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5917 Atlantic Ave, Long Beach, CA 90805
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5917 Atlantic Ave Long Beach, CA 90805

$1,010,000 Sold Price as of 11/24/2020
  • 4 Beds
  • 5 Baths
  • 6,690 Sq.Ft.
Sold
$1,010,000 Sold Price as of 11/24/2020 Refinance Your Mortgage
Map preview of 5917 Atlantic Ave, Long Beach, CA 90805

Property Overview: 5917 Atlantic Ave Long Beach, CA has 4 bedrooms, 5 bathrooms, 6,690 living square feet and 9,319 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity in Long Beach! Atlantic Plaza consists of (2) 2 bed/1 bath apartment units and 4 retail units, located across from Michelle Obama Library and near public transportation, shopping and restaurants. Long term tenants, low expenses, tenants are separately metered for power. Several of the units recently remodeled, newer exterior paint and roofing. Here is your opportunity to be part of the growth and expansion in Long Beach. 11.5 GRM!

Listed by Alex Tsaturov | BRE #01487455 | Alexander Asset Managment
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
9,319
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
ND20160889
City
Long Beach
County
Los Angeles
Time on Site
1356 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,020
  • Net Operating Income: $64,529
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $32,491
  • Electric: $0
  • New Taxes: $17,000
  • Trash: $0
  • Insurance: $4,500
  • Professional Management: $0
  • Water/Sewer: $4,200

Property Details for 5917 Atlantic Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Wood Burning
Room Information
  • Flooring: See Remarks
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Range Hood
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 7125034029
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: n/a
  • Directions: Atlantic Ave and E 59th St
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 5917 Atlantic Ave

Last sold for $1,010,000 on November 24th, 2020

  • November, 2020

  • Nov 25, 2020

    Date

    Sold

    CRMLS: ND20160889

    $1,010,000

    Price

  • Nov 24, 2020

    Date

    Pending

    CRMLS: ND20160889

    $1,099,000

    Price

  • Nov 24, 2020

    Date

    Sold

    CRMLS: ND20160889

    $1,010,000

    Price

  • Oct 28, 2020

    Date

    Pending

    CRMLS: ND20160889

    $1,099,000

    Price

  • Oct 21, 2020

    Date

    Active

    CRMLS: ND20160889

    $1,099,000

    Price

  • Sep 9, 2020

    Date

    Pending

    CRMLS: ND20160889

    $1,099,000

    Price

  • Aug 9, 2020

    Date

    Active

    CRMLS: ND20160889

    $1,099,000

    Price

  • November, 2020

  • Nov 25, 2020

    Date

    Sold

    CRMLS: ND20156860

    $1,010,000

    Price

  • Oct 28, 2020

    Date

    Pending

    CRMLS: ND20156860

    $1,099,000

    Price

  • Oct 21, 2020

    Date

    Active

    CRMLS: ND20156860

    $1,099,000

    Price

  • Sep 9, 2020

    Date

    Pending

    CRMLS: ND20156860

    $1,099,000

    Price

  • Aug 5, 2020

    Date

    Active

    CRMLS: ND20156860

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity in Long Beach! Atlantic Plaza consists of four retail units and two apartments, located across from Michelle Obama Library and near public transportation, shopping and restaurants. Long term tenants, low expenses, tenants separately metered for power. Several of the units recently remodeled, newer exterior paint and roofing. Here is your opportunity to be part of the growth and expansion in Long Beach. 11.5 GRM!

  • November, 2020

  • Nov 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,010,000

    Price

  • July, 2020

  • Jul 30, 2020

    Date

    Canceled

    CRMLS: 200034137

    $1,099,000

    Price

  • Jul 21, 2020

    Date

    Active

    CRMLS: 200034137

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Cooling: Central Forced Air Elec

  • June, 2020

  • Jun 30, 2020

    Date

    Canceled

    CRMLS: PW20071458

    $995

    Price

  • Apr 9, 2020

    Date

    Active

    CRMLS: PW20071458

    $995

    Price

  • Listing provided courtesy of CRMLS

    First Month Free OAC! Great Retail Space in North Long Beach on a Busy Street. Parking included (1 Space) and low CAM charges.

  • June, 2020

  • Jun 12, 2020

    Date

    Leased

    CRMLS: PW20047392

    $1,295

    Price

  • Mar 31, 2020

    Date

    Price Change

    CRMLS: PW20047392

    $1,295

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: PW20047392

    --

    Price

  • Listing provided courtesy of CRMLS

    1/2 Off First Month's Rent OAC! Great retail space in North Long Beach on a busy Street. Parking included (1 Space) and low CAM charges.

  • April, 2020

  • Apr 8, 2020

    Date

    Leased

    CRMLS: PW20047403

    $995

    Price

  • Mar 31, 2020

    Date

    Price Change

    CRMLS: PW20047403

    $995

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: PW20047403

    --

    Price

  • Listing provided courtesy of CRMLS

    Great Retail Space in North Long Beach on a Busy Street. Parking included (1 Space) and low CAM charges.

  • July, 2019

  • Jul 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,255,000

    Price

Show More

Tax History for 5917 Atlantic Ave

Assessed Value (2020): $1,255,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $355,000 $1,255,000

Home Value Compared to the Market

This property vs the competition

5917 Atlantic Ave sold on November 24, 2020 for 44.61% higher than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $164.28 per/sqft which puts the price per square foot 74.05% lower than the current median sale per square foot for the city of Long Beach.

About 5917 Atlantic Ave

Detailed summary of property

5917 Atlantic Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 6,690 living square feet, and sits on an approximately 9,319 square foot lot. 5917 Atlantic Ave was first listed on ArdentRealEstateGroup.com on August 9, 2020. The homeowner sold the property for $1,010,000. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 44.61% higher than the current median priced home. Local homes that are currently for sale include 2022 E 15th St, 1600 Stanley Ave and 1367 Alamitos Ave. While the average home in Long Beach, CA is selling in 56 days, 5917 Atlantic Ave has a days on market of 26 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 5917 Atlantic 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 5917 Atlantic Ave

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
6,690
Lot Size
9,318
Stories
--
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
27,28
APN
7125-034-029

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%)

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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