5641 E 2Nd St, Long Beach, CA 90803
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5641 E 2Nd St Long Beach, CA 90803

$1,895,000 Sold Price as of 04/04/2024
  • 5 Beds
  • 3 Baths
  • 2,363 Sq.Ft.
Sold
$1,895,000 Sold Price as of 04/04/2024 Refinance Your Mortgage

Map preview of 5641 E 2Nd St, Long Beach, CA 90803

Property Overview: 5641 E 2Nd St Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,363 living square feet and 3,449 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Naples! Recently painted exterior with beautifully maintained units. Unit mix consists of (2) two bedroom 1 bath units and (1) one bedroom one bath unit. Ideal for an owner user, the property also offers two large garages which can easily be rented out for additional monthly income. Location doesn't get much better than this! You are steps from the Bay, steps from Mother's Beach, and directly across from Long Beach's famous Second Street housing all your favorite coffee shops, eateries, bars, and boutiques. Don't miss out on buying a piece of Naples!

Listed by Christa Vessell | BRE #02058824 | Coldwell Banker Commercial
Co-listed by George Bustamante | BRE #01484265 | Coldwell Banker Commercial
Last checked: 1 minute ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
3,449
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW24017520
City
Long Beach
County
Los Angeles
Time on Site
104 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $89,760
  • Net Operating Income: $53,752
  • Gross Operating Income: --
  • # of Rented Garages: 2
  • Garage Rental Rate: $230
  • Garage Rental Income: $2,760
Annual Expense Breakdown
  • Total Operating Expense: $36,008
  • Electric: $46
  • Gas/Fuel: $0
  • Licenses: $103
  • New Taxes: $23,000
  • Trash: $0
  • Gardener: $815
  • Insurance: $6,190
  • Maintenance: $1,000
  • Professional Management: $4,000
  • Water/Sewer: $854

Property Details for 5641 E 2Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Wood
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7244006023
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Naples (NA)
  • Directions: On Second Street between San Remo and Ancona
Neighborhood Information
  • Community Features: Biking, Dog Park, Park, Watersports
View more facts & features

Local Long Beach Agent

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Sale History for 5641 E 2Nd St

Last sold for $1,895,000 on April 4th, 2024
  • April, 2024

  • Apr 4, 2024

    Date

    Sold

    CRMLS: PW24017520

    $1,895,000

    Price

  • Jan 29, 2024

    Date

    Active

    CRMLS: PW24017520

    $1,895,000

    Price

  • May, 2008

  • May 12, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5641 E 2Nd St

Assessed Value (2020): $101,953
Year Land Value Improved Value Assessed Value
2020 $62,745 $39,208 $101,953

Home Value Compared to the Market

This property vs the competition

5641 E 2Nd St sold on April 4, 2024 for 136.88% 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 $801.95 per/sqft which puts the price per square foot 26.89% higher than the current median sale per square foot for the city of Long Beach.

About 5641 E 2Nd St

Detailed summary of property

5641 E 2Nd St is a triplex that recently sold in Long Beach, CA 90803. This triplex offered 5 bedrooms, 3 bathrooms, roughly 2,363 living square feet, and sits on an approximately 3,449 square foot lot. 5641 E 2Nd St was first listed on ArdentRealEstateGroup.com on January 29, 2024. The homeowner sold the property for $1,895,000. 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 136.88% higher than the current median priced home. Local homes that are currently for sale include 791 Coronado Ave, 3239 E Wilton St and 1761 Redondo Ave. While the average home in Long Beach, CA is selling in 51 days, 5641 E 2Nd St has a days on market of 11 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 5641 E 2Nd St 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 5641 E 2Nd St

Public county record property details
Beds
4
Baths
3
Year built
1950
Sq. Ft.
2,363
Lot Size
3,448
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7244-006-023

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
$1,499,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
111
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.