NOT LISTED FOR SALE

5111 Long Beach Ave Vernon, CA 90058

Central Alameda Neighborhood

Estimated Value: $949,234

4 Beds
4 Baths
4,232 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2017

Last sale price $625,000 $148 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,317 / mo

324 Days on Market

About This Home

As of August 2017

BACK ON THE MARKET, PLEASE REVIEW AGENT REMARKS, GREAT OPPORTUNITY COMMERCIAL AND RESIDENTIAL MIX, ONE UNIT IS GROCERY STORE, CURRENT USE AS STORAGE, PLUS 4 APARTMENTS OF ONE BEDROOM ONE BATH EACH, GOOD LOCATION MONEY MAKER INCOME PROPERTY, CLOSE TO DOWNTOWN, MINUTES TO STAPLE CENTER AND USC.

Last Agent to Sell the Property

Daniel Diaz

First Family Homes License #01148097 Listed on: 09/15/2016

Last Buyer's Agent

Carlos Sandoval

SAND MANAGEMENT GROUP License #01775040

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,242 Sq Ft Lot
  • No Common Walls
  • Land Lease

Home Design

  • 4,232 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 2288
  • Assessor Parcel Number 5106026032

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $3,200
  • New Taxes Expense $4,129
  • Operating Expense $8,629
  • Gross Income $51,900
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,242 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3200.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5106026032
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 147.68

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6242.00

Multi Family

  • Gross Income: 51900.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 4500.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 3200.00
  • Rent Control: Yes
  • Total Expenses: 8628.50

Tax Info

  • New Taxes Expense: 4128.50
  • Tax Census Tract: 2288.00
  • Tax Lot: 62
  • Tax Tract Number: 2288

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Bought by
Current Estimated Value
$949,234

Purchase Details

Listed on
Sep 15, 2016
Closed on
Jul 27, 2017
Sold by
Bought by
Seller's Agent
Daniel Diaz
First Family Homes
Buyer's Agent
Carlos Sandoval
SAND MANAGEMENT GROUP
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Listed on
Sep 15, 2016
Closed on
Jul 14, 2017
Sold by
Bought by
Seller's Agent
Daniel Diaz
First Family Homes
Buyer's Agent
Carlos Sandoval
SAND MANAGEMENT GROUP
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%

Purchase Details

Closed on
Jan 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Alameda, CA

  • Robert Deponte Real Estate Agent - EXCELLENCE RE REAL ESTATE

    Robert Deponte

    EXCELLENCE RE REAL ESTATE

    (562) 655-7841

    44 Total Sales

    1 in Central Alameda

    $550,000 Price

    Robert Deponte
     Section Image
  • JORGE VITERI Real Estate Agent - CALIFORNIA HOME SERVICES

    JORGE VITERI

    CALIFORNIA HOME SERVICES

    (909) 235-7017

    34 Total Sales

    2 in Central Alameda

    $695,000 Price Range

    JORGE VITERI
     Section Image
  • Genaro Robles Real Estate Agent - RBS Realty

    Genaro Robles

    RBS Realty

    (818) 418-1908

    109 Total Sales

    2 in Central Alameda

    $520,000 Price Range

    Genaro Robles
     Section Image
  • Pablo Cornejo Real Estate Agent - KW The Lakes

    Pablo Cornejo

    KW The Lakes

    (562) 418-5197

    37 Total Sales

    1 in Central Alameda

    $485,000 Price

    Pablo Cornejo
     Section Image
  • Erica Walden Real Estate Agent - Compass

    Erica Walden

    Responds Quickly

    Compass

    (424) 372-0972

    39 Total Sales

    1 in Central Alameda

    $776,000 Price

    Erica Walden
     Section Image
  • Venny Saucedo Real Estate Agent - eXp Realty of Greater L.A

    Venny Saucedo

    eXp Realty of Greater L.A

    (424) 349-4410

    45 Total Sales

    1 in Central Alameda

    $765,000 Price

    Venny Saucedo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
$625,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- --
$360,000 Investors Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $625,000 -7.4% $148 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $675,000 0.0% $159 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
12/27/2016 12/27/16 Price Changed $675,000 -6.1% $159 / Sq Ft
09/15/2016 09/15/16 For Sale $719,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,080 $1,039,983 $721,621 $318,362
2024 $12,906 $1,019,592 $707,472 $312,120
2023 $12,663 $999,600 $693,600 $306,000
2022 $8,475 $670,123 $402,074 $268,049
2021 $8,354 $656,985 $394,191 $262,794
2019 $8,113 $637,500 $382,500 $255,000
2018 $7,952 $625,000 $375,000 $250,000
2016 $6,306 $494,769 $232,838 $261,931
2015 $6,218 $487,338 $229,341 $257,997
2014 $6,248 $477,793 $224,849 $252,944
Source: Public Records

Agents Affiliated with this Home

  • Daniel Diaz Real Estate Agent - First Family Homes

    Seller's Agent in 2017

    Daniel Diaz

    First Family Homes

    (562) 843-4887

    2 in this area

    22 Total Sales

    Daniel Diaz
    Section Image

  • C

    Buyer's Agent in 2017

    Carlos Sandoval

    SAND MANAGEMENT GROUP

    (818) 652-9817

    10 Total Sales

    Carlos Sandoval
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16702909

California Regional Multiple Listing Service (CRMLS)

APN: 5106-026-032

California Los Angeles County Vernon 90011 Central Alameda

5111 Long Beach Ave, Vernon, CA

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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