NOT LISTED FOR SALE

5642 Walnut Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $738,000 - $916,480

4 Beds
1 Bath
800 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $650,000 $812 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,389/month

Highlights

  • No Units Above
  • Corner Lot
  • Beamed Ceilings
  • City Lights View
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2021

Corner lot in a sought out Long Beach neighborhood. This studio back unit is right across the street from Harte Elementary school perfect for a family with a young child. This oversized studio features updated tile floors throughout and separate rooms for the walk-in shower and toilet with a lot of storage room. In addition, it features a backyard perfect for entertaining. The owner plans on turning the studio into a two bedroom unit down the line if the tenant desires.

Last Agent to Rent the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 11/09/2021

Century 21 Allstars

Last Renter's Agent

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 11/09/2021

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 1939

Lot Details

  • 6,981 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition
  • Corner Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Studio
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 800 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • City Lights Views
  • Range Hood

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Agricultural Well Water Source
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,875
  • Rent includes all utilities
  • 12-Month Minimum Lease Term
  • Available 12/1/21
  • Tax Lot 248
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128024023

Community Details

Overview

  • No Home Owners Association
  • $1,875 HOA Transfer Fee
  • North Long Beach Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,048

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent
  • Available Date: 2021-12-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1875
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 3750.00
  • Transfer Fees: 1875.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Bungalow
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 7128024023
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Ground 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.16

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Range Hood
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Agricultural Well
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 6981.00
  • Lot Size Acres: 0.1603

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6981.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Census Tract: 5706.02
  • Tax Lot: 248
  • Tax Tract Number: 5464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Sanchez Luther
Bought by
Sanchez Luther and Sanchez Anna
Current Estimated Value
$850,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$459,343
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$391,277

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 12, 2020
Sold by
Sanchez Anna
Bought by
Sanchez Luther
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Luther Sanchez
Century 21 Allstars
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$520,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 13, 2020
Sold by
Murillo Jose Luz and Murillo Adela Razo
Bought by
Sanchez Luther
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Luther Sanchez
Century 21 Allstars
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Murillo Eliseo Razo
Bought by
Murillo Eliseo Razo and Murillo Jose Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2013
Closed on
Jan 9, 2014
Sold by
Ponce Carmen
Bought by
Murillo Eliseo R
Seller's Agent
Georgina Bautista
G.B. Hacienda Real Estate
Buyer's Agent
Georgina Bautista
G.B. Hacienda Real Estate
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$344,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2013
Closed on
Dec 12, 2013
Sold by
Medina Jesus Javier Tapia
Bought by
Murillo Eliseo R and Murillo Jose L
Seller's Agent
Georgina Bautista
G.B. Hacienda Real Estate
Buyer's Agent
Georgina Bautista
G.B. Hacienda Real Estate
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Zatarain Marta
Bought by
Medina Jesus Javier Tapia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,620
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2010
Sold by
Jauregui Ismael C
Bought by
Medina Jesus Javier Tapia and Tapia Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,620
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2009
Sold by
Jauregui Pamela
Bought by
Jauregui Ismael C

Purchase Details

Closed on
Jun 24, 2005
Sold by
Jauregui Ismael C
Bought by
Jauregui Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.51%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sanchez Luther -- Accommodation
Sanchez Luther -- Fidelity National Title Co
Sanchez Luther $650,000 Fidelity National Title Co
Murillo Eliseo Razo -- Title365 Company
Murillo Eliseo R -- First American Title Company
Murillo Eliseo R $430,000 First American Title Company
Medina Jesus Javier Tapia -- Chicago Title Company
Medina Jesus Javier Tapia $370,000 Chicago Title Company
Jauregui Ismael C $167,982 None Available
Jauregui Pamela $200,000 Ticor Title Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Luther $506,250
Closed Sanchez Luther $520,000
Previous Owner Razo Murillo Jose Luz $440,000
Previous Owner Murillo Eliseo Razo $360,000
Previous Owner Murillo Eliseo R $344,000
Previous Owner Medina Jesus Javier Tapia $360,620
Previous Owner Jauregui Pamela $107,000
Previous Owner Jauregui Pamela $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Rented $1,725 -8.0% --
11/09/2021 11/09/21 For Rent $1,875 0.0% --
03/17/2020 03/17/20 Sold $650,000 0.0% $340 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $650,000 +51.2% $340 / Sq Ft
01/13/2014 01/13/14 Sold $430,000 -4.4% $225 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/17/2013 11/17/13 For Sale $450,000 -- $235 / 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 $9,048 $703,209 $492,139 $211,070
2024 $9,048 $689,422 $482,490 $206,932
2023 $8,899 $675,905 $473,030 $202,875
2022 $8,357 $662,653 $463,755 $198,898
2021 $8,192 $649,661 $454,662 $194,999
2020 $6,581 $510,567 $357,549 $153,018
2019 $6,002 $465,937 $329,674 $136,263
2018 $5,759 $456,802 $323,210 $133,592
2016 $5,290 $439,065 $310,660 $128,405
2015 $5,077 $432,471 $305,994 $126,477
2014 $4,559 $381,469 $235,152 $146,317
Source: Public Records

Agents Affiliated with this Home

  • Luther Sanchez

    Landlord's Agent in 2021

    Luther Sanchez

    Century 21 Allstars

    (562) 505-4901

    97 Total Sales

    Section Image

  • G

    Seller's Agent in 2014

    Georgina Bautista

    G.B. Hacienda Real Estate

    (714) 273-6662

    16 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21245356

California Regional Multiple Listing Service (CRMLS)

APN: 7128-024-023

California Los Angeles County Long Beach 90805 Lindbergh

5642 Walnut Ave, Long Beach, CA

This home is located at 5642 Walnut Ave, Long Beach, CA 90805 since 09 November 2021 and is currently priced at $850,620. This property was built in 1939. 5642 Walnut 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

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