NOT LISTED FOR SALE

5544 Linden Ave Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $705,000 - $801,157

3 Beds
2 Baths
1,444 Sq Ft
$516/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2015

Last sale price $444,000 $307 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,641 / mo

57 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Front Yard
  • No HOA

About This Home

As of December 2015

2 separate homes on 1 lot!!! Front house is a spacious 3 bedroom / 1 bathroom. Kitchen has tile floors, tile countertops and an eat in area. The open feel from living room to kitchen is perfect when entertaining and the 3 roomy bedrooms all have carpet floors. Upgrades have been made in the bathroom and it has separate tub and shower. Forced heat and wall A/C unit, private patio off the back bedroom and gigantic 2 car garage with laundry hook ups. The Back house is a well thought out studio that recently underwent a complete remodel. Brand new kitchen with tile floors, granite countertops and new cabinets. The bathroom also brand new with tile floors, new tub and shower enclosure and fixtures. The living area also brand new with carpet floors, Murphy bed and the interior and exterior are freshly painted. This studio comes with it's own 1 car garage and extra parking space, also includes stoves for both units. For the investors out there we have a CAP rate of 7.22% and positive cash flow with 25% down payment.

Last Agent to Sell the Property

Marvin Phillip

Y Realty License #01464525 Listed on: 09/24/2015

Last Buyer's Agent

Eva Garcia

RE/MAX TOP PRODUCERS License #01173932

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,952 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • 1,444 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry in Garage
  • Exterior Lighting
  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2737
  • Assessor Parcel Number 7127008007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $32,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,952 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 7.20
  • Inclusions: Stoves in both units
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7127008007
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 307.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4952.00
  • Price Per Lot Square Foot: 89.66
  • Lot Size Acres: 0.1140

Multi Family

  • Average3 Bed Area: 1124
  • Average Studio Area: 320
  • Gross Scheduled Income: 32160.00
  • Lot Size Area: 4952.0000 Square Feet
  • Net Operating Income: 32160.00
  • 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 Lot: 9
  • Tax Tract Number: 2737

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 2, 2015
Sold by
Bought by
Seller's Agent
Marvin Phillip
Y Realty
Buyer's Agent
Eva Garcia
RE/MAX TOP PRODUCERS
List Price
$444,900
Sold Price
$444,000
Premium/Discount to List
-$900
-0.2%
Current Estimated Value
$745,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,289
Avg. Annual Appreciation
5.03%
Original Mortgage
$431,420
Interest Rate
0.044%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
0.0587%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.0713%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$444,000 Chicago Title Company
$469,000 Ticor Title Co Glendale
-- North American Title Co
$136,000 Commonwealth Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $553,000
Closed $431,394
Closed $431,420
Previous Owner $375,200
Previous Owner $138,000
Previous Owner $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $444,000 -0.2% $307 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $444,900 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,104 $525,597 $205,975 $319,622
2024 $6,795 $515,292 $201,937 $313,355
2023 $6,679 $505,189 $197,978 $307,211
2022 $6,274 $495,285 $194,097 $301,188
2021 $6,147 $485,575 $190,292 $295,283
2020 $6,130 $480,597 $188,341 $292,256
2019 $6,058 $471,175 $184,649 $286,526
2018 $5,821 $461,937 $181,029 $280,908
2016 $5,433 $444,000 $174,000 $270,000
2015 $6,490 $550,546 $397,970 $152,576
2014 $6,447 $539,763 $390,175 $149,588
Source: Public Records

Agents Affiliated with this Home

  • Marvin Phillip

    Seller's Agent in 2015

    Marvin Phillip

    Y Realty

    (562) 207-8200

    32 Total Sales

    Marvin Phillip
    Section Image

  • E

    Buyer's Agent in 2015

    Eva Garcia

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15211110

California Regional Multiple Listing Service (CRMLS)

APN: 7127-008-007

California Los Angeles County Long Beach 90805 Dairy

5544 Linden Ave, Long Beach, CA

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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

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