Seller's Agent in 2024
Scott Niles
eHomes
(714) 244-2744
1 in this area
16 Total Sales
2914 E 5th St Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,503,000 - $1,842,000
5
Beds
4
Baths
2,496
Sq Ft
$666/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Craftsman Architecture
- Quartz Countertops
- Woodrow Wilson High School Rated A
- Wood Flooring
- No HOA
About This Home
As of April 2024Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.
Last Agent to Sell the Property
eHomes Brokerage Phone: 714-244-2744 License #01923986 Listed on: 10/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,755
Year Built
- Built in 1917 | Remodeled
Lot Details
- 6,750 Sq Ft Lot
- No Common Walls
- Wood Fence
- Drip System Landscaping
- Level Lot
- Front and Back Yard Sprinklers
Parking
- 3 Car Garage
- Parking Available
- Side Facing Garage
- Three Garage Doors
Home Design
- Triplex
- Craftsman Architecture
- Spanish Architecture
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Blinds
- Wood Frame Window
- Living Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- Overhead Utilities
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- No Interior Steps
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 9 / D
- Assessor Parcel Number 7257008010
- $704 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $960
- Insurance Expense $2,500
- Maintenance Expense $1,500
- Other Expense $750
- Pest Control $500
- Professional Management Expense $4,042
- New Taxes Expense $20,222
- Operating Expense $30,474
- Gross Income $115,489
- Net Operating Income $82,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2023
Closed on
Mar 25, 2024
Sold by
Contempo Rentals Llc
Bought by
Karbro Llc
Seller's Agent
Scott Niles
eHomes
Buyer's Agent
Stephen Walsh
Compass
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Views
366
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,601
Avg. Annual Appreciation
-1.36%
Purchase Details
Closed on
Sep 13, 2018
Sold by
Martinez Atkins Rebecca
Bought by
Contempo Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 13, 2015
Sold by
Delgado Martinez Atkins Rebecca and Delgado Martinez Leticia
Bought by
Martinez Atkins Rebecca
Purchase Details
Closed on
Feb 15, 2007
Sold by
Martinez Atkins Mark R and Martinez Atkins Rebecca
Bought by
Martinez Atkins Mark R and Martinez Atkins Rebecca
Purchase Details
Closed on
Jan 17, 2006
Sold by
Feldmeier Michael
Bought by
Martinez Atkins Mark R and Martinez Atkins Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 28, 2001
Sold by
Williams Carrie L and Bryan Victoria K
Bought by
Feldmeier Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,590
Interest Rate
7.19%
Purchase Details
Closed on
Mar 8, 1996
Sold by
Williams Carrie and Pearson Lori
Bought by
Williams Carrie L and Bryan Victoria K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karbro Llc | $1,700,000 | Stewart Title | |
| Contempo Rentals Llc | $591,000 | Stewart Title Company | |
| Martinez Atkins Rebecca | -- | Accommodation | |
| Martinez Atkins Mark R | -- | Accommodation | |
| Martinez Atkins Mark R | $865,000 | First American Title Co | |
| Feldmeier Michael | -- | Western Resources Title | |
| Feldmeier Michael | $410,000 | Southland Title | |
| Williams Carrie L | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Contempo Rentals Llc | $447,000 | |
| Previous Owner | Martinez Atkins Mark R | $692,000 | |
| Previous Owner | Feldmeier Michael | $368,590 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2024 04/01/24 | Sold | $1,700,000 | +46475.3% | $681 / Sq Ft | |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- | |
| 01/17/2024 01/17/24 | Rented | $3,650 | -99.8% | -- | |
| 12/26/2023 12/26/23 | Under Contract | -- | -- | -- | |
| 10/20/2023 10/20/23 | For Sale | $1,750,000 | 0.0% | $701 / Sq Ft | |
| 09/10/2023 09/10/23 | For Rent | $3,650 | +5.8% | -- | |
| 09/10/2022 09/10/22 | Rented | $3,450 | 0.0% | -- | |
| 08/13/2022 08/13/22 | Under Contract | -- | -- | -- | |
| 08/03/2022 08/03/22 | For Rent | $3,450 | +15.2% | -- | |
| 12/31/2020 12/31/20 | Rented | $2,995 | 0.0% | -- | |
| 12/17/2020 12/17/20 | For Rent | $2,995 | +57.7% | -- | |
| 07/06/2020 07/06/20 | Rented | $1,899 | 0.0% | -- | |
| 07/03/2020 07/03/20 | Under Contract | -- | -- | -- | |
| 06/30/2020 06/30/20 | For Rent | $1,899 | -34.4% | -- | |
| 10/30/2019 10/30/19 | Rented | $2,895 | 0.0% | -- | |
| 10/28/2019 10/28/19 | Under Contract | -- | -- | -- | |
| 10/25/2019 10/25/19 | Price Changed | $2,895 | -3.5% | $3 / Sq Ft | |
| 08/27/2019 08/27/19 | For Rent | $3,000 | 0.0% | -- | |
| 01/04/2019 01/04/19 | Sold | $591,000 | +55.5% | $237 / Sq Ft | View Prior Sale |
| 08/11/2018 08/11/18 | Pending | -- | -- | -- | |
| 06/19/2018 06/19/18 | For Sale | $380,000 | -- | $152 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,755 | $1,734,000 | $1,122,000 | $612,000 |
| 2024 | $8,755 | $646,342 | $426,521 | $219,821 |
| 2023 | $8,608 | $633,669 | $418,158 | $215,511 |
| 2022 | $8,092 | $621,245 | $409,959 | $211,286 |
| 2021 | $7,924 | $609,065 | $401,921 | $207,144 |
| 2020 | $7,903 | $602,820 | $397,800 | $205,020 |
| 2019 | $13,398 | $1,059,673 | $735,034 | $324,639 |
| 2018 | $20,367 | $1,038,896 | $720,622 | $318,274 |
| 2016 | $9,410 | $780,000 | $541,200 | $238,800 |
| 2015 | $9,163 | $780,000 | $541,200 | $238,800 |
| 2014 | $9,276 | $780,000 | $541,200 | $238,800 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Niles
-
Sean Haghi
Seller Co-Listing Agent in 2024
Sean Haghi
Elements Real Estate
(310) 577-8777
1 in this area
10 Total Sales
-
Stephen Walsh
Buyer's Agent in 2024
Stephen Walsh
Compass
(949) 235-3517
1 in this area
84 Total Sales
-
Q
Seller's Agent in 2019
Quentin Anderson
F.A.I.R. Plan Inc
-
D
Buyer's Agent in 2019
David Berenato
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23195441
APN: 7257-008-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 645 Temple Ave Unit 5
- 444 Obispo Ave Unit 3
- 360 Obispo Ave Unit 15
- 2500 E 4th St
- 346 Molino Ave
- 2703 E 7th St
- 2506 E 6th St
- 2805 E 3rd St Unit 21
- 2805 E 3rd St Unit 10
- 767 Freeman Ave
- 390 Carroll Park E
- 2844 E 3rd St Unit 210
- 725 Coronado Ave Unit 103
- 725 Coronado Ave Unit 202
- 795 Gladys Ave
- 3042 E 3rd St Unit 5
- 2521 E 7th St
- 737 Molino Ave
- 752 Coronado Ave
- 2415 E 7th St
- 2918 E 5th St
- 2916 E 5th St
- 2910 E 5th St
- 2924 E 5th St
- 2930 E 5th St
- 2900 E 5th St
- 2919 E 4th St
- 2925 E 4th St
- 2925 E 4th St Unit 1
- 2909 E 4th St
- 2842 E 5th St
- 435 Orizaba Ave
- 417 Orizaba Ave
- 425 Orizaba Ave
- 2925 E 5th St Unit 4
- 2901 E 4th St
- 411 Orizaba Ave
- 501 Orizaba Ave
- 2915 E 5th St
- 2834 E 5th St