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5275 Pacific Ave, Long Beach, CA 90805
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5275 Pacific Ave Long Beach, CA 90805

$775,000 Sold Price as of 03/19/2024
  • 4 Beds
  • 2 Baths
  • 1,784 Sq.Ft.
Sold
$775,000 Sold Price as of 03/19/2024 Refinance Your Mortgage
Map preview of 5275 Pacific Ave, Long Beach, CA 90805

Property Overview: 5275 Pacific Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,784 living square feet and 7,568 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pleased to present 5275 & 5277 Pacific Avenue, a charming duplex consisting of (2) detached, single-story 2-Bedroom/1-Bathroom homes. Nestled in a quiet, residential neighborhood, residents are within walking distance of Dooley Elementary School and Perry Lindsey Middle School, and are just half a mile from the 710 Freeway. Additionally, there are abundant employment opportunities within a few miles, including Long Beach Airport, Del Amo Plaza, and Lakewood Center.

Listed by Damien Breaux | BRE #01460301 | Morgan Skenderian
Co-listed by Jay Skenderian | BRE #01220368 | Morgan Skenderian
Last checked: 9 minutes ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
7,568
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW24007491
City
Long Beach
County
Los Angeles
Time on Site
259 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: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,100
  • Net Operating Income: $24,316
  • Gross Operating Income: $42,777
  • Vacancy Allowance: $1,323
Annual Expense Breakdown
  • Total Operating Expense: $18,460
  • Electric: $414
  • Gas/Fuel: $414
  • Trash: $414
  • Gardener: $720
  • Insurance: $2,404
  • Maintenance: $2,994
  • Water/Sewer: $414
  • Other Expenses: $500
  • Other Expense Description: misc

Property Details for 5275 Pacific Ave

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Gas Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7132013002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: North of Del Amo Blvd and West of Long Beach Blvd
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 5275 Pacific Ave

Last sold for $775,000 on March 19th, 2024

  • March, 2024

  • Mar 19, 2024

    Date

    Sold

    CRMLS: PW24007491

    $775,000

    Price

  • Jan 12, 2024

    Date

    Active

    CRMLS: PW24007491

    $775,000

    Price

Tax History for 5275 Pacific Ave

Assessed Value (2020): $328,007
Year Land Value Improved Value Assessed Value
2020 $126,153 $201,854 $328,007

Home Value Compared to the Market

This property vs the competition

5275 Pacific Ave sold on March 19, 2024 for 5.37% 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 $434.42 per/sqft which puts the price per square foot 30.83% lower than the current median sale per square foot for the city of Long Beach.

About 5275 Pacific Ave

Detailed summary of property

5275 Pacific Ave is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,784 living square feet, and sits on an approximately 7,568 square foot lot. 5275 Pacific Ave was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner sold the property for $775,000. 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 5.37% lower than the current median priced home. Local homes that are currently for sale include 702 Cedar Ave, 727 Martin Luther King Jr Ave and 1022 Raymond Ave. While the average home in Long Beach, CA is selling in 65 days, 5275 Pacific Ave has a days on market of 24 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 5275 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 5275 Pacific Ave

Public county record property details
Beds
5
Baths
3
Year built
1925
Sq. Ft.
1,784
Lot Size
7,567
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
7132-013-002

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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