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5955 Myrtle Ave, Long Beach, CA 90805
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5955 Myrtle Ave Long Beach, CA 90805

$640,000
  • 2 Beds
  • 2 Baths
  • 744 Sq.Ft.
Pending
$640,000 Get Pre-Qualified
Map preview of 5955 Myrtle Ave, Long Beach, CA 90805

Property Overview: 5955 Myrtle Ave Long Beach, CA has 2 bedrooms, 2 bathrooms, 744 living square feet and 5,075 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: Nice duplex with a lot of potential. This home site on a large lot with enough space to expand the front unit and create a an ADU, subject to city approval. Both units are one bedroom. Back unit is soon to be vacate in April Buyer to do their due diligence regarding all information provided on this property. per seller. Please do not disturb the tenants. Any showings will be subject to written offer and pre-approval. Sellers are flexible and motivated. Drive by only subject all offers to be subject to interior inspection.

Listed by Miguel Chavez | BRE #01031517 | Mark 1 Real Estate, Inc.
Last checked: 2 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 34
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Home details

Lot Sq. Ft
5,075
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Duplex
Status
Pending
MLS#
PW24051131
City
Long Beach
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,975
  • Net Operating Income: $2,775
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $379
  • Electric: $888
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $50
  • Insurance: $720
  • Water/Sewer: $600

Open Houses for 5955 Myrtle Ave

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Property Details for 5955 Myrtle Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7124019022
  • Year Built Source: Public Records
  • Entry Level: 1
  • 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
  • Directions: SOUTH ST AND ATLANTIC
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 5955 Myrtle Ave

View property's historical transactions

  • April, 2024

  • Apr 25, 2024

    Date

    Pending

    CRMLS: PW24051131

    $640,000

    Price

  • Mar 14, 2024

    Date

    Active

    CRMLS: PW24051131

    $640,000

    Price

Tax History for 5955 Myrtle Ave

Assessed Value (2020): $81,307
Year Land Value Improved Value Assessed Value
2020 $63,519 $17,788 $81,307

Home Value Compared to the Market

This property vs the competition

5955 Myrtle Ave is listed 20% 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 $860.22 per/sqft which puts the price per square foot 35.89% higher than the median price per square foot for the city of Long Beach.

About 5955 Myrtle Ave

Detailed summary of property

5955 Myrtle Ave is a duplex located in Long Beach, CA 90805 and is currently in escrow to be sold. This duplex offers 2 bedrooms, 2 bathrooms, roughly 744 living square feet, and sits on an approximately 5,075 square foot lot. 5955 Myrtle Ave was first listed on ArdentRealEstateGroup.com on March 14, 2024. The homeowner is currently asking $640,000. 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 20% lower than the median priced home. Local competing homes currently for sale include 1503 E 109th St, 682 E 120th St and 9534 Grape St. While the average home in Long Beach, CA is selling in 56 days, 5955 Myrtle Ave has a days on market of 34 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 5955 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 5955 Myrtle Ave

Public county record property details
Beds
2
Baths
2
Year built
1926
Sq. Ft.
744
Lot Size
5,074
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
7124-019-022

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
$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.

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