Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Lindbergh
$715,000 Price
5720 Lemon Ave Long Beach, CA 90805
Lindbergh Neighborhood
3
Beds
2
Baths
11,330
Sq Ft
0.26
Acre Lot
About This Home
As of January 2017The offering comprises two 1986-construction buildings that contain a total of six one-bedroom/one-bath units and eight two-bedroom/one-bath units. The property also features on-site laundry and ample garage parking.
80’s construction buildings are seen as prime assets because they tend to have larger units, demand higher rents, and on average have significantly lower operating and long-term maintenance expenses. These advantages, along with potential upside in rents and a good location in a dense rental market, make 5720-22 Lemon Avenue a great opportunity for any investor.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 12/12/2016
Last Buyer's Agent
Steven M. Bogoyevac, Broker License #01332755 Listed on: 12/12/2016
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 11,195 Sq Ft Lot
- No Common Walls
- Density is 11-15 Units/Acre
Parking
- 16 Car Garage
Home Design
- 11,330 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 037
- Tax Tract Number 1
- Assessor Parcel Number 7128001037
Community Details
Overview
- 2 Buildings
- 14 Units
Building Details
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- Insurance Expense $3,965
- Professional Management Expense $8,960
- New Taxes Expense $36,850
- Net Operating Income $109,341
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
Dec 12, 2016
Closed on
Jan 19, 2017
Sold by
Grieder Curtis P
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$3,010,000
Sold Price
$2,700,000
Premium/Discount to List
-$310,000
-10.3%
Purchase Details
Closed on
Dec 14, 2012
Sold by
Grieder Maureen H and Maureen H Grieder Trust
Bought by
Grieder Curtis P and Curtis P Grider Family 2012 Gst Exemp Tr
Purchase Details
Closed on
Mar 4, 2004
Sold by
Grieder Curtis P
Bought by
Grieder Curtis P and Curtis P Grieder Trust
Purchase Details
Closed on
Jul 7, 2003
Sold by
Grieder Fred Nelson
Bought by
Grieder Fred N and Fred N Grieder Trust
Purchase Details
Closed on
May 22, 2002
Sold by
Poltash Gary and Leung James Y
Bought by
Grieder Curtis Paul
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lindbergh, CA
-
Teriann McKenna
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
38 Total Sales
1 in Lindbergh
$781,000 Price
-
Antonio Martinez
Antonio Martinez
Keller Williams Pacific Estates
(424) 379-0120
39 Total Sales
1 in Lindbergh
$660,000 Price
-
Andrew Belcher
Andrew Belcher
RIGHT HERE REALTY
(310) 270-2477
38 Total Sales
1 in Lindbergh
$635,000 Price
-
Sierus Erdelyi
Sierus Erdelyi
TruLine Realty
(424) 374-0268
178 Total Sales
1 in Lindbergh
$780,000 Price
-
Robert Ross
Robert Ross
eXp Realty of Southern CA
(562) 553-3732
35 Total Sales
4 in Lindbergh
$955K - $995K Price Range
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 |
|---|---|---|---|
| $2,700,000 | Chicago Title Company | ||
| Grieder Curtis P | -- | None Available | |
| Grieder Curtis P | -- | -- | |
| Grieder Fred N | -- | -- | |
| Grieder Curtis Paul | -- | First American Title Ins Co |
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 | $2,486,250 | ||
| Closed | Chaotic Neutral Lp | $1,455,000 | |
| Previous Owner | Grieder Curtis P | $24,250,000 | |
| Previous Owner | Grieder Curtis P | $1,215,000 |
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 |
|---|---|---|---|---|
| 01/24/2017 01/24/17 | Sold | $2,700,000 | -3.6% | $238 / Sq Ft |
| 01/21/2017 01/21/17 | Pending | -- | -- | -- |
| 01/04/2017 01/04/17 | Price Changed | $2,800,000 | -7.0% | $247 / Sq Ft |
| 12/12/2016 12/12/16 | For Sale | $3,010,000 | -- | $266 / 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 |
|---|---|---|---|---|
| 2026 | $42,832 | $3,196,248 | $828,655 | $2,367,593 |
| 2025 | $42,832 | $3,133,577 | $812,407 | $2,321,170 |
| 2024 | $40,930 | $3,072,135 | $796,478 | $2,275,657 |
| 2023 | $40,230 | $3,011,898 | $780,861 | $2,231,037 |
| 2022 | $37,778 | $2,952,842 | $765,550 | $2,187,292 |
| 2021 | $36,985 | $2,894,944 | $750,540 | $2,144,404 |
| 2019 | $36,455 | $2,809,080 | $728,280 | $2,080,800 |
| 2018 | $35,486 | $2,754,000 | $714,000 | $2,040,000 |
| 2016 | $15,798 | $1,191,772 | $374,376 | $817,396 |
| 2015 | $15,199 | $1,173,871 | $368,753 | $805,118 |
| 2014 | $15,158 | $1,150,877 | $361,530 | $789,347 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
SB
Seller's Agent in 2017
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(424) 405-3826
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16761685
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.
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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