NOT LISTED FOR SALE

5841 Myrtle Ave Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $864,000 - $1,150,000

5 Beds
4 Baths
2,085 Sq Ft
$457/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2016

Last sale price $600,000 $288 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,939 / mo

42 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Two Story Ceilings
  • No HOA
  • Open Floorplan
  • Granite Countertops
  • Balcony

About This Home

As of May 2016

Superb property in remarkable condition!!! This immense property features 2 separate homes. Both units have been completely remodeled with new kitchen cabinets, granite slab kitchen counters, brand new tile floors in the kitchen and bathrooms, laminate flooring throughout the rest of the house, new water heaters for both units, new faux wood blinds, stainless steel dishwashers, and new fresh paint inside and out. The spacious front unit features 3 bedrooms/2 bathrooms with a detached 2 car garage and the roomy back unit features 2 bedrooms/2 bathrooms with an attached 2 car garage. In addition to the included parking garages, there is also ample parking space in and long drive way. Front and back units are metered separately for gas, water, and electricity. The features, characteristics, and opportunity for this home are too much to list. This is an excellent opportunity for First Time Home Buyers and/or Investors! Hurry! Hurry! Hurry!! This is the home that you've been waiting for!!!

Last Agent to Sell the Property

Jimmy Thach

Seal Real Estate License #01386221 Listed on: 02/21/2016

Last Buyer's Agent

Dennis Loput

Mark 1 Real Estate, Inc. License #00948389

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,157 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Fence is in fair condition
  • Landscaped
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,085 Sq Ft Home
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • Family Room

Kitchen

  • Convection Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124030021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $8,125
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

5,157 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7124030021
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 287.77
  • Room Type: All Bedrooms Down, All Bedrooms Up, Family Room, Master Bedroom

Exterior Features

  • Fencing: Block, Fair Condition, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Landscaped
  • Lot Size Sq Ft: 5157.00
  • Price Per Lot Square Foot: 116.35
  • Lot Size Acres: 0.1180

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5157.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Lot: 21
  • Tax Tract Number: 6521

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

Closed on
Oct 22, 2019
Sold by
Bought by
Current Estimated Value
$951,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
0.035%

Purchase Details

Listed on
Feb 21, 2016
Closed on
Apr 25, 2016
Sold by
Bought by
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Dennis Loput
Mark 1 Real Estate, Inc.
List Price
$649,950
Sold Price
$600,000
Premium/Discount to List
-$49,950
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$589,132
Interest Rate
0.0359%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 1994
Sold by
Bought by
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

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
-- Chicago Title
-- Chicago Title
$600,000 First American Title
-- --
$165,000 --
-- --
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 $194,000
Open $544,000
Previous Owner $589,132
Previous Owner $160,000
Previous Owner $50,000
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
05/18/2016 05/18/16 Sold $600,000 -7.7% $288 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
02/21/2016 02/21/16 For Sale $649,950 -- $312 / 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
2025 $9,575 $710,271 $207,162 $503,109
2024 $9,163 $696,345 $203,100 $493,245
2023 $9,010 $682,692 $199,118 $483,574
2022 $8,462 $669,307 $195,214 $474,093
2021 $8,292 $656,185 $191,387 $464,798
2020 $8,270 $649,458 $189,425 $460,033
2019 $8,174 $636,724 $185,711 $451,013
2018 $7,912 $624,240 $182,070 $442,170
2016 $2,951 $226,996 $89,421 $137,575
2015 $2,839 $223,587 $88,078 $135,509
2014 $2,829 $219,208 $86,353 $132,855
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Thach

    Seller's Agent in 2016

    Jimmy Thach

    Seal Real Estate

    (714) 622-4735

    60 Total Sales

    Jimmy Thach
    Section Image
  • Dennis Loput

    Buyer's Agent in 2016

    Dennis Loput

    Mark 1 Real Estate, Inc.

    (562) 991-3915

    8 Total Sales

    Dennis Loput
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16036007

California Regional Multiple Listing Service (CRMLS)

APN: 7124-030-021

California Los Angeles County Long Beach 90805 Houghton Park

5841 Myrtle Ave, Long Beach, CA

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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