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5526 Dairy Ave, Long Beach, CA 90805
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5526 Dairy Ave Long Beach, CA 90805

$950,000 Sold Price as of 08/04/2023
  • 8 Beds
  • 4 Baths
  • 3,376 Sq.Ft.
Sold
$950,000 Sold Price as of 08/04/2023 Refinance Your Mortgage
Map preview of 5526 Dairy Ave, Long Beach, CA 90805

Property Overview: 5526 Dairy Ave Long Beach, CA has 8 bedrooms, 4 bathrooms, 3,376 living square feet and 5,474 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Long Beach, a prime rental area offering an amazing investment opportunity. This property features 4 units: All units have similar floor plans which is a spacious living, dining area and kitchen, with 2 good sized bedrooms and 1 bath. The property includes four one-car garages, and a currently not utilized laundry/utility room. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!

Listed by Marjorie Bracken | BRE #02103677 | T.N.G. Real Estate Consultants
Last checked: 14 minutes ago | Last updated: August 7th, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,474
HOA Dues
$0/mo
Year built
1986
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23093964
City
Long Beach
County
Los Angeles
Time on Site
336 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,400
  • Net Operating Income: $51,076
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,325
  • Gas/Fuel: $840
  • Trash: $1,380
  • Gardener: $1,200
  • Insurance: $1,800
  • Maintenance: $2,000
  • Water/Sewer: $1,680
  • Other Expenses: $5,424
  • Other Expense Description: Prop Tax

Property Details for 5526 Dairy Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7126024003
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
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
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: E of Long Beach Blvd., N or Del Amo Blvd.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 5526 Dairy Ave

Last sold for $950,000 on August 4th, 2023

  • August, 2023

  • Aug 4, 2023

    Date

    Sold

    CRMLS: PW23093964

    $950,000

    Price

  • May 29, 2023

    Date

    Active

    CRMLS: PW23093964

    $1,100,000

    Price

  • November, 1993

  • Nov 5, 1993

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

Show More

Tax History for 5526 Dairy Ave

Assessed Value (2020): $372,977
Year Land Value Improved Value Assessed Value
2020 $108,781 $264,196 $372,977

Home Value Compared to the Market

This property vs the competition

5526 Dairy Ave sold on August 4, 2023 for 37.5% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $325.83 per/sqft which puts the price per square foot 48.44% lower than the current median sale per square foot for the city of Long Beach.

About 5526 Dairy Ave

Detailed summary of property

5526 Dairy Ave is a fourplex that recently sold in Long Beach, CA 90805. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,376 living square feet, and sits on an approximately 5,474 square foot lot. 5526 Dairy Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $950,000. Home 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 37.5% higher than the current median priced home. Local homes that are currently for sale include 2100 Pine Ave, 2000 Pacific Ave and 1890 E 20th St. While the average home in Long Beach, CA is selling in 53 days, 5526 Dairy Ave has a days on market of 15 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 5526 Dairy 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 5526 Dairy Ave

Public county record property details
Beds
8
Baths
4
Year built
1986
Sq. Ft.
3,376
Lot Size
5,473
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
7126-024-003

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
$679,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
64
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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