5886 Myrtle Ave, Long Beach, CA 90805
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5886 Myrtle Ave Long Beach, CA 90805

$785,000
  • 4 Beds
  • 3 Baths
  • 1,535 Sq.Ft.
For Sale
$785,000 Get Pre-Qualified

Map preview of 5886 Myrtle Ave, Long Beach, CA 90805

Property Overview: 5886 Myrtle Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 1,535 living square feet and 5,012 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Charming Duplex with a lot of potential. 1,535 sf. of total living space. One Unit is 2 bedroom and 1 bathroom, with a large living room and dining area. The other unit is 1 bedroom and 1 bathroom. Central heating and AC. 2 Car garage with a long driveway for additional parking. Please do not disturb the tenants. Any showings will be subject to written offer and pre-approval. Drive by only. All offers are to be subject to interior inspection.

Listed by Sandy Dunkley | BRE #01832146 | Equity Real Estate-Los Angeles
Last checked: 6 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
5,012
HOA Dues
$0/mo
Year built
1920
Garage
1 Car
Property Type:
Multi Family
Status
Active
MLS#
24370171
City
Long Beach
County
Los Angeles
Time on Site
33 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.81
  • Gross Scheduled Income: --
  • Net Operating Income: $36,042
  • Gross Operating Income: $46,680
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $7,938
  • Gardener: $1,200
  • Insurance: $1,500

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Property Details for 5886 Myrtle Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7124029002
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between E. 59th Street and South Street.
View more facts & features

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Sale History for 5886 Myrtle Ave

Last sold on March 30th, 2001
  • April, 2024

  • Apr 15, 2024

    Date

    Active

    CRMLS: 24370171

    $785,000

    Price

  • March, 2001

  • Mar 30, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1994

  • Mar 4, 1994

    Date

    Sold (Public Records)

    Public Records

    $130,000

    Price

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Tax History for 5886 Myrtle Ave

Assessed Value (2020): $206,231
Year Land Value Improved Value Assessed Value
2020 $101,009 $105,222 $206,231

Home Value Compared to the Market

This property vs the competition

5886 Myrtle Ave is listed 1.88% lower than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $511.4 per/sqft which puts the price per square foot 19.21% lower than the median price per square foot for the city of Long Beach.

About 5886 Myrtle Ave

Detailed summary of property

5886 Myrtle Ave is a multi family located in Long Beach, CA 90805 and is currently for sale. This multi family property offers 4 bedrooms, 3 bathrooms, roughly 1,535 living square feet, and sits on an approximately 5,012 square foot lot. 5886 Myrtle Ave was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $785,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 1.88% lower than the median priced home. Local competing homes currently for sale include 1861 Orange Ave, 402 E 16th St and 2022 E 15th St. While the average home in Long Beach, CA is selling in 56 days, 5886 Myrtle Ave has a days on market of 11 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 5886 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 5886 Myrtle Ave

Public county record property details
Beds
3
Baths
2
Year built
1920
Sq. Ft.
1,535
Lot Size
5,010
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7124-029-002

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
$679,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
60
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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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.