NOT LISTED FOR SALE

5375 Pacific Ave Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $603,000 - $736,321

2 Beds
2 Baths
1,300 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $425,000 $327 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,080/month

35 Days on Market

About This Home

As of November 2017

WOW!WOW!WOW! Opportunity to own income property for the price of single family residential (SFR) in upcoming Uptown in North Long Beach that is booming with new retail establishments, local parks, schools, & minutes to downtown LB and convenient freeway access. This property has plenty of upgrades: newer roof, dual pane vinyl windows, newer stucco and tons beautiful curb appeal. Priced to sell; will not last long! Front house is currently being used as 2 bedroom & 1 bath (has bonus room).

Last Agent to Sell the Property

tony yepez

ReMax College Park Realty License #01290066 Listed on: 09/15/2017

ReMax College Park Realty

Last Buyer's Agent

Iris Castillo

New Chapter Realty License #01192287

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2,761 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,300 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 7132009013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7132009013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 326.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2761.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5717.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Gallegos James W and Ramos Crystal Guadalupe
Bought by
Osequcil Jose Rico
Current Estimated Value
$680,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,317
Outstanding Balance
$622,799
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$57,531

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 13, 2017
Sold by
Martinez Francisco
Bought by
Gallegos James W and Ramos Crytal Guadalupe
Seller's Agent
tony yepez
ReMax College Park Realty
Buyer's Agent
Iris Castillo
New Chapter Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$410,815
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2001
Sold by
Martinez Zulma
Bought by
Martinez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2001
Sold by
Saenz Raul
Bought by
Rueda Gonzalez Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2001
Sold by
Rueda Gonzalez Marisela
Bought by
Martinez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 1996
Sold by
Elliott Della B
Bought by
Rueda Gonzalez Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,727
Interest Rate
8.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1995
Sold by
Elliott Della B
Bought by
Elliott Della B and Della B Elliott Separate Property Trust
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
Osequcil Jose Rico $645,000 Pacific Coast Title Company
Gallegos James W $425,000 Pacific Coast Title Co
Martinez Francisco -- South Coast Title
Rueda Gonzalez Marisela -- South Coast Title
Martinez Francisco $135,000 South Coast Title
Rueda Gonzalez Marisela $94,500 South Coast Title
Elliott Della B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osequcil Jose Rico $633,317
Previous Owner Gallegos James W $410,815
Previous Owner Martinez Francisco $132,914
Previous Owner Rueda Gonzalez Marisela $93,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $425,000 0.0% $327 / Sq Ft
09/15/2017 09/15/17 For Sale $425,000 -- $327 / 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 $6,272 $657,900 $204,000 $453,900
2024 $6,272 $474,091 $250,990 $223,101
2023 $6,165 $464,796 $246,069 $218,727
2022 $5,788 $455,684 $241,245 $214,439
2021 $5,672 $446,750 $236,515 $210,235
2020 $5,657 $442,170 $234,090 $208,080
2019 $5,591 $433,500 $229,500 $204,000
2018 $5,430 $425,000 $225,000 $200,000
2017 $2,389 $171,827 $82,730 $89,097
2016 $2,223 $168,458 $81,108 $87,350
2015 $2,138 $165,928 $79,890 $86,038
2014 $2,133 $162,679 $78,326 $84,353
Source: Public Records

Agents Affiliated with this Home

  • tony yepez

    Seller's Agent in 2017

    tony yepez

    RE/MAX

    (562) 712-9631

    1 in this area

    29 Total Sales

    tony yepez
    Section Image

  • I

    Buyer's Agent in 2017

    Iris Castillo

    New Chapter Realty

    (562) 659-8931

    1 in this area

    10 Total Sales

    Iris Castillo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17214246

California Regional Multiple Listing Service (CRMLS)

APN: 7132-009-013

California Los Angeles County Long Beach 90805 Sutter

5375 Pacific Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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