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5421 Cerritos Ave, Long Beach, CA 90805
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5421 Cerritos Ave Long Beach, CA 90805

$659,000 Sold Price as of 05/11/2021
  • 4 Beds
  • 2 Baths
  • 1,766 Sq.Ft.
Sold
$659,000 Sold Price as of 05/11/2021 Refinance Your Mortgage
Map preview of 5421 Cerritos Ave, Long Beach, CA 90805

Property Overview: 5421 Cerritos Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,766 living square feet and 4,559 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the most Amazing Opportunity yet at 5421 and 5419 Cerritos Ave! Recent rehab and beautiful interior touches to this legal Duplex which features 3bd/1ba in the front, and a 1bd/1ba in the back. With private patios for both units and a front yard, plenty of privacy and entertaining space is provided for any family, or person calling this home. All plumbing re-done, with a newer roof. Other great features include a fireplace, and vinyl flooring throughout the entire front unit and into the upgraded bathroom, and bedrooms. Both units well maintained and in superb condition. Exterior features a white picket fence, along with alley access leading to 2 one-car garages. Each unit has Separate Gas and Electrical Meters, Ceiling Fans, and wall heater... And as if those were not great enough... On-Site Parking and Additional On-Street Parking! This is the greatest investment awaiting its new owner!

Listed by Tiffani Herron | BRE #02075857 | Ambiance Realty
Co-listed by MAYRA RODRIGUEZ | BRE #02098201 | AMBIANCE REALTY
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
4,559
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW21040830
City
Long Beach
County
Los Angeles
Time on Site
1271 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: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $920
  • Total Rent: $920
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $37,440
  • Net Operating Income: $22,830
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,487
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,388
  • Trash: $900
  • Gardener: $900
  • Insurance: $883
  • Maintenance: $1,816
  • Water/Sewer: $600

Property Details for 5421 Cerritos Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • All Bedrooms Down
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition
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, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7128003013
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 710 Freeway South, and East of Market St; main cross streets are Market St. and Orange Ave.
Neighborhood Information
  • Community Features: Park, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 5421 Cerritos Ave

Last sold for $659,000 on May 11th, 2021

  • May, 2021

  • May 11, 2021

    Date

    Sold

    CRMLS: DW21040830

    $659,000

    Price

  • Apr 22, 2021

    Date

    Pending

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 29, 2021

    Date

    Active Under Contract

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 28, 2021

    Date

    Active

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 27, 2021

    Date

    Hold

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 26, 2021

    Date

    Hold

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 7, 2021

    Date

    Active

    CRMLS: DW21040830

    $649,000

    Price

  • Mar 5, 2021

    Date

    Active Under Contract

    CRMLS: DW21040830

    $649,000

    Price

  • Feb 28, 2021

    Date

    Coming Soon

    CRMLS: DW21040830

    $649,000

    Price

  • February, 2021

  • Feb 24, 2021

    Date

    Canceled

    CRMLS: SB21034525

    $699,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: SB21034525

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Spacious 3 bedroom front house and 1 bedroom back house. Separate Addresses. Rents are low. Front house has fireplace and redone vinyl flooring. Each unit has its own private yard. Each unit has one garage space. Beautiful tree lined street. This is a legal duplex according to City of Long Beach. Buyers to confirm. Each tenant pays their own gas and Electric.

  • May, 2003

  • May 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $228,000

    Price

  • April, 2002

  • Apr 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $165,000

    Price

Show More

Tax History for 5421 Cerritos Ave

Assessed Value (2020): $301,927
Year Land Value Improved Value Assessed Value
2020 $206,187 $95,740 $301,927

Home Value Compared to the Market

This property vs the competition

5421 Cerritos Ave sold on May 11, 2021 for 20.76% 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 $367.5 per/sqft which puts the price per square foot 41.48% lower than the current median sale per square foot for the city of Long Beach.

About 5421 Cerritos Ave

Detailed summary of property

5421 Cerritos Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,766 living square feet, and sits on an approximately 4,559 square foot lot. 5421 Cerritos Ave was first listed on ArdentRealEstateGroup.com on March 28, 2021. The homeowner sold the property for $659,000. 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 20.76% lower than the current median priced home. Local homes that are currently for sale include 9614 Graham Ave, 829 E Century Blvd and 1643 E 87th Pl. While the average home in Long Beach, CA is selling in 62 days, 5421 Cerritos Ave has a days on market of 17 days. 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 5421 Cerritos 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 5421 Cerritos Ave

Public county record property details
Beds
2
Baths
3
Year built
1948
Sq. Ft.
1,766
Lot Size
4,559
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
7128-003-013

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
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
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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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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