NOT LISTED FOR SALE

5610 Myrtle Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $768,000 - $931,000

3 Beds
2 Baths
1,558 Sq Ft
$538/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $535,000 $343 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,045/month

13 Days on Market

Highlights

  • Private Yard
  • 2 Car Garage
  • Heating System Uses Natural Gas
  • Cooling System Mounted To A Wall/Window
  • Wood Fence

About This Home

As of March 2018

Great opportunity on this 2 on 1! Front house is a really good floor plan consisting of 2 bedrooms, 1 bath, a private rear yard, inside laundry, newer flooring & paint, and a 1 ½ car garage. The rear unit is situated above the garages and is a good floor plan as well consisting of 1 bedroom, 1 bath room, an enclosed porch that is being used as a 2nd bedroom, newer flooring & paint, a 1 car garage, a private laundry room, and copper plumbing. Each unit is separately metered for gas & electricity. Rents are very low due to long term tenants. All this makes this property a really good investment!

Last Agent to Sell the Property

Bob Shutts

Guardian Real Estate Group License #00887474 Listed on: 02/09/2018

Last Buyer's Agent

Gretta Sheffer Minnema

Re/Max College Park Realty License #00981062

Re/Max College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,503 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5965
  • Assessor Parcel Number 7127003014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7127003014
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 343.39

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 5503.00

Multi Family

  • Average1 Bed Area: 624 Square Feet
  • Average2 Bed Area: 934 Square Feet
  • 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 Census Tract: 5706.01
  • Tax Lot: 15
  • Tax Tract Number: 5965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Vong Julia S and Vong Nortie
Bought by
Vong Norite
Current Estimated Value
$837,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$335,902
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$501,912

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 19, 2018
Sold by
Wakirum Stanley and Waldrum Elaine G
Bought by
Vong Julia S and Vong Norite
Seller's Agent
Bob Shutts
Guardian Real Estate Group
Buyer's Agent
Gretta Sheffer Minnema
Re/Max College Park Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$401,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1995
Sold by
Waldrum Stanley and Waldrum Elaine G
Bought by
Waldrum Stanley and Waldrum Elaine G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vong Norite -- Landwood Title Company
Vong Julia S $535,000 Lawyers Title
Waldrum Stanley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vong Norite $380,000
Closed Vong Julia S $401,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $535,000 +1.9% $343 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $525,000 -- $337 / 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 $7,876 $608,734 $341,347 $267,387
2024 $7,876 $596,799 $334,654 $262,145
2023 $7,744 $585,098 $328,093 $257,005
2022 $7,189 $573,626 $321,660 $251,966
2021 $7,043 $562,379 $315,353 $247,026
2020 $7,024 $556,614 $312,120 $244,494
2019 $6,941 $545,700 $306,000 $239,700
2018 $3,020 $222,245 $79,968 $142,277
2016 $2,776 $213,616 $76,863 $136,753
2015 $2,670 $210,408 $75,709 $134,699
2014 $2,662 $206,287 $74,226 $132,061
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bob Shutts

    Guardian Real Estate Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18028366

California Regional Multiple Listing Service (CRMLS)

APN: 7127-003-014

California Los Angeles County Long Beach 90805 Lindbergh

5610 Myrtle Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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