Pending

    CRMLS: SB21140462

    $3,300

    Price

  • Aug 8, 2021

    Date

    Active

    CRMLS: SB21140462

    $3,300

    Price

  • Jul 23, 2021

    Date

    Hold

    CRMLS: SB21140462

    $3,300

    Price

  • Jul 20, 2021

    Date

    Pending

    CRMLS: SB21140462

    $3,300

    Price

  • Jun 28, 2021

    Date

    Active

    CRMLS: SB21140462

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled Spanish Bungalow home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, tiled shower, roller shades, Private hard-scaped back yard and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long Beach. This home has it all! Please Do Not Disturb Tenants! Call today to schedule you private showing. Showings to be conducted on Sundays between 12-2 pm. Masks required please.

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: SB21133053

    $3,200

    Price

  • Jul 9, 2021

    Date

    Pending

    CRMLS: SB21133053

    $3,200

    Price

  • Jun 19, 2021

    Date

    Active

    CRMLS: SB21133053

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled stand alone craftsman home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long b beach, this home has it all! By appointment only. Excellent Credit and Income meeting or exceeding 3x's monthly rent required. Call direct to schedule a private showing. Showings will be on Sunday's 12-2 and on Thursdays from 2-4 pm Please Do Not Disturb Tenants!

  • January, 2021

  • Jan 1, 2021

    Date

    Leased

    CRMLS: SB20258582

    $2,995

    Price

  • Dec 17, 2020

    Date

    Active

    CRMLS: SB20258582

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled stand alone craftsman home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, tiled shower, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long b beach, this home has it all! By appointment only. Excellent Credit and Income meeting or exceeding 3x's monthly rent required. Call direct to schedule a private showing. Please Do Not Disturb Tenants!

  • July, 2020

  • Jul 6, 2020

    Date

    Leased

    CRMLS: SB20127446

    $1,899

    Price

  • Jul 3, 2020

    Date

    Pending

    CRMLS: SB20127446

    $1,899

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: SB20127446

    $1,899

    Price

  • Listing provided courtesy of CRMLS

    Fantastic 1 bedroom 1 bath unit fully remodeled in a contemporary style and ready for you! This unit has been completely rebuilt. Everything is new! Enjoy privacy and a very inviting, quiet area super close to shopping, dining and transportation. Located in the South Rose Park area this unit is part of a triplex where all the units are separate. The units are sited on a very picturesque and tranquil street where you can walk to almost everything. You will thoroughly enjoy the park like surroundings of the area. Everything is right outside your door. Call today to schedule your private showing.

  • November, 2019

  • Nov 6, 2019

    Date

    Leased

    CRMLS: SB19205317

    $2,895

    Price

  • Oct 25, 2019

    Date

    Price Change

    CRMLS: SB19205317

    $2,895

    Price

  • Aug 27, 2019

    Date

    Active

    CRMLS: SB19205317

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled Spanish Bungalow home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, tiled shower, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long b beach, this home has it all! Please Do Not Disturb Tenants!

  • October, 2019

  • Oct 30, 2019

    Date

    Leased

    CRMLS: SB19205282

    $2,895

    Price

  • Oct 29, 2019

    Date

    Pending

    CRMLS: SB19205282

    $2,895

    Price

  • Oct 25, 2019

    Date

    Price Change

    CRMLS: SB19205282

    $2,895

    Price

  • Aug 27, 2019

    Date

    Active

    CRMLS: SB19205282

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled craftsman home with all the upgrades! NEW LED lighting, flooring, kitchen appliances, countertops, cabinetry, vanity, tiled shower, roller shades, landscaping and more!. Located in Historic Rose Park, this home puts all that Long Beach has to offer just outside your door. 1 block from Ralph's grocery, 5 blocks from the beach, 4th ave and Broadway, dining, shopping, art galleries, theater, and downtown Long b beach, this home has it all! Please Do Not Disturb Tenants!

  • January, 2019

  • Jan 4, 2019

    Date

    Sold

    CRMLS: SB18204799

    $591,000

    Price

  • Aug 22, 2018

    Date

    Pending

    CRMLS: SB18204799

    $380,000

    Price

  • Aug 22, 2018

    Date

    Active

    CRMLS: SB18204799

    $380,000

    Price

  • Listing provided courtesy of CRMLS

    Property is a triplex located in the Long Beach area. This is a short sale, all conditions are subject to lender approval. Needs TLC. Buyer is to do their own due diligence, property will be sold as-is.

  • January, 2019

  • Jan 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $591,000

    Price

  • February, 2006

  • Feb 13, 2006

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

Show More

Tax History for 2914 E 5th St

Assessed Value (2020): $602,820
Year Land Value Improved Value Assessed Value
2020 $397,800 $205,020 $602,820

Home Value Compared to the Market

This property vs the competition

2914 E 5th St sold on April 1, 2024 for 118.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $701.12 per/sqft which puts the price per square foot 10.94% higher than the current median sale per square foot for the city of Long Beach.

About 2914 E 5th St

Detailed summary of property

2914 E 5th St is a triplex that recently sold in Long Beach, CA 90814. This triplex offered 5 bedrooms, 3.25 bathrooms, roughly 2,496 living square feet, and sits on an approximately 6,750 square foot lot. 2914 E 5th St was first listed on ArdentRealEstateGroup.com on October 20, 2023. The homeowner sold the property for $1,700,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 118.75% higher than the current median priced home. Local homes that are currently for sale include 239 Ximeno Ave, 1000 Ximeno Ave and 1120-1124 E Hellman St. While the average home in Long Beach, CA is selling in 51 days, 2914 E 5th St has a days on market of 146 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 2914 E 5th St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2914 E 5th St

Public county record property details
Beds
5
Baths
3
Year built
1961
Sq. Ft.
2,496
Lot Size
6,750
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-4,6,9
APN
7257-008-010

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$773,676
Median List Price/Sq.Ft.
$626
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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