NOT LISTED FOR SALE

5861 Myrtle Ave Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $662,000 - $910,000

1 Bed
1 Bath
728 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $585,000 $804 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,951/month

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Bike Trail
  • Property is near public transit
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of July 2019

Large one bedroom with new kitchen and bathroom. Large living room, dining area and laundry hookup . Located close to the Michelle Obama Library, with a lot of community activities.

Last Agent to Rent the Property

Huok Lo

Lifetime Realty Inc License #01368263 Listed on: 07/09/2019

Last Renter's Agent

Huok Lo

Lifetime Realty Inc License #01368263 Listed on: 07/09/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,044 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex

Interior Spaces

  • 728 Sq Ft Home
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes sewer, water
  • Available 8/1/19
  • Legal Lot and Block 18 / 18
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124030018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2019-08-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 1
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 7124030018
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 728.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Bath, Dining Room, Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.06
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 5044.00
  • Lot Size Acres: 0.1158

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 5044.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Water

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5706.01
  • Tax Lot: 18
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Mar 29, 2019
Sold by
Dinh John Q and Dinh Kamie J
Bought by
Hean Rasmey
Seller's Agent
Huok Lo
Lifetime Realty Inc
Buyer's Agent
Huok Lo
Lifetime Realty Inc
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Current Estimated Value
$812,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,141
Avg. Annual Appreciation
4.97%
Original Mortgage
$549,450
Outstanding Balance
$473,837
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$338,304

Purchase Details

Closed on
Apr 9, 2009
Sold by
Dinh John Q
Bought by
Dinh John Q and Dinh Kamie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,400
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Yin Sear
Bought by
Yin Chandara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Som Sophorn and Yin Chandara
Bought by
Dinh John Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1994
Sold by
Som Sophorn
Bought by
Som Sophorn and Som Chandara

Purchase Details

Closed on
Sep 29, 1993
Sold by
Hofmeister Paul D and Hofmeister Annie
Bought by
Som Sophorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hean Rasmey $585,000 Chicago Title Company
Dinh John Q -- Lsi
Yin Chandara -- Equity Title Company
Dinh John Q $220,000 Equity Title Company
Dinh John Q -- Equity Title Company
Som Sophorn -- --
Som Sophorn $185,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hean Rasmey $549,450
Previous Owner Dinh John Q $217,400
Previous Owner Dinh John Q $176,000
Previous Owner Som Sophorn $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2019 07/16/19 Rented $1,500 0.0% --
07/09/2019 07/09/19 For Rent $1,500 0.0% --
04/02/2019 04/02/19 Sold $585,000 -1.7% $295 / Sq Ft View Prior Sale
02/27/2019 02/27/19 Price Changed $595,000 0.0% $300 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $595,000 0.0% $300 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $595,000 -- $300 / 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 $8,460 $652,572 $278,876 $373,696
2024 $8,460 $639,777 $273,408 $366,369
2023 $8,319 $627,234 $268,048 $359,186
2022 $7,814 $614,937 $262,793 $352,144
2021 $7,656 $602,881 $257,641 $345,240
2020 $7,636 $596,940 $255,000 $341,940
2019 $5,435 $410,633 $207,746 $202,887
2018 $5,220 $402,587 $203,673 $198,914
2016 $4,797 $386,725 $195,765 $190,960
2015 $4,607 $380,917 $192,825 $188,092
2014 $4,581 $373,456 $189,048 $184,408
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2019

    Huok Lo

    Lifetime Realty Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19162192

California Regional Multiple Listing Service (CRMLS)

APN: 7124-030-018

California Los Angeles County Long Beach 90805 Houghton Park

5861 Myrtle Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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