C
Seller's Agent in 2025
Connie Wildasinn
WGroup Realtors
(562) 824-4846
22 Total Sales
SOLD SEP 21, 2023
RENTED JAN 2, 2025
4300 E 5th St Long Beach, CA 90814
Belmont Heights Neighborhood
9
Beds
8
Baths
4,393
Sq Ft
6,373
Sq Ft Lot
About This Home
As of September 2023Excellent investment opportunity in prime Long Beach. This charming Spanish style fourplex is conveniently located within a highly sought after school district and walking distance to everything, including the beach, multiple parks, public transportation and some of the best shops/restaurants. Plus it’s only a short drive to CSULB and the downtown area. Unit 1 offers 3 beds, 2 baths and 1,542 sf. Unit 2 offers 2 beds, 2 baths and 924 sf. And the remaining two units are identical, offering 2 beds, 2 baths and 913 sf. Each unit has a designated garage space and there is communal laundry on site.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,926
Year Built
- Built in 1968
Lot Details
- 6,373 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 7 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4,393 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 1 / B
- Tax Tract Number 577
- Assessor Parcel Number 7255037014
Community Details
Overview
- 4 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,823
- Insurance Expense $2,245
- Maintenance Expense $12,035
- Professional Management Expense $4,808
- Water Sewer Expense $616
- Operating Expense $21,793
- Gross Income $79,567
- Net Operating Income $57,774
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 6, 2025
Sold by
Reyes Roy
Bought by
4300 East 5Th Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Outstanding Balance
$905,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$971,280
Purchase Details
Listed on
Aug 7, 2023
Closed on
Oct 11, 2023
Sold by
Reyes Roy and Reyes Melissa
Bought by
4300 East 5Th Llc
Seller's Agent
Dennis Chernov
The Agency
Buyer's Agent
Steven Ejiofor
The Agency
List Price
$1,495,000
Sold Price
$1,527,000
Premium/Discount to List
$32,000
2.14%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$916,200
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 7, 2023
Closed on
Aug 30, 2023
Sold by
Nicholas S Argyres Revocable Living Trus and Trust Of Zoe Hunter
Bought by
Reyes Roy and Reyes Melissa
Seller's Agent
Dennis Chernov
The Agency
Buyer's Agent
Steven Ejiofor
The Agency
List Price
$1,495,000
Sold Price
$1,527,000
Premium/Discount to List
$32,000
2.14%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,200
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2018
Sold by
Nicholas And Zoe Argyres Llc
Bought by
The Nicholas Argyes Revocbale Trust
Purchase Details
Closed on
Feb 5, 2013
Sold by
Argyres Nicholas S and Raphael Hanson Living Trust
Bought by
Argyres Nicholas S and Argyres Laura I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2012
Sold by
Argyres Nicholas S and Raphael Hanson Living Trust
Bought by
Argyres Nicholas S and Nicholas S Argyres Revocable Living Trus
Purchase Details
Closed on
Feb 23, 2004
Sold by
Hanson Raphael M
Bought by
Hanson Raphael M and The Raphael Hanson Living Trust
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 | -- | -- | |
| Grant Deed | -- | Wfg Title Company | |
| Grant Deed | -- | Wfg Title Company | |
| Quit Claim Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $1,527,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lsi | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $905,000 | New Conventional | |
| Previous Owner | $916,200 | New Conventional | |
| Previous Owner | $288,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2025 01/02/25 | Rented | $290 | 0.0% | -- |
| 12/22/2024 12/22/24 | Price Changed | $290 | -3.3% | $0 / Sq Ft |
| 12/11/2024 12/11/24 | For Rent | $300 | 0.0% | -- |
| 09/21/2023 09/21/23 | Sold | $1,527,000 | +2.1% | $348 / Sq Ft |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | For Sale | $1,495,000 | -- | $340 / 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 | $19,926 | $1,557,540 | $1,020,000 | $537,540 |
| 2024 | $19,926 | $1,527,000 | $1,000,000 | $527,000 |
| 2023 | $14,663 | $1,100,749 | $769,343 | $331,406 |
| 2022 | $13,772 | $1,079,166 | $754,258 | $324,908 |
| 2021 | $13,487 | $1,058,007 | $739,469 | $318,538 |
| 2020 | $13,451 | $1,047,159 | $731,887 | $315,272 |
| 2019 | $13,295 | $1,026,628 | $717,537 | $309,091 |
| 2018 | $12,891 | $1,006,499 | $703,468 | $303,031 |
| 2016 | $11,845 | $967,417 | $676,152 | $291,265 |
| 2015 | $11,372 | $952,886 | $665,996 | $286,890 |
| 2014 | $11,300 | $934,222 | $652,951 | $281,271 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2023
Dennis Chernov
The Agency
(818) 432-1524
1 in this area
492 Total Sales
-
Buyer's Agent in 2023
Steven Ejiofor
The Agency
(818) 380-5100
1 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23145811
APN: 7255-037-014
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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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