NOT LISTED FOR SALE

5310 Lime Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $1,139,000 - $1,389,000

8 Beds
8 Baths
3,596 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $530,000 $147 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,629/month

10 Days on Market

About This Home

As of June 2012

***STANDARD SALE!!*** Excellent Opportunity to Purchase Apartment Style 4-plex Income Property in a Wonderful Neighborhood! Very Large square footage...County Records shows 3596 sq ft!!! 2 bedroom/1.5 bath each unit. Rents are about $4,600/mo. total ($1,150 per unit). Upgraded Unit may rent for more! ***BRAND NEW PAINT, CARPET & APPLIANCES IN UNIT #4! Close to Great Parks and Schools! Quick response to all offers! Property has large lot and 4 car garage, one for each unit. **HURRY, WILL SELL FAST!**

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 05/22/2012

Last Buyer's Agent

Michelle Anthony

Lombardi Realty License #00594887

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,713

Parking

  • 4 Car Garage

Home Design

  • 3,596 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 4,713 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5470
  • Assessor Parcel Number 7130026014

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $4,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 7130026014
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 147.39

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace

Lot Info

  • Lot Size Sq Ft: 4713.00
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 55200.00
  • Lot Size Area: 4713.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 5470
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Jun 5, 2012
Sold by
Gb Inland Properties Ii Llc
Bought by
Nix Thomas E and Nix Susana
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Michelle Anthony
Lombardi Realty
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$1,317,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,055
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
May 22, 2012
Closed on
Apr 24, 2012
Sold by
Solorio Rigoberto
Bought by
Gb Inland Properties Ii Llc
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Michelle Anthony
Lombardi Realty
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Purchase Details

Closed on
Jan 9, 2007
Sold by
Crespo Luis
Bought by
Solorio Rigoberto and Solorio Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2004
Sold by
Solorio Maria Guadalupe
Bought by
Solorio Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 20, 2004
Sold by
Charif Alejandro S
Bought by
Crespo Luis and Solorio Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 4, 2002
Sold by
Castillo Honorio
Bought by
Charif Alejandro S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.4%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Brandt Arthur E
Bought by
Castillo Honorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,659
Interest Rate
7.42%
Mortgage Type
FHA
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
Nix Thomas E $530,000 Ticor Title
Gb Inland Properties Ii Llc $401,500 Accommodation
Solorio Rigoberto -- Lawyers Title
Solorio Rigoberto -- Investors Title Company
Crespo Luis $650,000 Investors Title Company
Charif Alejandro S $300,000 South Coast Title Company
Castillo Honorio $182,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solorio Rigoberto $562,500
Previous Owner Crespo Luis $585,000
Previous Owner Charif Alejandro S $240,000
Previous Owner Castillo Honorio $177,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2012 06/14/12 Sold $530,000 -3.5% $147 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $549,000 -- $153 / 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 $8,985 $665,699 $213,524 $452,175
2024 $8,985 $652,647 $209,338 $443,309
2023 $8,830 $639,851 $205,234 $434,617
2022 $8,303 $627,306 $201,210 $426,096
2021 $8,120 $615,007 $197,265 $417,742
2019 $8,004 $596,767 $191,415 $405,352
2018 $7,743 $585,066 $187,662 $397,404
2016 $7,114 $562,349 $180,376 $381,973
2015 $6,836 $553,903 $177,667 $376,236
2014 $6,803 $543,054 $174,187 $368,867
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rick Young

    Young Estate Services

    Section Image

  • M

    Buyer's Agent in 2012

    Michelle Anthony

    Lombardi Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12064570

California Regional Multiple Listing Service (CRMLS)

APN: 7130-026-014

California Los Angeles County Long Beach 90805 Lindbergh

5310 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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