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5229 E Ocean Blvd, Long Beach, CA 90803
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5229 E Ocean Blvd Long Beach, CA 90803

$1,400,000 Sold Price as of 04/01/2021
  • 3 Beds
  • 2 Baths
  • 1,889 Sq.Ft.
Sold
$1,400,000 Sold Price as of 04/01/2021 Refinance Your Mortgage
Map preview of 5229 E Ocean Blvd, Long Beach, CA 90803

Property Overview: 5229 E Ocean Blvd Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,889 living square feet and 2,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exceptional Penninsula duplex close to the sand. Experience all the 2nd Street has to offer. Large windows in both units which give way to a beuatiful beach view. Upstairs unit consists of 2BD / 1BA. Laundry is located in the unit. Downstairs unit consists of 1BD / !BA. It has an open floor and also contains laundry within the unit. Take advantage of the ocean breeze while sitting on the front patio. There are two single car garages in the rear of the property.

Listed by Christy Westphal | BRE #02030334 | Century 21 Masters
Co-listed by Melinda Elmer | BRE #01399946 | Century 21 Masters
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
2,699
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21069269
City
Long Beach
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,400
  • Net Operating Income: $28,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5229 E Ocean Blvd

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7247024023
  • 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: Peninsula (PI)
  • Directions: Ocean Blvd / Corona Ave
Neighborhood Information
  • Community Features: Curbs, Watersports, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 5229 E Ocean Blvd

Last sold for $1,400,000 on April 1st, 2021

  • April, 2021

  • Apr 2, 2021

    Date

    Sold

    CRMLS: PW21069269

    $1,400,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: PW21069269

    $1,400,000

    Price

  • December, 1999

  • Dec 20, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1997

  • Jul 17, 1997

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

Show More

Tax History for 5229 E Ocean Blvd

Assessed Value (2020): $745,210
Year Land Value Improved Value Assessed Value
2020 $515,765 $229,445 $745,210

Home Value Compared to the Market

This property vs the competition

5229 E Ocean Blvd sold on April 1, 2021 for 70.94% 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 $741.13 per/sqft which puts the price per square foot 18.01% higher than the current median sale per square foot for the city of Long Beach.

About 5229 E Ocean Blvd

Detailed summary of property

5229 E Ocean Blvd is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,889 living square feet, and sits on an approximately 2,699 square foot lot. 5229 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $1,400,000. 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 70.94% higher than the current median priced home. Local homes that are currently for sale include 2311 E 6th St, 1817 E 3rd St and 528 Cherry Ave. 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 5229 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 5229 E Ocean Blvd

Public county record property details
Beds
4
Baths
2
Year built
1927
Sq. Ft.
1,889
Lot Size
2,699
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
7247-024-023

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%)

Thinking of Selling?

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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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