5586 E Ocean Blvd, Long Beach, CA 90803
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5586 E Ocean Blvd Long Beach, CA 90803

$1,290,000 Sold Price as of 05/04/2020
  • 4 Beds
  • 3 Baths
  • 2,022 Sq.Ft.
Sold
$1,290,000 Sold Price as of 05/04/2020 Refinance Your Mortgage

Map preview of 5586 E Ocean Blvd, Long Beach, CA 90803

Property Overview: 5586 E Ocean Blvd Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,022 living square feet and 2,166 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A FABULOUS OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! SPACIOUS 2 STORY DUPLEX ON THE PENINSULA. Prestigiously set between colorful Alamitos Bay, beaches & the ocean. Only minutes from Belmont Shore,Naples Island,marinas, outstanding schools & nearby freeways..yet in a world all its own.. of casual ease and beachfront charm.. The front patio leads you to the first floor 2 bedroom 1 bath unit with a private backyard & stackable laundry.The upstairs 2 bedroom 2 bath unit is nothing short of dazzling. Recently renovated this light filled home boasts an inviting open floor plan with whitewashed exposed beams skirted by beautiful hardwood flooring. The living space showcases a Swedish fireplace with custom stone treatment. Natural light floods in through sliding doors with access to a relaxing terrace. The dining area features an entertaining eat-in bar & opens to the kitchen. The custom kitchen with new appliances, quartz counters & tons of storage space is a chef’s delight. A remodeled hallway bath boasts a tub shower enclosure & quartz counters. A spacious 2nd bedroom offers a wall of closets.The master includes walk-in closet & ¾ bath. An inviting entertaining deck is perfect for al-fresco dining while enjoying ocean views & sunsets. New windows and doors, heating, hardwood flooring & carpeting are a few up the upgrades. A truly outstanding lifestyle & investment opportunity with endless possibilities!! An absolute gem on The Peninsula. The perfect location!

Listed by Loree Scarborough | BRE #01257913 | Coldwell Banker Coastal Alliance
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
2,166
HOA Dues
$0/mo
Year built
1946
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW20054596
City
Long Beach
County
Los Angeles
Time on Site
1408 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,500
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 5586 E Ocean Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave
Interior Features
  • Beamed Ceilings, Block Walls, Cathedral Ceiling(s), Ceramic Counters, Living Room Deck Attached, Tile Counters
  • Window Features: Double Pane Windows
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Block, Wrought Iron
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: 0-1 Unit/Acre, Back Yard, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7245017027
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Peninsula (PI)
  • Directions: Ocean Blve East on the Peninsula
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Gutters, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

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Sale History for 5586 E Ocean Blvd

Last sold for $1,290,000 on May 4th, 2020
  • May, 2020

  • May 5, 2020

    Date

    Sold

    CRMLS: PW20054596

    $1,290,000

    Price

  • Apr 29, 2020

    Date

    Pending

    CRMLS: PW20054596

    $1,299,000

    Price

  • Apr 4, 2020

    Date

    Active Under Contract

    CRMLS: PW20054596

    $1,299,000

    Price

  • Mar 12, 2020

    Date

    Active

    CRMLS: PW20054596

    $1,299,000

    Price

  • May, 2020

  • May 5, 2020

    Date

    Sold

    CRMLS: PW20052718

    $1,290,000

    Price

  • Apr 29, 2020

    Date

    Pending

    CRMLS: PW20052718

    $1,299,000

    Price

  • Apr 4, 2020

    Date

    Active Under Contract

    CRMLS: PW20052718

    $1,299,000

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: PW20052718

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    A FABULOUS OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! SPACIOUS 2 STORY DUPLEX ON THE PENINSULA. Prestigiously set between colorful Alamitos Bay, beaches & the ocean. Only minutes from Belmont Shore,Naples Island,marinas, outstanding schools & nearby freeways..yet in a world all its own.. of casual ease and beachfront charm.. The front patio leads you to the first floor 2 bedroom 1 bath unit with a private backyard & stackable laundry.The upstairs 2 bedroom 2 bath unit is nothing short of dazzling. Recently renovated this light filled home boasts an inviting open floor plan with whitewashed exposed beams skirted by beautiful hardwood flooring. The living space showcases a Swedish fireplace with custom stone treatment. Natural light floods in through sliding doors with access to a relaxing terrace. The dining area features an entertaining eat-in bar & opens to the kitchen. The custom kitchen with new appliances, quartz counters & tons of storage space is a chef’s delight. A remodeled hallway bath boasts a tub shower enclosure & quartz counters. A spacious 2nd bedroom offers a wall of closets.The master includes walk-in closet & ¾ bath. An inviting entertaining deck is perfect for al-fresco dining while enjoying ocean views & sunsets. New windows and doors, heating, hardwood flooring & carpeting are a few up the upgrades. A truly outstanding lifestyle & investment opportunity with endless possibilities!! PLEASE VIEW THE VIRTUAL TOUR https://youtu.be/rmbNH0xJ9DM

  • May, 2020

  • May 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,290,000

    Price

  • October, 2019

  • Oct 31, 2019

    Date

    Canceled

    CRMLS: OC19128884

    $1,250,000

    Price

  • Sep 20, 2019

    Date

    Active

    CRMLS: OC19128884

    $1,250,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: OC19128884

    $1,250,000

    Price

  • Sep 11, 2019

    Date

    Active Under Contract

    CRMLS: OC19128884

    $1,299,000

    Price

  • Jul 28, 2019

    Date

    Price Change

    CRMLS: OC19128884

    $1,299,000

    Price

  • Jun 3, 2019

    Date

    Price Change

    CRMLS: OC19128884

    $1,329,000

    Price

  • Jun 2, 2019

    Date

    Active

    CRMLS: OC19128884

    $1,355,000

    Price

  • Listing provided courtesy of CRMLS

    Back on market with a HUGE Price Reduction, buyer did not perform. LOCATION LOCATION LOCATION! Well maintained duplex with great style. Great investment or owner occupied opportunity on the Peninsula. This charming two ­story duplex has a lower unit with 2 bedrooms and 1 bath. Nice exterior space including a private back yard with access from the kitchen. Stackable laundry inside the unit. The upstairs unit has a killer retro vibe with tons of storage. This 2 bedroom 2 bath unit has a wood burning pot bellied stove, built­-ins (oh so much storage), a roof top deck and a one car garage with laundry. You will be particularly impressed at how well maintained this property is, inside and out. Newer flooring, roof, exterior paint.

  • October, 2019

  • Oct 31, 2019

    Date

    Canceled

    CRMLS: OC19018771

    $1,250,000

    Price

  • Sep 20, 2019

    Date

    Active

    CRMLS: OC19018771

    $1,250,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: OC19018771

    $1,250,000

    Price

  • Sep 11, 2019

    Date

    Active Under Contract

    CRMLS: OC19018771

    $1,299,000

    Price

  • Jul 28, 2019

    Date

    Price Change

    CRMLS: OC19018771

    $1,299,000

    Price

  • Jun 3, 2019

    Date

    Price Change

    CRMLS: OC19018771

    $1,329,000

    Price

  • Apr 6, 2019

    Date

    Price Change

    CRMLS: OC19018771

    $1,355,000

    Price

  • Jan 28, 2019

    Date

    Active

    CRMLS: OC19018771

    $1,385,000

    Price

  • Listing provided courtesy of CRMLS

    Back on market with a HUGE Price Reduction, buyer did not perform. LOCATION LOCATION LOCATION! Well maintained duplex with great style. Great investment or owner occupied opportunity on the Peninsula. This charming two-story duplex has a lower unit with 2 bedrooms and 1 bath. Nice exterior space including a private back yard with access from the kitchen. Stackable laundry inside the unit. The upstairs unit has a killer retro vibe with tons of storage. This 2 bedroom 2 bath unit has a wood burning pot bellied stove, built-ins (oh so much storage), a roof top deck and a one car garage with laundry. You will be particularly impressed at how well maintained this property is, inside and out. Newer flooring, roof, exterior paint.

  • April, 2002

  • Apr 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 5586 E Ocean Blvd

Assessed Value (2020): $742,930
Year Land Value Improved Value Assessed Value
2020 $405,235 $337,695 $742,930

Home Value Compared to the Market

This property vs the competition

5586 E Ocean Blvd sold on May 4, 2020 for 62.38% 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 $642.43 per/sqft which puts the price per square foot 1.65% higher than the current median sale per square foot for the city of Long Beach.

About 5586 E Ocean Blvd

Detailed summary of property

5586 E Ocean Blvd is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 4 bedrooms, 3 bathrooms, roughly 2,022 living square feet, and sits on an approximately 2,166 square foot lot. 5586 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,290,000. 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 62.38% higher than the current median priced home. Local homes that are currently for sale include 1967 Atlantic Ave, 1044 Cedar Ave and 2175 Earl Ave. While the average home in Long Beach, CA is selling in 51 days, 5586 E Ocean Blvd has a days on market of 24 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. For more information on this home for sale at 5586 E Ocean Blvd 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 5586 E Ocean Blvd

Public county record property details
Beds
4
Baths
3
Year built
1946
Sq. Ft.
2,022
Lot Size
2,166
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,7
APN
7245-017-027

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
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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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.