NOT LISTED FOR SALE

326 W 5th St Long Beach, CA 90802

West Village Neighborhood
-- Bed
10 Baths
5,535 Sq Ft
2,520 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $875,000 $158 Per Sq Ft

111 Days on Market

About This Home

As of December 2015

Great downtown investment property. 10 of 12 OYOs. All units are corner units with light on two sides. New owner can sell units individual or apply for condo conversion. Close to Pine Avenue, light rail and shopping.

Last Agent to Sell the Property

Phil Appleby

Appleby Real Estate Brokerage License #00938382 Listed on: 09/08/2015

Last Buyer's Agent

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,520 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Home Design

  • 5,535 Sq Ft Home
  • Property Attached

Additional Features

  • 10 Bathrooms
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 62
  • Tax Tract Number 4455

Community Details

Overview

  • 10 Units

Building Details

  • 10 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $2,500
  • Professional Management Expense $21,000
  • New Taxes Expense $9,384
  • Gross Income $7,285
  • Net Operating Income $49,504

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Other Phone Description: 5628248839
  • Other Phone Number: 5628248839
  • Professional Management Expense: 21000.00
  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • Property Type: Residential Income
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 158.08

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1750.00
  • Community Features: Urban

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 2520.00
  • Price Per Lot Square Foot: 347.22
  • Lot Size Acres: 0.0580

Multi Family

  • Average Studio Area: 400
  • Gross Income: 7285.00
  • Gross Scheduled Income: 84420.00
  • Lot Size Area: 2520.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 49504.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 34914.00
  • Rent Control: No
  • Total Actual Rent: 7285.00

Tax Info

  • New Taxes Expense: 9384.00
  • Tax Block: 62
  • Tax Lot: 4
  • Tax Tract Number: 4455

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2015 12/30/15 Sold $875,000 -4.9% $158 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $920,000 0.0% $166 / Sq Ft
01/21/2015 01/21/15 Rented $695 0.0% --
01/21/2015 01/21/15 For Rent $695 -7.3% --
12/19/2014 12/19/14 Rented $750 0.0% --
12/19/2014 12/19/14 For Rent $750 0.0% --
12/11/2014 12/11/14 Rented $750 -5.7% --
11/11/2014 11/11/14 Under Contract -- -- --
10/21/2014 10/21/14 For Rent $795 +14.4% --
08/22/2014 08/22/14 Rented $695 -12.6% --
08/22/2014 08/22/14 For Rent $795 0.0% --
02/15/2012 02/15/12 Sold $262,000 -4.4% $137 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $274,000 -- $143 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Phil Appleby

    Appleby Real Estate Brokerage

  • J

    Seller's Agent in 2015

    Justin Edwards

    Beach Cities Management, Inc.

    (562) 888-0247

    14 Total Sales

    Justin Edwards
    Section Image
  • Marty Stone

    Buyer's Agent in 2015

    Marty Stone

    BUCKINGHAM INVESTMENTS

    (310) 322-9763

    8 Total Sales

    Marty Stone
    Section Image

  • D

    Seller's Agent in 2012

    Daryl Ellison

    Ellison Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15198156

California Regional Multiple Listing Service (CRMLS)

APN: 7280-011-004

California Los Angeles County Long Beach 90802 West Village

326 W 5th St, Long Beach, CA

This home is located at 326 W 5th St, Long Beach, CA 90802 since 08 September 2015. This property was built in 1923. 326 W 5th St is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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