5434 Lemon Ave, Long Beach, CA 90805
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5434 Lemon Ave Long Beach, CA 90805

$775,000 Sold Price as of 09/30/2022
  • 3 Beds
  • 2 Baths
  • 1,396 Sq.Ft.
Sold
$775,000 Sold Price as of 09/30/2022 Refinance Your Mortgage

Map preview of 5434 Lemon Ave, Long Beach, CA 90805

Property Overview: 5434 Lemon Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,396 living square feet and 4,319 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two Homes on One Lot! Front Home is a two bedroom, one bathroom. Rear Home is a one bedroom, one bathroom with an attached garage. There's also a separate bonus room in the rear yard. Both Homes have been recently renovated throughout. Live in one and rent the other.

Listed by Benito Chavez | BRE #01805872 | Berkshire Hathaway Home Srvs
Last checked: 9 minutes ago | Last updated: September 30th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
4,319
HOA Dues
$0/mo
Year built
1946
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
DW22181899
City
Long Beach
County
Los Angeles
Time on Site
764 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,800
  • Net Operating Income: $30,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5434 Lemon Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7128003017
  • 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. west, Right onto Lemon Ave
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 5434 Lemon Ave

Last sold for $775,000 on September 30th, 2022
  • September, 2022

  • Sep 30, 2022

    Date

    Sold

    CRMLS: DW22181899

    $775,000

    Price

  • Aug 17, 2022

    Date

    Active

    CRMLS: DW22181899

    $749,999

    Price

  • August, 2011

  • Aug 19, 2011

    Date

    Sold (Public Records)

    Public Records

    $315,500

    Price

  • March, 2011

  • Mar 10, 2011

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

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Tax History for 5434 Lemon Ave

Assessed Value (2020): $361,886
Year Land Value Improved Value Assessed Value
2020 $206,727 $155,159 $361,886

Home Value Compared to the Market

This property vs the competition

5434 Lemon Ave sold on September 30, 2022 for 8.43% 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 $537.25 per/sqft which puts the price per square foot 14.45% lower than the current median sale per square foot for the city of Long Beach.

About 5434 Lemon Ave

Detailed summary of property

5434 Lemon Ave is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,396 living square feet, and sits on an approximately 4,319 square foot lot. 5434 Lemon Ave was first listed on ArdentRealEstateGroup.com on August 17, 2022. 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 8.43% lower than the current median priced home. Local homes that are currently for sale include 321 E 9th St, 727 Martin Luther King Jr Ave and 702 Cedar Ave. While the average home in Long Beach, CA is selling in 62 days, 5434 Lemon Ave has a days on market of 10 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 5434 Lemon 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 5434 Lemon Ave

Public county record property details
Beds
3
Baths
2
Year built
1946
Sq. Ft.
1,396
Lot Size
4,319
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
7128-003-017

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%)

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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.