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505 W 5Th St #312, Long Beach, CA 90802
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505 W 5Th St #312 Long Beach, CA 90802

$400,000 Sold Price as of 11/29/2022
  • 1 Beds
  • 1 Baths
  • 811 Sq.Ft.
Sold
$400,000 Sold Price as of 11/29/2022 Refinance Your Mortgage
Map preview of 505 W 5Th St #312, Long Beach, CA 90802

Property Overview: 505 W 5Th St #312 Long Beach, CA has 1 bedrooms, 1 bathrooms, 811 living square feet and 26,438 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First-Time Buyer or Investor Opportunity! This top-floor, corner-unit condo has a welcoming floor plan with abundant natural light. There is a roof-top, partial view of Long Beach. This home features a new heating and air conditioning system, an inside stackable washer and dryer, a living room with vaulted ceilings and a balcony, and a separate dining area. There is one assigned parking space with a small storage cabinet. The building has well-maintained grounds and secure, gated parking with six guest parking stalls. Cosmetic updates are needed. Cosmetic updates and Buyer Closing Costs are negotiable. This home has much to offer and awaits your finishing touches.

Listed by David Geiger | BRE #01194739 | CA Real Estate Network
Last checked: 8 minutes ago | Last updated: December 1st, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
26,438
HOA Dues
$374/mo
Year built
1987
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
PW22195703
City
Long Beach
County
Los Angeles
Time on Site
752 days

Property Details for 505 W 5Th St #312

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Entry, Kitchen, Living Room, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Range
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Living Room Balcony
  • Levels: One
  • Security Features: Automatic Gate, Gated Community, Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Covered, Parking Space
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood, Peek-A-Boo, See Remarks
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 1
  • Parcel Number: 7278021093
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: Stackable washer and dryer.
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Queens View Commons
  • Association Fee: $374 (Monthly)
  • Association Amenities: Recreation Room, Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Call for Rules, Management, Security, Controlled Access, Hot Water
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Long Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Queens View Condos (QVC)
  • Directions: Magnolia and W. 5th Street. South of W. Cereza Way Street and North of W. Melrose Way.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 505 W 5Th St #312

Last sold for $400,000 on November 29th, 2022

  • November, 2022

  • Nov 29, 2022

    Date

    Sold

    CRMLS: PW22195703

    $400,000

    Price

  • Sep 6, 2022

    Date

    Active

    CRMLS: PW22195703

    $435,000

    Price

  • September, 2005

  • Sep 2, 2005

    Date

    Sold (Public Records)

    Public Records

    $224,000

    Price

Show More

Tax History for 505 W 5Th St #312

Assessed Value (2020): $349,240
Year Land Value Improved Value Assessed Value
2020 $234,286 $114,954 $349,240

Home Value Compared to the Market

This property vs the competition

505 W 5Th St #312 sold on November 29, 2022 for 51.17% lower 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 $493.09 per/sqft which puts the price per square foot 21.48% lower than the current median sale per square foot for the city of Long Beach.

About 505 W 5Th St #312

Detailed summary of property

505 W 5Th St #312 is a condominium that recently sold in Long Beach, CA 90802. This condo offered 1 bedrooms, 1 bathrooms, roughly 811 living square feet, and sits on an approximately 26,438 square foot lot. 505 W 5Th St #312 was first listed on ArdentRealEstateGroup.com on September 6, 2022. The homeowner sold the property for $400,000. 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 51.17% lower than the current median priced home. Local homes that are currently for sale include 735 Cedar Ave #25, 728 Cedar Ave #29 and 800 Pacific Ave #205. This home does have a Homeowners Association and the monthly fee is $374 per month. While the average home in Long Beach, CA is selling in 65 days, 505 W 5Th St #312 has a days on market of 50 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 505 W 5Th St #312 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 505 W 5Th St #312

Public county record property details
Beds
1
Baths
1
Year built
1987
Sq. Ft.
811
Lot Size
26,437
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7278-021-093

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
$549,900
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
175
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

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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