NOT LISTED FOR SALE

5661 California Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $787,000 - $923,000

3 Beds
2 Baths
2 Sq Ft
$419,892/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $624,900 $312,450 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,310/month

28 Days on Market

About This Home

As of August 2020

Outstanding income property or Live here. The choice is yours. 2 on a lot. Front unit has 2 bedrooms and 1 bath and back unit has 1 bedroom and 1 bath. Units are not attached which provides a little more privacy. There is a small yard that separates the properties as well. Features also include a two car garage, a back yard and a paved front yard for additional parking. Home is also freeway close with near by shopping. If you have always wanted to own income property, Now is your chance.

Last Agent to Sell the Property

Bree Johnson

The Jackson Real Estate Group License #01786151 Listed on: 06/22/2020

Co-Listed By

Rosanna Wait

The Jackson Real Estate Group License #01947076

Last Buyer's Agent

Darlin Rodrigues

C-21 Allstars License #02010487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,806

Year Built

  • Built in 1949

Lot Details

  • 5,017 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 2 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 23 / E
  • Tax Tract Number 5965
  • Assessor Parcel Number 7127003022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $370
  • Trash Expense $500
  • Water Sewer Expense $400
  • Gross Income $39,600
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,806

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7127003022
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5017.00
  • Lot Size Acres: 0.1152

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 370.00
  • Lot Size Area: 5017.0000 Square Feet
  • Net Operating Income: 28600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11000.00
  • Rent Control: No

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5706.01
  • Tax Lot: 23
  • Tax Tract Number: 5965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 24, 2020
Sold by
Naing Seana Horn
Bought by
Cordova Steffy and Cordova Erla
Seller's Agent
Bree Johnson
The Jackson Real Estate Group
Buyer's Agent
Darlin Rodrigues
C-21 Allstars
List Price
$629,000
Sold Price
$624,900
Premium/Discount to List
-$4,100
-0.65%
Current Estimated Value
$839,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,884
Avg. Annual Appreciation
5.58%
Original Mortgage
$613,580
Outstanding Balance
$545,512
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$274,271

Purchase Details

Closed on
Feb 16, 2019
Sold by
Rlt James B Robertson 2015
Bought by
Horn Naing Seana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2015
Sold by
Robertson James B and The James B Robertson Revocabl
Bought by
Robertson James B and The James B Robertson 2015 Rev
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
Cordova Steffy $625,000 Priority Title Company
Horn Naing Seana $510,000 Ticor Title
Robertson James B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Steffy $613,580
Previous Owner Horn Naing Seana $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $624,900 0.0% $312,450 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $624,900 -0.7% $312,450 / Sq Ft
06/22/2020 06/22/20 For Sale $629,000 +23.3% $314,500 / Sq Ft
05/16/2019 05/16/19 Sold $510,000 -5.5% $362 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/24/2019 02/24/19 Price Changed $539,900 -1.8% $383 / Sq Ft
01/23/2019 01/23/19 For Sale $549,900 -- $391 / 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 $8,806 $676,409 $351,680 $324,729
2024 $8,806 $663,147 $344,785 $318,362
2023 $8,655 $650,145 $338,025 $312,120
2022 $8,017 $637,398 $331,398 $306,000
2021 $7,859 $624,900 $324,900 $300,000
2020 $6,659 $520,200 $306,000 $214,200
2019 $6,933 $539,000 $250,000 $289,000
2018 $877 $45,624 $18,715 $26,909
2016 $805 $43,855 $17,990 $25,865
2015 $780 $43,197 $17,720 $25,477
2014 $789 $42,351 $17,373 $24,978
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bree Johnson

    The Jackson Real Estate Group

    (562) 756-8123

    1 in this area

    11 Total Sales

    Bree Johnson
    Section Image
  • Rosanna Wait

    Seller Co-Listing Agent in 2020

    Rosanna Wait

    The Jackson Real Estate Group

    (562) 522-3046

    1 in this area

    15 Total Sales

    Rosanna Wait
    Section Image

  • D

    Buyer's Agent in 2020

    Darlin Rodrigues

    C-21 Allstars

    Section Image
  • Vincent Stackle

    Seller's Agent in 2019

    Vincent Stackle

    The Real Estate Solution

    (562) 841-4135

    26 Total Sales

    Vincent Stackle
    Section Image

  • T

    Buyer's Agent in 2019

    Tony Turek

    Coldwell Banker Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20115953

California Regional Multiple Listing Service (CRMLS)

APN: 7127-003-022

California Los Angeles County Long Beach 90805 Lindbergh

5661 California Ave, Long Beach, CA

This home is located at 5661 California Ave, Long Beach, CA 90805 since 22 June 2020 and is currently estimated at $839,784, approximately $419,892 per square foot. This property was built in 1949. 5661 California 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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