5432 E Sorrento Dr Long Beach, CA 90803

$1,090,000 Sold Price as of 04/17/2019

4 Beds
4 Baths
1,372 Sq.Ft.

Off Market

$1,090,000 Sold Price as of 04/17/2019 Refinance Your Mortgage

Map preview of 5432 E Sorrento Dr, Long Beach, CA 90803

Property Overview: 5432 E Sorrento Dr Long Beach, CA has 4 bedrooms, 4 bathrooms, 1,372 living square feet and 2,544 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5432 E Sorrento Dr is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $799,000. The median price per/sqft for Long Beach is $643. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5432 E Sorrento Dr

Last sold for $1,090,000 on April 17th, 2019

July, 2020
Jul 31, 2020

Date

Expired

CRMLS: SB20113792

$1,899,000

Price
Jun 15, 2020

Date

Active

CRMLS: SB20113792

$1,899,000

Price
Listing provided courtesy of CRMLS

Meticulously renovated 4-Unit property on Naples Island, Long Beach. Renovation includes the following upgrades: Earthquake Retrofit, New Plumbing/Electrical, New HVAC/Appliances, Washer/Dryer On-Site, Ring Video Surveillance. Welcome to Naples Island (Belmont Shores) Long Beach, CA. The building is comprised of four modern studio apartments in one of the best neighborhoods in Southern CA. The property is a one minute walk to the Naples Canal, 2nd Street, and Belmont Shore. A two minute walk to Alamitos Bay, a five minute walk to the beach/strand.

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April, 2019
Apr 17, 2019

Date

Sold (Public Records)

Public Records

$1,090,000

Price
October, 2018
Oct 12, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5432 E Sorrento Dr

Assessed Value (2020): $1,112,140

Year	Land Value	Improved Value	Assessed Value
2020	$816,000	$296,140	$1,112,140

About 5432 E Sorrento Dr

Detailed summary of property

5432 E Sorrento Dr is categorized with a use code of Quadruplex (4 Units, Any Combination) in Long Beach, CA 90803 and last sold on April 17, 2019 for $1,090,000. This property has 4 bedrooms, 4 bathrooms, roughly 1,372 living square feet, and sits on an approximately 2,544 square foot lot. Homes 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 36.25% higher than the current median priced home. 5432 E Sorrento Dr was last sold on April 17, 2019 for $1,090,000. Local nearby listings include 129 Santa Ana Ave, 229 La Verne Ave and 14 Corinthian Walk. The average home in Long Beach, CA is selling in 51 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. If you are the homeowner and looking to sell the home at 5432 E Sorrento Dr Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5432 E Sorrento Dr

Public county record property details

Beds: 4
Baths: 4
Year built: 1951
Sq. Ft.: 1,372
Lot Size: 2,544
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 7244-002-035

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,589,000

Median List Price/Sq.Ft.

$858

Median Sold Price

$1,600,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

114

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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(714) 706-1823

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