5340 Pacific Ave, Long Beach, CA 90805
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5340 Pacific Ave Long Beach, CA 90805

$850,000 Sold Price as of 03/01/2022
  • 4 Beds
  • 4 Baths
  • 2,582 Sq.Ft.
Sold
$850,000 Sold Price as of 03/01/2022 Refinance Your Mortgage

Map preview of 5340 Pacific Ave, Long Beach, CA 90805

Property Overview: 5340 Pacific Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,582 living square feet and 6,017 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a corner lot. Corner of Pacific Ave and W. Plymouth. 5340 Pacific is a 2 bedroom 1 Bath SFH. with it's own double car garage and laundry Room. The Triplex Bordering Plymouth consists of: 94 W. Plymouth is a 1 Bedroom 1 Bathroom. Newer kitchen and bath floors, and carpet, 94 A W. Plymouth is an Upstairs studio. 96 W. Plymouth is a 1 bedroom 1 bath. Parking for these units is on the street. Each unit has a wall heater and it's own water heater.

Listed by Mike Poff | BRE #00893555 | Norwalk Realty
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 197

Home details

Lot Sq. Ft
6,017
HOA Dues
$0/mo
Year built
1918
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21101183
City
Long Beach
County
Los Angeles
Time on Site
1233 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $42,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,875
  • Trash: $2,000
  • Insurance: $0
  • Water/Sewer: $2,000

Property Details for 5340 Pacific Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage Door Opener, Workshop in Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7132011001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: West of Long Beach Blvd / North Of Del Amo
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 5340 Pacific Ave

Last sold for $850,000 on March 1st, 2022
  • March, 2022

  • Mar 1, 2022

    Date

    Sold

    CRMLS: PW21101183

    $850,000

    Price

  • Dec 6, 2021

    Date

    Pending

    CRMLS: PW21101183

    $895,000

    Price

  • Oct 15, 2021

    Date

    Active

    CRMLS: PW21101183

    $895,000

    Price

  • Aug 16, 2021

    Date

    Price Change

    CRMLS: PW21101183

    $895,000

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: PW21101183

    $950,000

    Price

  • Aug 5, 2021

    Date

    Pending

    CRMLS: PW21101183

    $950,000

    Price

  • May 12, 2021

    Date

    Active

    CRMLS: PW21101183

    $950,000

    Price

Tax History for 5340 Pacific Ave

Assessed Value (2020): $175,484
Year Land Value Improved Value Assessed Value
2020 $110,434 $65,050 $175,484

Home Value Compared to the Market

This property vs the competition

5340 Pacific Ave sold on March 1, 2022 for 9.28% 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 $346.63 per/sqft which puts the price per square foot 44.8% lower than the current median sale per square foot for the city of Long Beach.

About 5340 Pacific Ave

Detailed summary of property

5340 Pacific Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,582 living square feet, and sits on an approximately 6,017 square foot lot. 5340 Pacific Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $850,000. 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 9.28% higher than the current median priced home. Local homes that are currently for sale include 1348 E Wesley Dr, 402 E 16th St and 1125 E 17th St. While the average home in Long Beach, CA is selling in 65 days, 5340 Pacific Ave has a days on market of 197 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 5340 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 5340 Pacific Ave

Public county record property details
Beds
3
Baths
3
Year built
1918
Sq. Ft.
2,582
Lot Size
6,017
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7132-011-001

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%)

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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.