5661 California Ave, Long Beach, CA 90805
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5661 California Ave Long Beach, CA 90805

$624,900 Sold Price as of 08/25/2020
  • 3 Beds
  • 2 Baths
  • 2 Sq.Ft.
Sold
$624,900 Sold Price as of 08/25/2020 Refinance Your Mortgage

Map preview of 5661 California Ave, Long Beach, CA 90805

Property Overview: 5661 California Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 2 living square feet and 5,017 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Outstanding income property or Live here. The choice is yours. 2 on a lot. Front unit has 2 bedrooms and 1 bath and back unit has 1 bedroom and 1 bath. Units are not attached which provides a little more privacy. There is a small yard that separates the properties as well. Features also include a two car garage, a back yard and a paved front yard for additional parking. Home is also freeway close with near by shopping. If you have always wanted to own income property, Now is your chance.

Listed by Bree Johnson | BRE #01786151 | Nationwide Real Estate Execs
Co-listed by Rosanna Wait | BRE #01947076 | Nationwide Real Estate Execs
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
5,017
HOA Dues
$0/mo
Year built
1949
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20115953
City
Long Beach
County
Los Angeles
Time on Site
1532 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,600
  • Net Operating Income: $28,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $500
  • Insurance: $370
  • Water/Sewer: $400

Property Details for 5661 California Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
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: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7127003022
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W/Orange-S/South
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 5661 California Ave

Last sold for $625,000 on August 25th, 2020
  • August, 2020

  • Aug 26, 2020

    Date

    Sold

    CRMLS: PW20115953

    $624,900

    Price

  • Aug 15, 2020

    Date

    Pending

    CRMLS: PW20115953

    $624,900

    Price

  • Jul 28, 2020

    Date

    Active Under Contract

    CRMLS: PW20115953

    $624,900

    Price

  • Jul 14, 2020

    Date

    Price Change

    CRMLS: PW20115953

    $624,900

    Price

  • Jun 23, 2020

    Date

    Active

    CRMLS: PW20115953

    $629,000

    Price

  • Jun 16, 2020

    Date

    Coming Soon

    CRMLS: PW20115953

    $629,000

    Price

  • August, 2020

  • Aug 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

  • May, 2019

  • May 16, 2019

    Date

    Sold

    CRMLS: RS19016959

    $510,000

    Price

  • May 2, 2019

    Date

    Pending

    CRMLS: RS19016959

    $539,900

    Price

  • Mar 6, 2019

    Date

    Active Under Contract

    CRMLS: RS19016959

    $539,900

    Price

  • Feb 24, 2019

    Date

    Price Change

    CRMLS: RS19016959

    $539,900

    Price

  • Feb 6, 2019

    Date

    Active

    CRMLS: RS19016959

    $549,900

    Price

  • Feb 2, 2019

    Date

    Active Under Contract

    CRMLS: RS19016959

    $549,900

    Price

  • Jan 23, 2019

    Date

    Active

    CRMLS: RS19016959

    $549,900

    Price

  • Listing provided courtesy of CRMLS

    Opportunity Knocks Loud! Two homes on one lot with large 2 car garage & a backyard for the kids * The front home is 2 bedrooms & 1 full bath * Very clean inside & well kept * Large bedrooms * Very nice (big) living room * Walking distance to shopping & easy access to major freeways * The back home is 1 bedroom & 1 full bathroom * Great size for elder (grandma) or just about anyone * Don't miss this opportunity * Live in the front & rent the back or Just keep the tenants * Please Do Not Disturb The Tenants

  • May, 2019

  • May 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

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Tax History for 5661 California Ave

Assessed Value (2020): $520,200
Year Land Value Improved Value Assessed Value
2020 $306,000 $214,200 $520,200

Home Value Compared to the Market

This property vs the competition

5661 California Ave sold on August 25, 2020 for 23.7% 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 $312450 per/sqft which puts the price per square foot 49653.18% higher than the current median sale per square foot for the city of Long Beach.

About 5661 California Ave

Detailed summary of property

5661 California Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2 living square feet, and sits on an approximately 5,017 square foot lot. 5661 California Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $624,900. 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 23.7% lower than the current median priced home. Local homes that are currently for sale include 340 W 119th St, 114 W 110th St and 919 E 92nd St. While the average home in Long Beach, CA is selling in 62 days, 5661 California Ave has a days on market of 29 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 5661 California 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 5661 California Ave

Public county record property details
Beds
3
Baths
2
Year built
1949
Sq. Ft.
1,408
Lot Size
5,016
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7127-003-022

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.