5491 Olive Ave, Long Beach, CA 90805
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5491 Olive Ave Long Beach, CA 90805

$620,000 Sold Price as of 08/27/2021
  • 2 Beds
  • 1 Baths
  • 885 Sq.Ft.
Sold
$620,000 Sold Price as of 08/27/2021 Refinance Your Mortgage

Map preview of 5491 Olive Ave, Long Beach, CA 90805

Property Overview: 5491 Olive Ave Long Beach, CA has 2 bedrooms, 1 bathrooms, 885 living square feet and 5,721 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Cozy California Craftsman Bungalow style home filled with lots of charm. The home features hardwood floors, a claw footed bathtub, a high efficiency cooling and heating system, copper plumbing, a tankless water heater, and a long driveway that can fit a RV. The backyard has a huge shaded deck next to a built in bar area. Great place for hosting and entertaining. It also has a bonus studio room with its own bathroom that is currently rented $800/mo. Perfect starter home with plenty of potential.

Listed by Reta Heng | BRE #01386848 | Realty One Group Diamond
Last checked: 8 minutes ago | Last updated: October 13th, 2021 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,721
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW21160865
City
Long Beach
County
Los Angeles
Time on Site
1156 days

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Property Details for 5491 Olive Ave

Interior Features
Cooling Information
  • Has Cooling
  • High Efficiency
Heating Information
  • Has Heating
  • Wall Furnace, High Efficiency
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Nook, In Kitchen
  • Flooring: Laminate, Wood
  • All Bedrooms Down, Kitchen, Living Room, See Remarks
Kitchen Information
  • Has Appliances
  • Gas Range, Tankless Water Heater, Trash Compactor, Vented Exhaust Fan
  • Laminate Counters
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Laminate Counters, Recessed Lighting
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Porch, Wood
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Parking Features: Driveway, Street
  • No Attached Garage
Lot Information
  • Lot Features: Front Yard, Garden, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 7127019016
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is not Attached
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Middle/Junior High School: Lindbergh
  • Middle/Junior High School: LINDBE
  • High School: Jordan
  • High School: JORDAN
  • High School District: Long Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Market/Olive
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 5491 Olive Ave

Last sold for $620,000 on August 27th, 2021
  • August, 2021

  • Aug 27, 2021

    Date

    Sold

    CRMLS: PW21160865

    $620,000

    Price

  • Jul 30, 2021

    Date

    Active Under Contract

    CRMLS: PW21160865

    $599,900

    Price

  • Jul 27, 2021

    Date

    Price Change

    CRMLS: PW21160865

    $599,900

    Price

  • Jul 23, 2021

    Date

    Active

    CRMLS: PW21160865

    $529,900

    Price

  • May, 2012

  • May 17, 2012

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

  • June, 2007

  • Jun 28, 2007

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

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Tax History for 5491 Olive Ave

Assessed Value (2020): $258,408
Year Land Value Improved Value Assessed Value
2020 $170,320 $88,088 $258,408

Home Value Compared to the Market

This property vs the competition

5491 Olive Ave sold on August 27, 2021 for 26.75% 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 $677.85 per/sqft which puts the price per square foot 7.94% higher than the current median sale per square foot for the city of Long Beach.

About 5491 Olive Ave

Detailed summary of property

5491 Olive Ave is a single family home that recently sold in Long Beach, CA 90805. This house offered 2 bedrooms, 1 bathrooms, roughly 885 living square feet, and sits on an approximately 5,721 square foot lot. 5491 Olive Ave was first listed on ArdentRealEstateGroup.com on July 23, 2021. The homeowner sold the property for $620,000. 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 26.75% lower than the current median priced home. Local homes that are currently for sale include 1903 E 59th St, 1909 E 59th St and 6518 Cerritos Ave. While the average home in Long Beach, CA is selling in 62 days, 5491 Olive Ave has a days on market of 4 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 5491 Olive 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 5491 Olive Ave

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
885
Lot Size
5,721
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
7127-019-016

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
$690,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
97
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.