NOT LISTED FOR SALE

5000 Pacific Ave Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $978,000 - $1,145,000

4 Beds
3 Baths
2,021 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $890,000 $440 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,472/month

80 Days on Market

Highlights

  • No Units Above
  • No HOA
  • 4-minute walk to C David Molina Park
  • Corner Lot
  • Laundry Room

About This Home

As of September 2021

BEAUTIFUL NORTH LONG BEACH TRIPLEX ON A LARGE LOT 8364 SQUARE FEET, BACK UNIT IS 2 BEDROOM ONE BATH, FRONT UNITS ARE 1 BEDROOM 1 BATH EACH, OLD TENANTS, RENT HAS NEVER BEEN RAISED FOR 12 YRS. 4 CAR GARAGE AND PLENTY OF PARKING IN FRONT ON DRIVEWAY.NEWER WINDOWS THROUGHOUT. PLEASE NOTE PROPERTY IS FULLY OCCUPIED DO NOT DISTURB.

Last Agent to Sell the Property

Yolla Zogheib

Century 21 Masters License #01033743 Listed on: 05/04/2021

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,365 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 2,021 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 15 / 4
  • Tax Tract Number 6522
  • Assessor Parcel Number 7132027026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $200
  • New Taxes Expense $11,375
  • Operating Expense $6,000
  • Gross Income $33,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7132027026
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Price Per Square Foot: 440.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 8365.00
  • Lot Size Acres: 0.1920

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 8365.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • New Taxes Expense: 11375.00
  • Tax Block: 4
  • Tax Census Tract: 5717.01
  • Tax Lot: 15
  • Tax Tract Number: 6522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2010
Sold by
Landelius Carmen
Bought by
Landelius Carmen Cida and The Landelius Family Trust
Current Estimated Value
$1,068,710

Purchase Details

Closed on
Feb 17, 1999
Sold by
Landelius Erik and The Landelius Family Trust
Bought by
Landelius Erik and Landelius Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
6.77%

Purchase Details

Closed on
Apr 8, 1996
Sold by
Landelius Erik and Landelius Carmen
Bought by
Landelius Erik and Landelius Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Landelius Carmen Cida -- None Available
Landelius Erik -- First American Title Co
Landelius Erik -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Landelius Erik $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $890,000 -2.2% $440 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $910,000 -- $450 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,666 $944,475 $530,604 $413,871
2024 $10,123 $925,956 $520,200 $405,756
2023 $10,019 $907,800 $510,000 $397,800
2022 $9,509 $890,000 $500,000 $390,000
2021 $3,527 $239,226 $83,677 $155,549
2019 $3,479 $232,133 $81,196 $150,937
2018 $3,269 $227,582 $79,604 $147,978
2016 $3,010 $218,747 $76,514 $142,233
2015 $2,899 $215,462 $75,365 $140,097
2014 $2,898 $211,242 $73,889 $137,353
Source: Public Records

Agents Affiliated with this Home

  • Yolla Zogheib

    Seller's Agent in 2021

    Yolla Zogheib

    Century 21 Masters

    (909) 261-0624

    1 in this area

    38 Total Sales

    Yolla Zogheib
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21094022

California Regional Multiple Listing Service (CRMLS)

APN: 7132-027-026

California Los Angeles County Long Beach 90805 Sutter

5000 Pacific Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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