NOT LISTED FOR SALE

5017 Pacific Ave Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $875,991 - $1,011,000

6 Beds
3 Baths
2,034 Sq Ft
$461/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $485,000 $238 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,740/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Two Homes on a Lot
  • Wood Flooring
  • No HOA
  • 4-minute walk to C David Molina Park

About This Home

As of January 2015

Amazing opportunity for investors or first time buyers! 2 separate houses in one lot on a quiet street close to fwy, blue line Metro Station, restaurants and stores! Front unit has 3 bedrooms and 1 bath, big living room and kitchen with tile floors.
Back unit has 3 bedrooms, 2 baths, living room with fire place, separate dining room and big kitchen. Each unit has one car garage.
Back unit has new painting and new hardwood floors in bedrooms. Both units are ready to move in.
One block away of Perry Lindsey Academy (home of the Falcons) walking distance to elementary, middle school and high school.

Last Agent to Sell the Property

Analia Bortolo

Luxury Collective License #01502352 Listed on: 12/06/2014

Last Buyer's Agent

Analia Bortolo

Luxury Collective License #01502352 Listed on: 12/06/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,652

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 6,580 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,034 Sq Ft Home
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Ceramic Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Mirrored Closets Doors
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 6522
  • Assessor Parcel Number 7132024011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Insurance Expense $100
  • Trash Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $470
  • Gross Income $39,600
  • Net Operating Income $35,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,652

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: stove in back unit.
  • Other Phone Description: 8189150057
  • Other Phone Number: 8189150057
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 150.00
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7132024011
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 238.45
  • Room Type: Bonus Room, Family Room, Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Door Opener, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6580.00
  • Lot Size Acres: 0.1510

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 180.00
  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6580.0000 Square Feet
  • Net Operating Income: 35150.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 470.00
  • Tax Lot: 11
  • Tax Tract Number: 6522
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2014
Closed on
Jan 27, 2015
Sold by
Santana Roberto and Santana Paola V
Bought by
Urrutia Sonia M and Urrutia Jonathan
Seller's Agent
Analia Bortolo
Luxury Collective
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Current Estimated Value
$938,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,248
Avg. Annual Appreciation
5.77%
Original Mortgage
$295,000
Outstanding Balance
$226,523
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$654,163

Purchase Details

Closed on
Sep 24, 2014
Sold by
Santana Roberto and Santana Rosa Isabel
Bought by
Santana Robert and Santana Paola V
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Urrutia Sonia M $465,000 Fidelity National Title
Santana Robert -- Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urrutia Sonia M $295,000
Previous Owner Santana Roberto $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $485,000 +7.8% $238 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/06/2014 12/06/14 For Sale $450,000 -- $221 / 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 $7,652 $582,886 $276,420 $306,466
2024 $7,652 $571,457 $271,000 $300,457
2023 $7,525 $560,253 $265,687 $294,566
2022 $7,072 $549,269 $260,478 $288,791
2021 $6,929 $538,500 $255,371 $283,129
2020 $6,911 $532,979 $252,753 $280,226
2019 $6,831 $522,530 $247,798 $274,732
2018 $6,554 $512,286 $242,940 $269,346
2016 $6,025 $492,395 $233,507 $258,888
2015 $2,537 $203,314 $70,495 $132,819
2014 $2,529 $199,333 $69,115 $130,218
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Analia Bortolo

    Luxury Collective

    (818) 915-0057

    46 Total Sales

    Analia Bortolo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14254909

California Regional Multiple Listing Service (CRMLS)

APN: 7132-024-011

California Los Angeles County Long Beach 90805 Sutter

5017 Pacific Ave, Long Beach, CA

This home is located at 5017 Pacific Ave, Long Beach, CA 90805 since 06 December 2014 and is currently estimated at $938,248, approximately $461 per square foot. This property was built in 1945. 5017 Pacific Ave is a home located in Los Angeles County with nearby schools including Dooley Elementary School, Jordan High School, and Oakwood Academy Elementary.

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

Nearby Homes