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5140 Pacific Ave, Long Beach, CA 90805
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5140 Pacific Ave Long Beach, CA 90805

$620,000 Sold Price as of 09/18/2019
  • 4 Beds
  • 2 Baths
  • 1,848 Sq.Ft.
Sold
$620,000 Sold Price as of 09/18/2019 Refinance Your Mortgage
Map preview of 5140 Pacific Ave, Long Beach, CA 90805

Property Overview: 5140 Pacific Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,848 living square feet and 6,723 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Long Beach welcomes a great opportunity to live in one and rent the other. This property consists of 2 separate homes with 2 bedrooms and 1 bath each. Each house has it's own yard and own entrance. The roof was replaced just a couple of months ago

Listed by Luis Hernandez | BRE #01702834 | Century 21 A Better Service
Last checked: 35 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,723
HOA Dues
$0/mo
Year built
1925
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW19147567
City
Long Beach
County
Los Angeles
Time on Site
1530 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,400
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,813
  • Trash: $30
  • Insurance: $1,200
  • Water/Sewer: $30

Property Details for 5140 Pacific Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7132019008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Long Beach and Market
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 5140 Pacific Ave

Last leased for $2,395 on November 19th, 2020

  • November, 2020

  • Nov 20, 2020

    Date

    Leased

    CRMLS: PW20238615

    $2,395

    Price

  • Nov 19, 2020

    Date

    Pending

    CRMLS: PW20238615

    $2,395

    Price

  • Nov 16, 2020

    Date

    Hold

    CRMLS: PW20238615

    $2,395

    Price

  • Nov 14, 2020

    Date

    Active

    CRMLS: PW20238615

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    **DO NOT walk on the property, OCCUPIED. Shown by Appointment only** This 2 bedroom 1 bath home has been remodeled throughout and is as-new! Wood laminate flooring, recessed custom lighting on dimmer switches, lawn sprinklers, designer paint, new heat, mirrored wardrobe doors, all new paint inside and out, and a garden area. The new kitchen boasts a full suite of stainless steel Whirlpool appliances, soft closing new cabinetry and beautiful quartz countertops. A water line has been ran for your ice maker. The bathroom is spotlessly clean and is NEW. Washer/Dryer connections are conveniently located on the service porch next to the garage. There is a 1 car garage and the very long driveway can park 3-4 cars. You'll enjoy very long-term friendly neighbors that have lived in the neighborhood for decades. Within walking distance is the new Molina park and Scherer park. Shopping, restaurants and retail are throughout the community. Dooley Elementary and Lindsey Middle school is just a 3 minute walk. You'll love living here. Welcome Home! Owner pays water, sewage, gardener (2x a month). Tenant pays gas, electric, trash and renters insurance (About $10 per month). Friendly dog or cat 25lbs or less with pet rent of $30 per month will be considered. Rent is $2395 and security deposit is $2395. 12 month lease. Qualifications: $5987 Monthly income. 600 FICO score. 80% positive accounts on your credit. No prior evictions or collections by a prior landlord.

  • November, 2019

  • Nov 11, 2019

    Date

    Leased

    CRMLS: PW19251832

    $2,395

    Price

  • Oct 28, 2019

    Date

    Active

    CRMLS: PW19251832

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    This 2 bedroom 1 bath home has been remodeled throughout and is as-new! Wood laminate flooring, recessed custom lighting on dimmer switches, lawn sprinklers, designer paint, new heat, mirrored wardrobe doors, all new paint inside and out, and a garden area. The new kitchen boasts a full suite of stainless steel Whirlpool appliances, soft closing new cabinetry and beautiful quartz countertops. A water line has been ran for your ice maker. The bathroom is spotlessly clean and is NEW. Washer/Dryer connections are conveniently located on the service porch next to the garage. There is a 1 car garage and the very long driveway can park 3-4 cars. You'll enjoy very long-term friendly neighbors that have lived in the neighborhood for decades. Within walking distance is the new Molina park and Scherer park. Shopping, restaurants and retail are throughout the community. You'll love living here. Welcome Home! Owner pays water, sewage, gardener (2x a month) and renters insurance. Tenant pays gas, electric & trash. Friendly dog or cat 25lbs or less with pet rent of $30 per month will be considered. Rent is $2395 and security deposit is $2395. 12 month lease. Qualifications: $5987 Monthly income. 600 FICO score. 80% positive accounts on your credit. No prior evictions. To expedite your application, bring your ID, 2 most recent paycheck stubs, 2 most recent bank statements and $35 cash for your application fee to the showing Shown by appointment - please do not disturb the caretaker.

  • August, 2019

  • Aug 2, 2019

    Date

    Sold

    CRMLS: DW19147567

    $620,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: DW19147567

    $625,000

    Price

  • Jun 21, 2019

    Date

    Active

    CRMLS: DW19147567

    $625,000

    Price

  • July, 2019

  • Jul 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

Show More

Tax History for 5140 Pacific Ave

Assessed Value (2020): $620,000
Year Land Value Improved Value Assessed Value
2020 $320,000 $300,000 $620,000

Home Value Compared to the Market

This property vs the competition

5140 Pacific Ave sold on September 18, 2019 for 23.69% 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 $338.2 per/sqft which puts the price per square foot 46.15% lower than the current median sale per square foot for the city of Long Beach.

About 5140 Pacific Ave

Detailed summary of property

5140 Pacific Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,848 living square feet, and sits on an approximately 6,723 square foot lot. 5140 Pacific Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $620,000. 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 23.69% lower than the current median priced home. Local homes that are currently for sale include 114 W 110th St, 1643 E 87th Pl and 919 E 92nd St. While the average home in Long Beach, CA is selling in 65 days, 5140 Pacific Ave has a days on market of 6 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 5140 Pacific Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5140 Pacific Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,848
Lot Size
6,722
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
7132-019-008

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$685,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
94
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

Thinking of Selling?

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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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