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5530 Chestnut Ave, Long Beach, CA 90805
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5530 Chestnut Ave Long Beach, CA 90805

$642,500 Sold Price as of 11/27/2019
  • 4 Beds
  • 2 Baths
  • 1,760 Sq.Ft.
Sold
$642,500 Sold Price as of 11/27/2019 Refinance Your Mortgage
Map preview of 5530 Chestnut Ave, Long Beach, CA 90805

Property Overview: 5530 Chestnut Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,760 living square feet and 5,862 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income property in a corner! Both homes are facing a different street. One is 5530 Chestnut Ave and the other is 100 E Ellis St. The total living area is 1760 sqft plus one car garage with a driveway for each. Both units have two big size bedrooms, one full bathroom, kitchen with dinning space, inside laundry room, new dual panel windows, copper piping, front garden with springlers and fruit trees for your enjoyment, back yard with two palm trees. In addition, the Chestnut unit has a family room that can be used as a room and RV parking by the alley. Own this wonderful property and make it shine! The location is just a few minutes from Lakewood mall and easy access to 710 and 405 freeways. You must see!!

Listed by Graciela Rodriguez | BRE #01872138 | G & V Options & Solutions Inc
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,862
HOA Dues
$0/mo
Year built
1953
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
DW19218353
City
Long Beach
County
Los Angeles
Time on Site
1396 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $13,200
  • Net Operating Income: $13,200
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $650
  • Water/Sewer: $0

Property Details for 5530 Chestnut Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Tile, Wood
  • All Bedrooms Down, Converted Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full
  • Levels: One
  • Door Features: Storm Door(s)
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Rain Gutters
  • Has Fence
  • Good Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Detached Carport, Garage, Garage - Single Door, On Site, RV Gated
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Garden, Sprinkler System, Sprinklers In Front, Sprinklers Manual, Sprinklers Timer
  • Lot Size Source: Assessor
Property Information
  • View: Neighborhood, None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7126025001
  • Year Built Source: Assessor
  • Architectural Style: Modern, Ranch
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Long beach Boulevard and 100 E Ellis ST or Diary Ave with E 56th st and turn right to Chestnut
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 5530 Chestnut Ave

Last leased for $2,580 on February 7th, 2021

  • February, 2021

  • Feb 8, 2021

    Date

    Leased

    CRMLS: AR20252654

    $2,580

    Price

  • Feb 4, 2021

    Date

    Hold

    CRMLS: AR20252654

    $2,580

    Price

  • Dec 7, 2020

    Date

    Active

    CRMLS: AR20252654

    $2,580

    Price

  • Listing provided courtesy of CRMLS

    Duplex with bigger size of front and back yard then suite A. New paint, new kitchen, wood floors throughout, inside laundry area, one attached car garage and two more parking spaces on the back, easy access to 710 and 405 freeways. No smoking allowed, pets may consider and tenant's insurance required.

  • November, 2019

  • Nov 28, 2019

    Date

    Sold

    CRMLS: DW19218353

    $642,500

    Price

  • Oct 9, 2019

    Date

    Active Under Contract

    CRMLS: DW19218353

    $650,000

    Price

  • Sep 14, 2019

    Date

    Active

    CRMLS: DW19218353

    $650,000

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $642,500

    Price

  • September, 2019

  • Sep 10, 2019

    Date

    Canceled

    CRMLS: DW19202105

    $580,000

    Price

  • Aug 23, 2019

    Date

    Active

    CRMLS: DW19202105

    $580,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for an investment property? This is the one! Great duplex for selling in a corner! Two comfortable homes, facing a street. One is at Chestnut and the other is facing E Ellis ST. Both have 2 bedrooms, one full bathroom, laundry room, independent parking for each one, and front yard with fruit trees and two palms tree at the back. Double panel windows, springlers, and It is near to every where in Long Beach and with easy access to 105 and 710 freeway. You should visit it!

  • May, 2019

  • May 1, 2019

    Date

    Expired

    CRMLS: DW18120540

    $365,000

    Price

  • Jun 22, 2018

    Date

    Withdrawn

    CRMLS: DW18120540

    $365,000

    Price

  • May 24, 2018

    Date

    Hold

    CRMLS: DW18120540

    $365,000

    Price

  • May 22, 2018

    Date

    Active

    CRMLS: DW18120540

    $365,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity, Definite Fixer Upper, Needs a lot of repairs.

  • September, 2006

  • Sep 15, 2006

    Date

    Sold (Public Records)

    Public Records

    $568,000

    Price

Show More

Tax History for 5530 Chestnut Ave

Assessed Value (2020): $642,500
Year Land Value Improved Value Assessed Value
2020 $300,000 $342,500 $642,500

Home Value Compared to the Market

This property vs the competition

5530 Chestnut Ave sold on November 27, 2019 for 18.75% lower 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 $369.32 per/sqft which puts the price per square foot 41.56% lower than the current median sale per square foot for the city of Long Beach.

About 5530 Chestnut Ave

Detailed summary of property

5530 Chestnut Ave is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,760 living square feet, and sits on an approximately 5,862 square foot lot. 5530 Chestnut Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $642,500. 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 18.75% lower than the current median priced home. Local homes that are currently for sale include 1503 E 109th St, 752 E Lanzit Ave and 210 E 120th St. While the average home in Long Beach, CA is selling in 51 days, 5530 Chestnut Ave has a days on market of 26 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 5530 Chestnut 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 5530 Chestnut Ave

Public county record property details
Beds
4
Baths
2
Year built
1953
Sq. Ft.
1,760
Lot Size
5,862
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7126-025-001

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
$699,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
63
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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(714) 706-1823

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Recently Sold Homes Near 5530 Chestnut Ave

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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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