NOT LISTED FOR SALE

5416 Lime Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $928,000 - $1,081,835

6 Beds
3 Baths
2,016 Sq Ft
$501/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $820,000 $407 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,280/month

33 Days on Market

About This Home

As of December 2020

A Fabulous Investment Opportunity * This Gorgeous well Maintain Home is Now Available * This Triplex has Two Buildings on a Lot * Located in a Quiet Neighborhood * Front Home Features 2 Bedrooms, 1 Bath and has been Beautifully Upgraded * Washer & Dryer Connections * Includes a Garage and Driveway Parking * Front Yard * Possible Approval on an ADU – Accessory Dwelling Unit * This Spanish SFR has a Two Story Duplex in the Rear * All Three Units are 2 Bedroom, 1 Bathroom * Separately Metered for Electrical and Gas * Rear Gated Units have Two Assigned Parking Spaces Each * Enclosed Backyard for the Rear Units * Minutes to Downtown Long Beach, Local Beaches * Close to all Major Freeways the 405, 91, and 710 * Location near Schools, Parks, Bixby Knolls, Restaurants, Medical Facilities, Shopping, and more…

Last Agent to Sell the Property

Ronko Tomich

Realty One Group West License #00801280 Listed on: 09/22/2020

Realty One Group West

Last Buyer's Agent

Tyler Rogina

Compass License #01925584

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,592 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 13 / C
  • Tax Tract Number 5470
  • Assessor Parcel Number 7127019013

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • North Long Beach Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBCNR
  • Property Type: Residential Income
  • Parcel Number: 7127019013
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 406.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5592.00
  • Lot Size Acres: 0.1284

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 5592.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4955.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5706.01
  • Tax Lot: 13
  • Tax Tract Number: 5470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2006
Sold by
Lime & 4Th Properties Llc
Bought by
Morton Danielle
Current Estimated Value
$1,010,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$260,183
Interest Rate
6.39%
Mortgage Type
Stand Alone First
Estimated Equity
$750,026

Purchase Details

Closed on
Feb 8, 2006
Sold by
Morton Danielle
Bought by
Lime & 4Th Properties Llc

Purchase Details

Closed on
Dec 12, 2005
Sold by
Lime & 4Th Properties Llc
Bought by
Morton Danielle

Purchase Details

Closed on
Jul 11, 2005
Sold by
Morton Danielle and The Danielle Morton Revocable
Bought by
Lime & 4Th Properties Llc

Purchase Details

Closed on
Jan 23, 2002
Sold by
Shofner Harold James and Shofner Harold
Bought by
Morton Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.15%

Purchase Details

Closed on
May 13, 1997
Sold by
World S & L Assn Fsla
Bought by
Shofner Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,755
Interest Rate
8.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 1996
Sold by
Rand William W and World S & L Assn Fsla
Bought by
World S & L Assn Fsla
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
Morton Danielle -- Provident Title Company
Lime & 4Th Properties Llc -- None Available
Morton Danielle -- --
Lime & 4Th Properties Llc -- --
Morton Danielle -- --
Morton Danielle $190,000 Landsafe Title
Shofner Harold $152,000 Fidelity National Title Co
World S & L Assn Fsla $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Danielle $440,000
Previous Owner Morton Danielle $171,000
Previous Owner Shofner Harold $136,755
Closed Morton Danielle $9,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $820,000 0.0% $407 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $820,000 0.0% $407 / Sq Ft
10/15/2020 10/15/20 Price Changed $820,000 +1.2% $407 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $810,000 -- $402 / 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 $11,965 $887,593 $346,377 $541,216
2024 $11,443 $870,190 $339,586 $530,604
2023 $11,250 $853,128 $332,928 $520,200
2022 $10,562 $836,400 $326,400 $510,000
2021 $10,351 $820,000 $320,000 $500,000
2020 $3,579 $256,632 $128,316 $128,316
2019 $3,537 $251,600 $125,800 $125,800
2018 $3,378 $246,668 $123,334 $123,334
2016 $3,104 $237,092 $118,546 $118,546
2015 $2,987 $233,532 $116,766 $116,766
2014 $2,981 $228,958 $114,479 $114,479
Source: Public Records

Agents Affiliated with this Home

  • Ronko Tomich

    Seller's Agent in 2020

    Ronko Tomich

    Realty One Group West

    (714) 698-5300

    17 Total Sales

    Ronko Tomich
    Section Image
  • Tyler Rogina

    Buyer's Agent in 2020

    Tyler Rogina

    Compass

    (562) 999-1885

    130 Total Sales

    Tyler Rogina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20198097

California Regional Multiple Listing Service (CRMLS)

APN: 7127-019-013

California Los Angeles County Long Beach 90805 Lindbergh

5416 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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