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5861 Myrtle Ave, Long Beach, CA 90805
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5861 Myrtle Ave Long Beach, CA 90805

$585,000 Sold Price as of 04/02/2019
  • 4 Beds
  • 3 Baths
  • 1,985 Sq.Ft.
Sold
$585,000 Sold Price as of 04/02/2019 Refinance Your Mortgage
Map preview of 5861 Myrtle Ave, Long Beach, CA 90805

Property Overview: 5861 Myrtle Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 1,985 living square feet and 5,044 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment Opportunity in the heart of North Long Beach! This duplex consists of one 3 Bedroom, 1.5 Bath Unit and one 1 Bedroom, 1 Bath unit, 1,985 SF Total on a 5,044 SF lot (per Assessor). The property have three car single garages. . Great location conveniently located to the 710 and 91 freeways, Located close to the new Michelle Obama Library and new Canvas Development (The same owner of the famous The Lab (ANTI-MALLISM), Anaheim Packing District.

Listed by Huok Lo | BRE #01368263 | Starburst Realty
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
5,044
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW18271427
City
Long Beach
County
Los Angeles
Time on Site
1398 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $900
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 4
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5861 Myrtle Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Carport, Concrete
Lot Information
  • Lot Features: Near Public Transit, Paved
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7124030018
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: East of Atlantic Blvd. and North of South Street.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 5861 Myrtle Ave

Last leased for $1,500 on July 16th, 2019

  • July, 2019

  • Jul 16, 2019

    Date

    Leased

    CRMLS: PW19162192

    $1,500

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: PW19162192

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Large one bedroom with new kitchen and bathroom. Large living room, dining area and laundry hookup . Located close to the Michelle Obama Library, with a lot of community activities.

  • April, 2019

  • Apr 7, 2019

    Date

    Sold

    CRMLS: PW18271427

    $585,000

    Price

  • Feb 25, 2019

    Date

    Pending

    CRMLS: PW18271427

    $595,000

    Price

  • Feb 4, 2019

    Date

    Sold

    CRMLS: PW18271427

    $585,000

    Price

  • Dec 31, 2018

    Date

    Pending

    CRMLS: PW18271427

    $595,000

    Price

  • Dec 5, 2018

    Date

    Active

    CRMLS: PW18271427

    $595,000

    Price

  • Nov 28, 2018

    Date

    Pending

    CRMLS: PW18271427

    $595,000

    Price

  • Nov 11, 2018

    Date

    Active

    CRMLS: PW18271427

    $595,000

    Price

  • April, 2019

  • Apr 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • November, 2003

  • Nov 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

Show More

Tax History for 5861 Myrtle Ave

Assessed Value (2020): $596,940
Year Land Value Improved Value Assessed Value
2020 $255,000 $341,940 $596,940

Home Value Compared to the Market

This property vs the competition

5861 Myrtle Ave sold on April 2, 2019 for 25.62% 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 $299.75 per/sqft which puts the price per square foot 52.57% lower than the current median sale per square foot for the city of Long Beach.

About 5861 Myrtle Ave

Detailed summary of property

5861 Myrtle Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,985 living square feet, and sits on an approximately 5,044 square foot lot. 5861 Myrtle Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $585,000. 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 25.62% lower than the current median priced home. Local homes that are currently for sale include 11214 S Main St, 9712-1 S San Pedro St and 9712 S San Pedro St. While the average home in Long Beach, CA is selling in 51 days, 5861 Myrtle Ave has a days on market of 43 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 5861 Myrtle 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 5861 Myrtle Ave

Public county record property details
Beds
3
Baths
2
Year built
1940
Sq. Ft.
1,985
Lot Size
5,044
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7124-030-018

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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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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