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5225 E Ocean Blvd, Long Beach, CA 90803
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5225 E Ocean Blvd Long Beach, CA 90803

$2,600,000 Sold Price as of 12/15/2020
  • 4 Beds
  • 6 Baths
  • 4,252 Sq.Ft.
Sold
$2,600,000 Sold Price as of 12/15/2020 Refinance Your Mortgage
Map preview of 5225 E Ocean Blvd, Long Beach, CA 90803

Property Overview: 5225 E Ocean Blvd Long Beach, CA has 4 bedrooms, 6 bathrooms, 4,252 living square feet and 2,361 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This beautiful quadruplex with panoramic ocean views is one of a kind. The 2-story owner’s unit is located on the top 2 floors. This huge unit has an open floor plan with amazing beach views as well as 3 private outdoor patios & a rooftop deck! Both master bed/bath as well as guest bed/bathroom are located on the bottom floor. The master bedroom retreat includes a huge walk-in closet and private patio area. The elegant master bath has 2 sinks, 2 closet areas, a jacuzzi tub & separate walk in shower. The laundry room/cedar closet is connected to the master bath. A nice sized guest room is located down the hall with its own private bathroom. Head up the stairs, to the 2nd floor, to enjoy the breathtaking views in the huge open & airy living room, that overlooks beach. Step out onto the connected balcony at sunset & get lost in the beauty of beach life at its finest. During the day all of the big windows, radiate natural light that extends into the dining room & vintage wet bar area. Adjacent to the dining room step down to a small office area and across is a 1/2 bath. The spacious custom kitchen is fit for a chef & connects to the back patio & breakfast nook. The family room runs along the Corona side with more views & large windows. Units: 2 large-1 bedroom 1 bath units have ocean views as well & are identical in their layouts. Single unit is rented out to long term tenant. There are also 2-2 car garages, currently being used by owners. Pride of ownership don't miss out!

Listed by Vanessa Colonna | BRE #01339304 | Vanessa Colonna, Broker
Last checked: 21 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
2,361
HOA Dues
$0/mo
Year built
1951
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW20199787
City
Long Beach
County
Los Angeles
Time on Site
1448 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $44,602
  • Gross Operating Income: $57,600
  • # of Rented Garages: 0
  • Garage Rental Rate: $250
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,998
  • Electric: $800
  • Gas/Fuel: $0
  • Licenses: $526
  • New Taxes: $35,200
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $4,800
  • Maintenance: $5,000
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $1,152

Virtual Tour

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Property Details for 5225 E Ocean Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric
Heating Information
  • Has Heating
  • Central, Forced Air, Radiant, Electric, See Remarks
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas Dryer Hookup, In Garage, Inside, Upper Level, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Gas, Gas Starter
Room Information
  • Flooring: Carpet, See Remarks, Tile, Wood
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Library, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Utility Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator, Self Cleaning Oven
Interior Features
  • 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Partial, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Unfurnished, Wet Bar
  • Levels: Three Or More, Multi/Split
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Insulated Windows, Screens, Skylight(s), Tinted Windows
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s), Window Bars, Wired for Alarm System
  • Door Features: Double Door Entry, Insulated Doors, Mirror Closet Door(s), Sliding Doors
Exterior Features
Exterior Information
  • Roof: Elastomeric, Rolled/Hot Mop, Slate
  • Awning(s), Lighting, Rain Gutters, Satellite Dish
  • Has Fence
  • Good Condition, Pipe, Security, Stucco Wall, Wrought Iron
  • Other Structures: Second Garage, Second Garage Attached, Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Parking Features: Controlled Entrance, Direct Garage Access, Concrete, Paved, Garage, Garage Faces Side, Garage - Two Door, Garage Door Opener, Off Street, Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, City Lights, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, Water
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7247024022
  • Year Built Source: Public Records
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Adaptable For Elevator, Doors - Swing In, Grab Bars In Bathroom(s), Low Pile Carpeting
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Sewer Assessments, Buyer to Assume, Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: On the corner of Ocean and Corona
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Gutters, Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 5225 E Ocean Blvd

Last sold for $2,600,000 on December 15th, 2020

  • December, 2020

  • Dec 18, 2020

    Date

    Sold

    CRMLS: PW20199787

    $2,600,000

    Price

  • Nov 2, 2020

    Date

    Active Under Contract

    CRMLS: PW20199787

    $2,750,000

    Price

  • Oct 5, 2020

    Date

    Active

    CRMLS: PW20199787

    $2,750,000

    Price

  • Oct 2, 2020

    Date

    Coming Soon

    CRMLS: PW20199787

    $2,750,000

    Price

  • December, 2020

  • Dec 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

Show More

Tax History for 5225 E Ocean Blvd

Assessed Value (2020): $1,148,108
Year Land Value Improved Value Assessed Value
2020 $428,442 $719,666 $1,148,108

Home Value Compared to the Market

This property vs the competition

5225 E Ocean Blvd sold on December 15, 2020 for 235.78% 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 $646.75 per/sqft which puts the price per square foot 2.99% higher than the current median sale per square foot for the city of Long Beach.

About 5225 E Ocean Blvd

Detailed summary of property

5225 E Ocean Blvd is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 4 bedrooms, 6 bathrooms, roughly 4,252 living square feet, and sits on an approximately 2,361 square foot lot. 5225 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on October 2, 2020. The homeowner sold the property for $2,600,000. 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 235.78% higher than the current median priced home. Local homes that are currently for sale include 1102 Termino Ave, 1660 Park Ave and 4016 E Wilton. While the average home in Long Beach, CA is selling in 62 days, 5225 E Ocean Blvd has a days on market of 24 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 5225 E Ocean Blvd 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 5225 E Ocean Blvd

Public county record property details
Beds
4
Baths
6
Year built
1951
Sq. Ft.
4,252
Lot Size
2,360
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
7247-024-022

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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Recently Sold Homes Near 5225 E Ocean Blvd

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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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