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5366 Pine Ave Long Beach, CA 90805

$690,000 Sold Price as of 06/10/2022

4 Beds
2 Baths
1,869 Sq.Ft.

Sold

$690,000 Sold Price as of 06/10/2022 Refinance Your Mortgage

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Map preview of 5366 Pine Ave, Long Beach, CA 90805

Property Overview: 5366 Pine Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,869 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to North Long Beach. Two Separate Homes on a large lot with plenty of parking. The Front House needs TLC, which would appeal to investors to put their personal touch in it. The Back House is about 80% remodeled. This property also has two separate Water Meters, and two garage spaces.

Listed by Luis Hernandez | BRE #01702834 | Century 21 A Better Service

Last checked: 8 minutes ago | Last updated: March 28th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft: 5,000
HOA Dues: $0/mo
Year built: 1961
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: DW22049249
City: Long Beach
County: Los Angeles
Time on Site: 766 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: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,200

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,200

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 5366 Pine Ave

Interior Features

Laundry Information

No Laundry
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

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 7131003018
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: North Long Beach (NLB)
Directions: Market St / Long Beach Blvd.

Neighborhood Information

Community Features: Urban

View more facts & features

Local Long Beach Agent

Sale History for 5366 Pine Ave

Last sold for $690,000 on June 10th, 2022

March, 2024
Mar 28, 2024

Date

Canceled

CRMLS: SB23160153

$1,195,000

Price
Aug 31, 2023

Date

Active

CRMLS: SB23160153

$1,256,000

Price
Listing provided courtesy of CRMLS

Whether you're an owner-occupant or an investor, this triplex presents a compelling opportunity. For an owner, the property offers the potential to live in one unit while generating rental income from the other 2. For an investor, the modern updates, sought-after amenities, and prime location make this triplex a promising addition to a real estate portfolio. The property consists of 3 meticulously remodeled units to reflect a modern and comfortable living experience with two 2-bedroom, 1-bathroom units and one 3-bedroom, 1.5-bathroom unit all with updated appliances, washer/dryer in units, and a modern aesthetic. The kitchens are the heart of these units with modern cabinetry, sleek countertops, and a suite of updated appliances that elevate both style and functionality. One of the standout features of this triplex is the convenience of gated parking. The secure parking area not only provides residents with peace of mind but also adds a layer of privacy. With its excellent income potential and combination of features, this property stands as a remarkable investment opportunity in a sought-after location.

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June, 2023
Jun 2, 2023

Date

Expired

CRMLS: SB23014907

$1,400,000

Price
Jan 27, 2023

Date

Active

CRMLS: SB23014907

$1,800,000

Price
Listing provided courtesy of CRMLS

Welcome to this prestigious luxury 3 units, adjacent to Bixby Knolls. The front unit has 3 bedrooms/2 baths. The second unit is ground level and has 2 bedrooms/1 bath. The third unit is on the top level and has two bedrooms/1 bath. All units have zoned AC & Heating. Very high quality hand picked materials by a savvy builder. Each unit has been custom made with laminate flooring, quartz countertops, new electrical system, new plumbing and new appliances included. parking for up to 7 cars. Lots of natural lighting in each unit. Each unit has its own laundry inside and tankless water heater.

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March, 2022
Mar 11, 2022

Date

Active

CRMLS: DW22049249

$730,000

Price
February, 2013
Feb 15, 2013

Date

Sold (Public Records)

Public Records

$223,000

Price

Tax History for 5366 Pine Ave

Assessed Value (2020): $251,088

Year	Land Value	Improved Value	Assessed Value
2020	$138,492	$112,596	$251,088

Home Value Compared to the Market

This property vs the competition

5366 Pine Ave sold on June 10, 2022 for 3.95% lower than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $390.58 per/sqft which puts the price per square foot 38.3% lower than the current median sale per square foot for the city of Long Beach.

About 5366 Pine Ave

Detailed summary of property

5366 Pine Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,869 living square feet, and sits on an approximately 5,000 square foot lot. 5366 Pine Ave was first listed on ArdentRealEstateGroup.com on March 11, 2022. The homeowner sold the property for $690,000. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 3.95% lower than the current median priced home. Local homes that are currently for sale include 10963 Wilmington Ave, 2015 E 105th St and 1503 E 109th St. While the average home in Long Beach, CA is selling in 57 days, 5366 Pine Ave has a days on market of 25 days. There are currently 534 homes for sale in the Long Beach real estate market and 300 of them are single family homes while 219 of them are condos and 15 are townhomes. For more information on this home for sale at 5366 Pine 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 5366 Pine Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1961
Sq. Ft.: 1,869
Lot Size: 4,999
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 310-313
APN: 7131-003-018

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

$689,990

Median List Price/Sq.Ft.

$518

Median Sold Price

$680,000

Median Sold Price/Sq.Ft.

$605

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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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.