NOT LISTED FOR SALE

5609 E Seaside Walk Long Beach, CA 90803

Peninsula Neighborhood

Estimated Value: $1,928,265 - $2,750,000

4 Beds
4 Baths
2,208 Sq Ft
$1,120/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $2,080,000 $942 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,241/month

131 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Laundry Room
  • Naples Bayside Academy Rated A
  • No HOA
  • Bike Trail

About This Home

As of September 2020

Rare duplex on the boardwalk overlooking the beach, Catalina, downtown Long Beach city lights and buildings. Volleyball courts out front. 2970 SQ.FT. lot per title. 2 bedroom 2 bath unit upstairs. 2 bedroom 2 bath unit downstairs. Rare duplex with lowest listed price on the water. Parking located in rear, via the easement alley between the 2 houses on 56th Place for easy access. 4 or more parking spaces are in the rear of this duplex. Rare opportunity to build onto upstairs duplex, or remodel to single family home, or build your dream house. The Peninsula allows three stories.

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 02/28/2020

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 02/28/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 2,970 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Duplex

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 2 / 34
  • Tax Tract Number 5775
  • Assessor Parcel Number 7245017013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7245017013
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2208.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 942.03
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Watersports, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2970.00
  • Lot Size Acres: 0.0682

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2970.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 34
  • Tax Census Tract: 5775.04
  • Tax Lot: 2
  • Tax Tract Number: 5775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Assad Youanness R and The Assad Family Living Trust
Bought by
Ncl Security Llc
Current Estimated Value
$2,473,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1997
Sold by
Josephine S Gumbiner Trust and Alis
Bought by
Assad Youanness

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.23%
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
Ncl Security Llc $2,080,000 Ticor Title
Assad Youanness $70,454 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ncl Security Llc $248,000
Previous Owner Assad Youanness $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $2,080,000 -7.5% $942 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/14/2020 06/14/20 Price Changed $2,249,000 0.0% $1,019 / Sq Ft
04/04/2020 04/04/20 Price Changed $2,249,900 -10.0% $1,019 / Sq Ft
02/28/2020 02/28/20 For Sale $2,499,000 -- $1,132 / 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 $27,867 $2,251,457 $1,948,377 $303,080
2024 $27,867 $2,207,312 $1,910,174 $297,138
2023 $27,408 $2,164,032 $1,872,720 $291,312
2022 $25,696 $2,121,600 $1,836,000 $285,600
2021 $25,215 $2,080,000 $1,800,000 $280,000
2020 $9,639 $766,508 $584,011 $182,497
2019 $9,527 $751,479 $572,560 $178,919
2018 $9,257 $736,745 $561,334 $175,411
2016 $8,510 $708,138 $539,538 $168,600
2015 $8,166 $697,502 $531,434 $166,068
2014 $8,107 $683,839 $521,024 $162,815
Source: Public Records

Agents Affiliated with this Home

  • Larry Boren

    Seller's Agent in 2020

    Larry Boren

    LB Brokerage, Inc

    (562) 900-3888

    9 Total Sales

    Larry Boren
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20044348

California Regional Multiple Listing Service (CRMLS)

APN: 7245-017-013

California Los Angeles County Long Beach 90803 Peninsula

5609 E Seaside Walk, Long Beach, CA

Not Listed for Sale

MultiFamily

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