5101 E 1St St, Long Beach, CA 90803
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5101 E 1St St Long Beach, CA 90803

$1,795,000
  • 5 Beds
  • 3 Baths
  • 2,691 Sq.Ft.
For Sale
$1,795,000 Get Pre-Qualified

Map preview of 5101 E 1St St, Long Beach, CA 90803

Property Overview: 5101 E 1St St Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,691 living square feet and 2,704 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime Triplex in the Heart of Belmont Shore. Located on the North/East corner of 1st St. & Granada. Easy walk to 2nd St., Beach, or Pool. Unit Mix of: 2-(2 Br's), 1-(1 Br) and 3-(Garages). First time for sale in 50+ years! Beautiful hardwood flooring. Large units, bldg. sq.ft is 2,691. Well maintained. Termite completion in 2022. Common Laundry room. See attached supplements.

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 11 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
2,704
HOA Dues
$0/mo
Year built
1952
Garage
3 Car
Property Type:
Apartment
Status
Active
MLS#
PW24180202
City
Long Beach
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.7
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $0
  • Gross Operating Income: $80,315
  • Vacancy Allowance: $2,485
  • # of Rented Garages: 3
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Gardener: $1,440
  • Insurance: $2,550
  • Maintenance: $1,200
  • Professional Management: $4,080
  • Water/Sewer: $0
  • Other Expenses: $2,000
  • Other Expense Description: Utilitie

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Property Details for 5101 E 1St St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Carpet, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • 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
  • Parking Features: Garage Faces Front, Street
Lot Information
  • Lot Features: Corner Lot, Front Yard, Level with Street, Rectangular Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7247015012
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: South of 2nd St.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Storm Drains, Street Lights
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Sale History for 5101 E 1St St

Last sold on April 21st, 1998
  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: PW24180202

    $1,795,000

    Price

  • April, 1998

  • Apr 21, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1997

  • Apr 25, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5101 E 1St St

Assessed Value (2020): $126,826
Year Land Value Improved Value Assessed Value
2020 $69,017 $57,809 $126,826

Home Value Compared to the Market

This property vs the competition

5101 E 1St St is listed 130.13% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $667.04 per/sqft which puts the price per square foot 3.26% higher than the median price per square foot for the city of Long Beach.

About 5101 E 1St St

Detailed summary of property

5101 E 1St St is a apartment located in Long Beach, CA 90803 and is currently for sale. This apartment offers 5 bedrooms, 3 bathrooms, roughly 2,691 living square feet, and sits on an approximately 2,704 square foot lot. 5101 E 1St St was first listed on ArdentRealEstateGroup.com on September 5, 2024. The homeowner is currently asking $1,795,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 130.13% higher than the median priced home. Local competing homes currently for sale include 236 Corona Ave, 70 Roswell Ave and 70 Roswell Ave. While the average home in Long Beach, CA is selling in 62 days, 5101 E 1St St has a days on market of 14 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 5101 E 1St St Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5101 E 1St St

Public county record property details
Beds
5
Baths
3
Year built
1952
Sq. Ft.
2,691
Lot Size
2,704
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
7247-015-012

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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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.