5245 E Carson St, Long Beach, CA 90808
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5245 E Carson St Long Beach, CA 90808

$1,250,000 Sold Price as of 04/16/2020
  • 6 Beds
  • 4 Baths
  • 3,561 Sq.Ft.
Sold
$1,250,000 Sold Price as of 04/16/2020 Refinance Your Mortgage

Map preview of 5245 E Carson St, Long Beach, CA 90808

Property Overview: 5245 E Carson St Long Beach, CA has 6 bedrooms, 4 bathrooms, 3,561 living square feet and 7,919 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This lovely 4-unit building is located in Lakewood Village, where units rarely go on the market. The property offers 2-2bd & 2-1bd spacious units with a duplex feeling. All units have front & back doors for easy access to laundry and 4 single car garages. Units have hardwood floors, dual pane windows, porches, and are separately metered. Grounds are well maintained, with auto sprinklers. The property overlooks Heartwell Park which offers, walking/jogging/biking trails/fitness course, duck pond and community library. Nearby shops/stores/restaurants and just minutes from CSULB and walking distance to LB City College. The property owners have not increased a single rent in more than 13 years. This was done to keep good quality tenants. A great opportunity for an investor and/or owner-user, living in beautiful Lakewood Village. Welcome Home!

Listed by Toni Joseph | BRE #00595738 | Keller Williams Pacific Estate
Co-listed by Marie Goodloe | BRE #01160799 | Keller Williams Pacific Estate
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,919
HOA Dues
$0/mo
Year built
1946
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW20033885
City
Long Beach
County
Los Angeles
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,522
  • Net Operating Income: $52,373
  • Gross Operating Income: --
  • Laundry Income: $582
  • Laundry Own/Lease: Lease
  • Other Income Description: 0
Annual Expense Breakdown
  • Total Operating Expense: $14,896
  • Licenses: $580
  • New Taxes: $15,600
  • Trash: $0
  • Gardener: $1,450
  • Insurance: $1,551
  • Maintenance: $3,050
  • Professional Management: $6,160
  • Water/Sewer: $1,275
  • Other Expenses: $590
  • Other Expense Description: Repairs

Property Details for 5245 E Carson St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
  • Window Features: Bay Window(s), Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Parking Features: Assigned, Garage, Garage Faces Rear, Street
Lot Information
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7183014025
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Lakewood Village (LKVL)
  • Directions: Between Clark & Bellflower on Carson St.
Neighborhood Information
  • Community Features: Biking, Dog Park, Park, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 5245 E Carson St

Last sold for $1,250,000 on April 16th, 2020
  • April, 2020

  • Apr 16, 2020

    Date

    Sold

    CRMLS: PW20033885

    $1,250,000

    Price

  • Apr 2, 2020

    Date

    Pending

    CRMLS: PW20033885

    $1,295,000

    Price

  • Mar 10, 2020

    Date

    Active Under Contract

    CRMLS: PW20033885

    $1,295,000

    Price

  • Feb 17, 2020

    Date

    Active

    CRMLS: PW20033885

    $1,295,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

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Tax History for 5245 E Carson St

Assessed Value (2020): $117,194
Year Land Value Improved Value Assessed Value
2020 $31,361 $85,833 $117,194

Home Value Compared to the Market

This property vs the competition

5245 E Carson St sold on April 16, 2020 for 61.88% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $363.66 per/sqft which puts the price per square foot 42.46% lower than the current median sale per square foot for the city of Long Beach.

About 5245 E Carson St

Detailed summary of property

5245 E Carson St is a fourplex that recently sold in Long Beach, CA 90808. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,561 living square feet, and sits on an approximately 7,919 square foot lot. 5245 E Carson St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,250,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 61.88% higher than the current median priced home. Local homes that are currently for sale include 309 E Louise St, 1015 Dawson Ave and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 5245 E Carson St has a days on market of 12 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 5245 E Carson St Long Beach, CA 90808 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5245 E Carson St

Public county record property details
Beds
6
Baths
4
Year built
1946
Sq. Ft.
3,561
Lot Size
7,919
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
7183-014-025

The source for these homes facts are from public records.

90808 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$692
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$673
Total Inventory
64
Median Sale to List Price %
97.44%
Avg Days on Market
17
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (25%), Other (18.75%)

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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.