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4043 E 5th St, Long Beach, CA 90814
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4043 E 5th St Long Beach, CA 90814

$1,415,000 Sold Price as of 11/25/2020
  • 7 Beds
  • 3 Baths
  • 2,575 Sq.Ft.
Sold
$1,415,000 Sold Price as of 11/25/2020 Refinance Your Mortgage
Map preview of 4043 E 5th St, Long Beach, CA 90814

Property Overview: 4043 E 5th St Long Beach, CA has 7 bedrooms, 3 bathrooms, 2,575 living square feet and 6,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: “Craftsman Pride” is the best way to describe this beautifully restored home. Located in Belmont Heights in the lovely city of Long Beach. Three homes on a lot. The main house consists of 3 bed 1 bath with a little over 1,000 sqft. The back 2 units are identical 2 bed 1 bath at about 700 sqft. The main house has been meticulously restored to the luster of what it would have looked like over a 100 years ago with the addition of modern amenities. Original hardwood floors through out with extra high coffered ceiling making this home feel larger than it is. Spacious living room combo dining room with an architectural arch separating the two areas. The kitchen has been tastefully designed with white shaker style cabinets, Italian inspired quartz countertops with a posh hex cement tile back splash. Upgraded stainless steel appliances for the cook in the family. Completely remodeled bathroom that features a classic yet modern take on subway tile. Concrete looking tile floors with a white raised vanity. Every single door is the original 5 panel doors that have been tediously restored with all new hardware. Gorgeously landscaped front yard for added curb appeal. The back units have been fully remodeled and ready to move in. The home also has a 4 car garage that can be partially converted into an ADU generating even more rental income.

Listed by JESSIE RODRIGUEZ | BRE #01418054 | CAL AMERICAN HOMES AND REALTY
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,503
HOA Dues
$0/mo
Year built
1909
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV20227968
City
Long Beach
County
Los Angeles
Time on Site
1421 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $73,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,400
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $50
  • Gardener: $200
  • Insurance: $100
  • Water/Sewer: $100

Property Details for 4043 E 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Source: Seller
  • Common Interest: None
Property Information
  • Has View
  • View: Peek-A-Boo
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7255018021
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Termino Ave and E. 5th Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 4043 E 5th St

Last sold for $1,415,000 on November 25th, 2020

  • November, 2020

  • Nov 25, 2020

    Date

    Sold

    CRMLS: CV20227968

    $1,415,000

    Price

  • Nov 4, 2020

    Date

    Pending

    CRMLS: CV20227968

    $1,349,000

    Price

  • Oct 29, 2020

    Date

    Active

    CRMLS: CV20227968

    $1,349,000

    Price

  • November, 2020

  • Nov 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,415,000

    Price

  • August, 2020

  • Aug 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $980,000

    Price

Show More

Tax History for 4043 E 5th St

Assessed Value (2020): $441,444
Year Land Value Improved Value Assessed Value
2020 $283,785 $157,659 $441,444

Home Value Compared to the Market

This property vs the competition

4043 E 5th St sold on November 25, 2020 for 64.71% 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 $523.88 per/sqft which puts the price per square foot 16.58% lower than the current median sale per square foot for the city of Long Beach.

About 4043 E 5th St

Detailed summary of property

4043 E 5th St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,575 living square feet, and sits on an approximately 6,503 square foot lot. 4043 E 5th St was first listed on ArdentRealEstateGroup.com on October 29, 2020. The homeowner sold the property for $1,415,000. 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 64.71% higher than the current median priced home. Local homes that are currently for sale include 1761 Redondo Ave, 4134 E Jacinto Way and 1120 Stanley Ave. While the average home in Long Beach, CA is selling in 62 days, 4043 E 5th St has a days on market of 6 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 4043 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 4043 E 5th St

Public county record property details
Beds
4
Baths
3
Year built
1909
Sq. Ft.
2,514
Lot Size
6,503
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35,36
APN
7255-018-021

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
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
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%)

Thinking of Selling?

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(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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