NOT LISTED FOR SALE

5455 Cerritos Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $762,000 - $901,000

3 Beds
2 Baths
1,520 Sq Ft
$550/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $353,000 $232 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,997/month

58 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Ceramic Countertops
  • Traditional Architecture
  • 3 Car Direct Access Garage
  • Heating System Uses Natural Gas

About This Home

As of September 2012

FRONT HOUSE IS 5457 CERRITOS,BACK HOUSE IS 5455 CERRRITOS,DO NOT CALL BEFORE 10:AM TO SCHEDULE SHOWING,VERY SHARP AND CLEAN UNITS ,FRONT UNIT IS LARGE 2 BED 1 BATH UNIT WITH 1 CAR GARAGE,LARGE LIVING ROOM,ORIGINAL BUT IMMACULATE CONDITION,GOOD SIZE SUPER CLEAN KITCHEN WITH STOVE,FRIDGE,WASHER AND DRYER IN GARAGE OF FRONT UNIT, VERY SHARP AND CLEAN BATH ROOM,2 GOOD SIZED BEDROOMS,NICE PORCH ON BACK OF FRONT HOME,GREAT FOR RELAXING AND BARBQING,ALSO 220 WALL A/C IN FRONT UNIT,BACK HOME HAS LOTS OF CHARM AND CHARACTER WITH LOTS OF BUILTINS,BOOK SHELVES AND DRAWERS,DINING AREA,MURPHY BED AREA IN LIVING ROOM PLUS A VERY NICE OFFICE,NICE KITCHEN WITH LOTS OF CABINET SPACE,DRAWERS AND PANTRY,NICE BEDROOM WITH REMODELED BATH WITH NEW FIXTURES,ALL NEW PAINT IN AND OUTSIDE BOTH UNITS,BACK HOME ALSO HAS WINDOW A/C,110 VOLT,1 CAR CARPORT AND 1 CAR GARAGE FOR BACK HOUSE PLUS VERY NICE AND SECURE WOODEN SLIDING GATE,COVERED PATIO OFF OF BACK HOUSE,NEWER HEATER IN BOTH HOUSES.THANKS FOR SHOWING!!!

Last Agent to Sell the Property

Karl Luecke

RE/MAX College Park Realty License #01126558 Listed on: 06/05/2012

Last Buyer's Agent

RAYMOND LLAMAS

First Team Real Estate License #01386757

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1954

Lot Details

  • 4,279 Sq Ft Lot
  • Property fronts an alley

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • City Lights Views

Kitchen

  • Gas Oven or Range
  • Range
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Front Facing Garage
  • Rear-Facing Garage

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 8 / H
  • Tax Tract Number 8281
  • Assessor Parcel Number 7128003008

Community Details

Overview

  • 2 Buildings

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $500
  • Gardener Expense $240
  • Insurance Expense $800
  • Pest Control $150
  • Trash Expense $100
  • Water Sewer Expense $300
  • New Taxes Expense $1,400
  • Gross Income $2,500
  • Net Operating Income $30,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,712

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.44
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 300.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 7128003008
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 232.24

Exterior Features

  • View: City Lights
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Gas Water Heater, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Included
  • Pest Control Expense: 150.00
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4279.00
  • Lot Size Acres: 0.0980

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 2500.00
  • Gross Multiplier: 11.26
  • Gross Scheduled Income: 32400.00
  • Gross Spendable Income: 30000.00
  • Insurance Expense: 800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4279.0000 Square Feet
  • Maintenance Percent: 40.00
  • Net Operating Income: 30780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Carpet: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Refrigerator: 1
  • Operating Expense: 1620.00
  • Operating Expense Percent: 5.00

Tax Info

  • New Taxes Expense: 1400.00
  • Tax Area: 4992
  • Tax Block: H
  • Tax Lot: 8
  • Tax Tract Number: 8281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2013
Sold by
Ramirez Elizabeth and Banda Ysaura A
Bought by
Ramirez Louis R and Ramirez Elizabeth
Current Estimated Value
$836,128

Purchase Details

Listed on
Jun 5, 2012
Closed on
Oct 12, 2012
Sold by
Ramirez Louis R
Bought by
Ramirez Elizabeth
Seller's Agent
Karl Luecke
RE/MAX College Park Realty
Buyer's Agent
RAYMOND LLAMAS
First Team Real Estate
List Price
$399,900
Sold Price
$353,000
Premium/Discount to List
-$46,900
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Jun 5, 2012
Closed on
Aug 7, 2012
Sold by
Salter Joseph Bryan
Bought by
Banda Ysaura A and Ramirez Elizabeth
Seller's Agent
Karl Luecke
RE/MAX College Park Realty
Buyer's Agent
RAYMOND LLAMAS
First Team Real Estate
List Price
$399,900
Sold Price
$353,000
Premium/Discount to List
-$46,900
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.25%
Mortgage Type
FHA
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
Ramirez Louis R -- Accommodation
Ramirez Elizabeth -- Old Republic Title Company
Banda Ysaura A $349,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banda Ysaura A $338,751
Previous Owner Salter Joseph Bryan $188,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $353,000 -11.7% $232 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $399,900 -- $263 / 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 $5,712 $430,372 $184,090 $246,282
2024 $5,712 $421,934 $180,481 $241,453
2023 $5,616 $413,662 $176,943 $236,719
2022 $5,279 $405,552 $173,474 $232,078
2021 $5,170 $397,601 $170,073 $227,528
2020 $5,156 $393,525 $168,330 $225,195
2019 $5,097 $385,810 $165,030 $220,780
2018 $4,896 $378,246 $161,795 $216,451
2016 $4,503 $363,560 $155,513 $208,047
2015 $4,325 $358,100 $153,178 $204,922
2014 $4,301 $351,086 $150,178 $200,908
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Karl Luecke

    RE/MAX

  • R

    Buyer's Agent in 2012

    RAYMOND LLAMAS

    First Team Real Estate

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P824394

California Regional Multiple Listing Service (CRMLS)

APN: 7128-003-008

California Los Angeles County Long Beach 90805 Lindbergh

5455 Cerritos Ave, Long Beach, CA

This home is located at 5455 Cerritos Ave, Long Beach, CA 90805 since 05 June 2012 and is currently estimated at $836,128, approximately $550 per square foot. This property was built in 1954. 5455 Cerritos Ave is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

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