NOT LISTED FOR SALE

5536 Lime Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $755,000 - $860,000

3 Beds
3 Baths
1,527 Sq Ft
$534/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $337,000 $221 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,737/month

11 Days on Market

About This Home

As of February 2013

***STANDARD SALE*** Excellent Opportunity to Purchase Apartment style Triplex Income Property in a Wonderful Long Beach Neighborhood! Very Large square footage...County Records states 1527 sq ft! Rents are $2425.00/month total! ***All three units ***CURRENTLY FULLY LEASED!!! ***CASHFLOWS FROM DAY ONE!!! Great Propety for any investor!

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 01/10/2013

Last Buyer's Agent

Ana Silva

REALTY WORLD CALIFORNIA PROP. License #00899768

REALTY WORLD CALIFORNIA PROP.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,022 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 1,527 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 5737
  • Assessor Parcel Number 7127010010

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,425

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7127010010
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 220.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5022.00
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 2425.00
  • Gross Scheduled Income: 29100.00
  • Lot Size Area: 5022.0000 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: 2425.00

Tax Info

  • Tax Lot: 70
  • Tax Tract Number: 5737
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Aleman Gabriel
Bought by
Gabriel Aleman Living Trust and Aleman
Current Estimated Value
$816,000

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jan 24, 2013
Sold by
Rancho Horizon Llc
Bought by
Aleman Gabriel
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ana Silva
REALTY WORLD CALIFORNIA PROP.
List Price
$379,000
Sold Price
$337,000
Premium/Discount to List
-$42,000
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$330,896
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2012
Sold by
Hiner Loyola
Bought by
Rancho Horizon Llc

Purchase Details

Closed on
Jul 24, 2006
Sold by
Hiner Loyola
Bought by
Hiner Loyola and Loyola Hiner Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Hiner Loyola
Bought by
Loyola Hiner Living Trust

Purchase Details

Closed on
Apr 5, 2004
Sold by
Brooks Dewahn
Bought by
Hiner Loyola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Gonzalez Guadalupe Leon
Bought by
Brooks Dewahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1997
Sold by
Leon Maria
Bought by
Gonzalez Guadalupe Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,471
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1995
Sold by
Wadley Melvin L and Wadley Sandra
Bought by
Gonzalez Guadalupe Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,454
Interest Rate
7.62%
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
Gabriel Aleman Living Trust -- None Listed On Document
Aleman Gabriel $337,000 Title 365
Rancho Horizon Llc $277,100 Accommodation
Hiner Loyola -- Accommodation
Hiner Loyola -- Orange Coast Title Company
Loyola Hiner Living Trust -- --
Hiner Loyola $360,000 Commonwealth Land Title Co
Brooks Dewahn $200,000 Southland Title
Gonzalez Guadalupe Leon -- Fidelity National Title Ins
Gonzalez Guadalupe Leon $129,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aleman Gabriel $330,896
Previous Owner Hiner Loyola $395,500
Previous Owner Hiner Loyola $260,000
Previous Owner Brooks Dewahn $196,910
Previous Owner Gonzalez Guadalupe Leon $130,471
Previous Owner Gonzalez Guadalupe Leon $127,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2013 02/14/13 Sold $337,000 -11.1% $221 / Sq Ft
01/21/2013 01/21/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $379,000 -- $248 / 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 $5,683 $414,980 $242,586 $172,394
2024 $5,683 $406,844 $237,830 $169,014
2023 $5,584 $398,867 $233,167 $165,700
2022 $5,253 $391,047 $228,596 $162,451
2021 $5,142 $383,380 $224,114 $159,266
2019 $4,985 $372,350 $217,467 $154,883
2018 $4,775 $365,056 $213,203 $151,853
2016 $4,395 $350,556 $204,925 $145,631
2015 $4,223 $345,291 $201,847 $143,444
2014 $4,205 $338,529 $197,894 $140,635
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Young

    Young Estate Services

    Section Image

  • A

    Buyer's Agent in 2013

    Ana Silva

    REALTY WORLD CALIFORNIA PROP.

    (323) 728-4200

    10 Total Sales

    Ana Silva
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13003802

California Regional Multiple Listing Service (CRMLS)

APN: 7127-010-010

California Los Angeles County Long Beach 90805 Lindbergh

5536 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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