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5920 Olive Ave, Long Beach, CA 90805
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5920 Olive Ave Long Beach, CA 90805

$725,000 Sold Price as of 06/01/2023
  • 4 Beds
  • 2 Baths
  • 1,503 Sq.Ft.
Sold
$725,000 Sold Price as of 06/01/2023 Refinance Your Mortgage
Map preview of 5920 Olive Ave, Long Beach, CA 90805

Property Overview: 5920 Olive Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,503 living square feet and 5,010 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perfect opportunity to own income property in Long Beach! Two units each with 2bed 1 Bath, 2 separate buildings that include upgrades with the plumbing and electrical in the front unit. The front unit is occupied perfect for owner-occupied or new tenants back unit is currently on a month-to-month lease. Gated front yard and private back yard as well with storage unit. Do not miss out on this perfect opportunity!

Listed by Karen Castillo | BRE #02039552 | Century 21 Allstars
Last checked: 9 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,010
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
DW23066510
City
Long Beach
County
Los Angeles
Time on Site
339 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: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5920 Olive Ave

Interior Features
Laundry Information
  • No Laundry
  • None
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: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7124019012
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Right off 59th St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 5920 Olive Ave

Last sold for $725,000 on June 1st, 2023

  • June, 2023

  • Jun 1, 2023

    Date

    Sold

    CRMLS: DW23066510

    $725,000

    Price

  • Apr 21, 2023

    Date

    Active

    CRMLS: DW23066510

    $679,999

    Price

  • August, 2013

  • Aug 8, 2013

    Date

    Sold (Public Records)

    Public Records

    $355,000

    Price

  • April, 2013

  • Apr 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $238,000

    Price

Show More

Tax History for 5920 Olive Ave

Assessed Value (2020): $397,911
Year Land Value Improved Value Assessed Value
2020 $173,735 $224,176 $397,911

Home Value Compared to the Market

This property vs the competition

5920 Olive Ave sold on June 1, 2023 for 15% 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 $452.43 per/sqft which puts the price per square foot 28.41% lower than the current median sale per square foot for the city of Long Beach.

About 5920 Olive Ave

Detailed summary of property

5920 Olive Ave is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,503 living square feet, and sits on an approximately 5,010 square foot lot. 5920 Olive Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $725,000. 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 15% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 305 E 138th St and 1503 E 109th St. While the average home in Long Beach, CA is selling in 51 days, 5920 Olive Ave has a days on market of 7 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 5920 Olive 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 5920 Olive Ave

Public county record property details
Beds
4
Baths
2
Year built
1927
Sq. Ft.
1,503
Lot Size
5,009
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7124-019-012

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
$679,999
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
61
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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