Seller's Agent in 2025
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
80 Total Sales
334 W 5th St Long Beach, CA 90802
West Village Neighborhood
4
Beds
4
Baths
2,688
Sq Ft
2,001
Sq Ft Lot
Highlights
- 0.05 Acre Lot
- 3-minute walk to Pacific Station
- Wall Furnace
- Built-In Features
- Rectangular Lot
- Northeast Facing Home
About This Home
As of August 2025Perfect 4 unit investment property right in the heart of Downtown Long Beach, benefitting from over $8 billion in new and ongoing development. The property features four 1 bed/1 bath units in 2688 square feet on a 2001 square foot lot. Well priced on actual income at 13.3X GRM with a 9% upside in rents to a market GRM of 12. Nicely remodeled interiors that offer modern finishes while maintaining the period character of the building. Simple low expense property separately metered for gas and electric. Well maintained, professionally managed Asset in a dense, high demand rental market. Attractive entry price and low price per door for a 4 unit property, offering 30 year fixed financing. The property is only 2 blocks to the massive civic center redevelopment, 2 blocks to historic Pine Avenue, and 5 blocks to Ocean Blvd. The Metro Blue Line station is only one block away for excellent transit access. Per Costar, 65% of households within a 5 mile radius are renters with an average household income of over $93,000.
Last Agent to Sell the Property
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,420
Year Built
- Built in 1923
Lot Details
- 2,001 Sq Ft Lot
- Two or More Common Walls
- Northeast Facing Home
- Rectangular Lot
Home Design
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
Interior Spaces
- 2,688 Sq Ft Home
- 2-Story Property
- Built-In Features
- Laminate Flooring
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / 62
- Tax Tract Number 575
- Assessor Parcel Number 7280011005
- $725 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Downtown Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $581
- Gardener Expense $810
- Insurance Expense $4,704
- Maintenance Expense $3,751
- Pest Control $1,200
- Professional Management Expense $3,751
- Trash Expense $581
- Water Sewer Expense $581
- New Taxes Expense $13,125
- Operating Expense $29,583
- Gross Income $78,960
- Net Operating Income $45,429
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Jul 18, 2025
Sold by
Curran Luke and Curran Nadia J
Bought by
South Bay Capital Holdings Llc
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Krissy Mussenden
Buckingham Investments, Inc
List Price
$1,050,000
Sold Price
$1,050,000
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.18%
Purchase Details
Closed on
Apr 2, 2025
Sold by
Adube Martin D and Famil Melissa
Bought by
Curran Luke B and Curran Nadia J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2020
Sold by
Milmine Melissa Jennifer and Milmine Melissa Jennifer
Bought by
Milmine Melissa J and Aube Martin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2020
Sold by
Milmine Melissa Jennifer and Milmine Melissa Jennifer
Bought by
Aube Martin Daniel and Milmine Melissa Jennifer
Purchase Details
Listed on
Mar 11, 2017
Closed on
Apr 21, 2017
Sold by
Bedford Marcus A
Bought by
Millmine Melissa Jennifer and Melissa Jennifer Milmine Revocable Trust
Seller's Agent
Anita Jones
Rapid Action Realty
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$699,999
Sold Price
$700,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$513,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 1998
Sold by
Bedford Marcus A
Bought by
Bedford Marcus A and Driver Mahlon K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
6.42%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 16, 1998
Sold by
Bedford Mary
Bought by
Bedford Marcus A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
6.42%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 2, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Bedford Marcus A and Bedford Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
9.2%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 6, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,050,000 | Commonwealth Land Title Compan | |
| Interfamily Deed Transfer | -- | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $685,500 | Nations Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $108,500 | Investors Title Company | |
| Trustee Deed | $194,797 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $787,500 | New Conventional | |
| Previous Owner | $679,000 | New Conventional | |
| Previous Owner | $605,000 | New Conventional | |
| Previous Owner | $513,750 | New Conventional | |
| Previous Owner | $260,000 | Unknown | |
| Previous Owner | $108,500 | Stand Alone First | |
| Previous Owner | $86,800 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,050,000 | 0.0% | $391 / Sq Ft |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $1,050,000 | +50.0% | $391 / Sq Ft |
| 04/28/2017 04/28/17 | Sold | $700,000 | 0.0% | $260 / Sq Ft |
| 03/26/2017 03/26/17 | Pending | -- | -- | -- |
| 03/11/2017 03/11/17 | For Sale | $699,999 | -- | $260 / 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 | $10,420 | $795,227 | $557,078 | $238,149 |
| 2024 | $10,420 | $779,635 | $546,155 | $233,480 |
| 2023 | $10,240 | $764,349 | $535,447 | $228,902 |
| 2022 | $9,615 | $749,363 | $524,949 | $224,414 |
| 2021 | $11,313 | $894,168 | $580,957 | $313,211 |
| 2020 | $9,388 | $727,438 | $509,379 | $218,059 |
| 2019 | $9,278 | $713,182 | $499,392 | $213,790 |
| 2018 | $9,046 | $699,204 | $489,600 | $209,604 |
| 2016 | $2,333 | $153,926 | $49,646 | $104,280 |
| 2015 | $2,252 | $151,615 | $48,901 | $102,714 |
| 2014 | $2,258 | $148,646 | $47,944 | $100,702 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
Josh Ess
Seller Co-Listing Agent in 2025
Josh Ess
Buckingham Investments, Inc
(310) 982-7055
1 in this area
29 Total Sales
-
Krissy Mussenden
Buyer's Agent in 2025
Krissy Mussenden
Buckingham Investments, Inc
(407) 341-3254
1 in this area
26 Total Sales
-
A
Seller's Agent in 2017
Anita Jones
Rapid Action Realty
-
Cody Charnell
Buyer's Agent in 2017
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25062688
APN: 7280-011-005
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