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5949 Atlantic Ave, Long Beach, CA 90805
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5949 Atlantic Ave Long Beach, CA 90805

$739,000
  • 2 Beds
  • 2 Baths
  • 2,700 Sq.Ft.
Back Up Offer
$739,000 Get Pre-Qualified
Map preview of 5949 Atlantic Ave, Long Beach, CA 90805

Property Overview: 5949 Atlantic Ave Long Beach, CA has 2 bedrooms, 2 bathrooms, 2,700 living square feet and 4,720 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: Mixed-Use commercial and residential property well-located in the heart of Long Beach community. This versatile property offers both a commercial building and 2 units making it an ideal investment opportunity. Premises currently being utilized as a barber shop with ample square footage and a spacious interior layout. There's garage/storage/parking available also. Both residential units are 1 bdrm/1 bath. One unit recently updated with new carpeting and a freshly painted interior. Property offers high visibility situated on busy Atlantic Avenue that's lined with shopping, restaurants and easy freeway access to 710 & 91. This growing and expanding area makes for plenty of potential for a savvy investor.

Listed by Granger Riach | BRE #01011806 | Y Realty
Last checked: 15 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 15
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Home details

Lot Sq. Ft
4,720
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Mixed Use
Status
Back Up Offer
MLS#
PW24086133
City
Long Beach
County
Los Angeles
Time on Site
17 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,330
  • Total Rent: $1,330
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,654
  • Total Rent: $1,654
  • Pro Forma/Market Rent: $2,000
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
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 5949 Atlantic Ave

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Property Details for 5949 Atlantic Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
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: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7125034022
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is 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: South and Atlantic
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 5949 Atlantic Ave

View property's historical transactions

  • May, 2024

  • May 8, 2024

    Date

    Back Up Offer

    CRMLS: PW24086133

    $739,000

    Price

  • May 2, 2024

    Date

    Active

    CRMLS: PW24086133

    $739,000

    Price

  • May, 2020

  • May 30, 2020

    Date

    Expired

    CRMLS: OC20087866

    $1,300

    Price

  • May 14, 2020

    Date

    Active

    CRMLS: OC20087866

    $1,300

    Price

  • Listing provided courtesy of CRMLS

    5945 Atlantic avenue long beach CA 90805 is a one bedroom apartment located on the second floor. This one bedroom one bath apartment has a full kitchen and family room. Conveniently located on Atlantic avenue between 59th and 60th. Close to public transportation. 1 parking space. Must see property.

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: OC18290729

    $1,800

    Price

  • Dec 13, 2018

    Date

    Active

    CRMLS: OC18290729

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Wonderful street front location. Large windows light and bright. Just down the street from the New Library. Very Limited Parking Onsite.

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: OC18192199

    $1,200

    Price

  • Sep 29, 2018

    Date

    Active

    CRMLS: OC18192199

    $1,200

    Price

  • Sep 27, 2018

    Date

    Pending

    CRMLS: OC18192199

    $1,200

    Price

  • Sep 21, 2018

    Date

    Price Change

    CRMLS: OC18192199

    $1,200

    Price

  • Aug 16, 2018

    Date

    Active

    CRMLS: OC18192199

    $1,400

    Price

  • Listing provided courtesy of CRMLS

    5945 Atlantic avenue long beach CA 90805 is a one bedroom apartment located on the second floor. This one bedroom one bath apartment has a full kitchen and family room. Conveniently located on Atlantic avenue between 59th and 60th. Close to public transportation. 1 parking space. Must see property.

  • September, 2018

  • Sep 1, 2018

    Date

    Expired

    CRMLS: OC18156111

    $2,100

    Price

  • Aug 24, 2018

    Date

    Price Change

    CRMLS: OC18156111

    $2,100

    Price

  • Jul 3, 2018

    Date

    Price Change

    CRMLS: OC18156111

    $2,400

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: OC18156111

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Wonderful street front location. Large windows light and bright. Just down the street from the New Library. Very Limited Parking Onsite.

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Tax History for 5949 Atlantic Ave

Assessed Value (2020): $356,483
Year Land Value Improved Value Assessed Value
2020 $151,674 $204,809 $356,483

Home Value Compared to the Market

This property vs the competition

5949 Atlantic Ave is listed 7.51% lower than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $273.7 per/sqft which puts the price per square foot 57.43% lower than the median price per square foot for the city of Long Beach.

About 5949 Atlantic Ave

Detailed summary of property

5949 Atlantic Ave is a mixed use located in Long Beach, CA 90805 and is currently in escrow to be sold. This mixed use property offers 2 bedrooms, 2 bathrooms, roughly 2,700 living square feet, and sits on an approximately 4,720 square foot lot. 5949 Atlantic Ave was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $739,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 7.51% lower than the median priced home. Local competing homes currently for sale include 3306 E 8th St, 3300 E 8th St and 5718 E Beverly Blvd. While the average home in Long Beach, CA is selling in 51 days, 5949 Atlantic Ave has a days on market of 15 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 5949 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 5949 Atlantic Ave

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
2,700
Lot Size
4,720
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7125-034-022

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
$695,000
Median List Price/Sq.Ft.
$567
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%)

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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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