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3908 E 5th St, Long Beach, CA 90814
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3908 E 5th St Long Beach, CA 90814

$1,110,000 Sold Price as of 11/19/2020
  • 6 Beds
  • 5 Baths
  • 2,587 Sq.Ft.
Sold
$1,110,000 Sold Price as of 11/19/2020 Refinance Your Mortgage
Map preview of 3908 E 5th St, Long Beach, CA 90814

Property Overview: 3908 E 5th St Long Beach, CA has 6 bedrooms, 5 bathrooms, 2,587 living square feet and 6,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Select duplex property with great unit mix located on a prime residential street in the historic Belmont Heights section of Long Beach. Currently used as investment property. Front house is a post WWII gem of a 3 bed 1.75 bath house with hardwood floors, large kitchen and generous main bedroom. Back house is a more recently built and larger 3 bed 2.25 bath townhouse style with good sized bedrooms including a popular "jack and jill" type floor plan. Both front and back homes have laundry machines. Front home has a grassy front yard and gated patio. Back home has small grassy side yard in addition to a partially covered patio.

Listed by Paul Gustin | BRE #01179144 | Coldwell Banker Coastal Alliance
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
1949
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW20196445
City
Long Beach
County
Los Angeles
Time on Site
1460 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $29,400
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $33,600
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.23%
  • Gross Rent Multiplier: 16.51
  • Gross Scheduled Income: $70,800
  • Net Operating Income: $49,444
  • Gross Operating Income: $70,800
  • Vacancy Allowance: $0
  • Other Income Description: Projected Rents For Analysis
Annual Expense Breakdown
  • Total Operating Expense: $21,356
  • Electric: $540
  • New Taxes: $14,612
  • Trash: $0
  • Gardener: $600
  • Insurance: $933
  • Maintenance: $1,071
  • Professional Management: $3,600

Property Details for 3908 E 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, In Garage, Inside, Stackable, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Family Room, Kitchen, Living Room, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Range Hood, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Pantry, Tile Counters, Unfurnished
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Driveway, Paved, Garage, Garage Faces Rear, Garage Faces Side, Garage - Single Door, Gated, Off Street
Lot Information
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Sprinklers In Front, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7255016021
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Foundation Details: Combination
  • Property is Attached
  • Offered With Property: Refrigerators, Washers, Dryers and Stoves
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: 405 freeway Spring St exit left.. to Redondo Ave. Turn left on 4th, left on Grand Ave, right on 5th
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 3908 E 5th St

Last sold for $1,110,000 on November 19th, 2020

  • November, 2020

  • Nov 20, 2020

    Date

    Sold

    CRMLS: PW20196445

    $1,110,000

    Price

  • Nov 10, 2020

    Date

    Pending

    CRMLS: PW20196445

    $1,169,000

    Price

  • Oct 17, 2020

    Date

    Active Under Contract

    CRMLS: PW20196445

    $1,169,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: PW20196445

    $1,169,000

    Price

  • Sep 29, 2020

    Date

    Coming Soon

    CRMLS: PW20196445

    $1,169,000

    Price

  • November, 2020

  • Nov 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,110,000

    Price

  • April, 2018

  • Apr 16, 2018

    Date

    Leased

    CRMLS: PW18022837

    $3,000

    Price

  • Feb 12, 2018

    Date

    Pending

    CRMLS: PW18022837

    $2,900

    Price

  • Feb 8, 2018

    Date

    Active Under Contract

    CRMLS: PW18022837

    $2,900

    Price

  • Jan 31, 2018

    Date

    Active

    CRMLS: PW18022837

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    Updated 3 bed 2.50 bath 'townhome' style attached home in Historical District section of highly desirable Belmont Heights neighborhood. Award winning Fremont Elementary School, as well as trendy 4th St. shops and resturants within walking distance. Interior of property nicely remodeled in 2011. Newer laminate hardwood floors, fixtures, blinds and appliances. Tasteful and ergonomically designed custom kitchen with silestone countertops and lazy Susan cabinet. Enormous main upstairs bedroom along with two 'jack and jill' style bedrooms. Living room and dining room downstairs with laminate hardwood floors. Newer forced air heater and Central Air Conditioning.

  • June, 2011

  • Jun 20, 2011

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 3908 E 5th St

Assessed Value (2020): $761,453
Year Land Value Improved Value Assessed Value
2020 $533,018 $228,435 $761,453

Home Value Compared to the Market

This property vs the competition

3908 E 5th St sold on November 19, 2020 for 42.74% 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 $451.87 per/sqft which puts the price per square foot 28.05% lower than the current median sale per square foot for the city of Long Beach.

About 3908 E 5th St

Detailed summary of property

3908 E 5th St is a duplex that recently sold in Long Beach, CA 90814. This duplex offered 6 bedrooms, 5 bathrooms, roughly 2,587 living square feet, and sits on an approximately 6,502 square foot lot. 3908 E 5th St was first listed on ArdentRealEstateGroup.com on September 29, 2020. The homeowner sold the property for $1,110,000. 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 42.74% higher than the current median priced home. Local homes that are currently for sale include 1640 E Erie St, 2251 E 20th Street and 1339 Peterson Ave. While the average home in Long Beach, CA is selling in 65 days, 3908 E 5th St has a days on market of 13 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 3908 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 3908 E 5th St

Public county record property details
Beds
5
Baths
5
Year built
1949
Sq. Ft.
2,587
Lot Size
6,502
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7255-016-021

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
$964,900
Median List Price/Sq.Ft.
$664
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
42
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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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