NOT LISTED FOR SALE

5877 Rose Ave Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $742,000 - $787,806

2 Beds
1 Bath
1,376 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $460,000 $334 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,623/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Spanish Architecture
  • Living Room
  • Floor Furnace

About This Home

As of July 2019

Great INVESTMENT OPPORTUNITY! Located in North Long Beach on a beautiful purple tree-lined street, this awesome duplex consists of 2 separate units with 2 different addresses and separate gas & electric meters. Front unit features 2 bedrooms 1 bath with a spacious front yard. Back unit features 2 bedrooms 1 bath and a private backyard. Needs some TLC. Great area centrally located to schools, shopping centers, and freeways. Also for sale is a small SFR unit next door at 5883 Rose Ave, Long Beach.

Last Agent to Sell the Property

Daniel Poon

eXp Realty of California Inc License #01897213 Listed on: 06/04/2019

eXp Realty of California Inc

Last Buyer's Agent

Daniel Poon

eXp Realty of California Inc License #01897213 Listed on: 06/04/2019

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,544

Year Built

  • Built in 1936

Lot Details

  • 4,779 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Spanish Tile Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 189
  • Tax Tract Number 7225
  • Assessor Parcel Number 7123016018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,544

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7123016018
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Price Per Square Foot: 334.30
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4779.00
  • Lot Size Acres: 0.1097

Multi Family

  • Lot Size Area: 4779.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 189
  • Tax Tract Number: 7225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Chen Luke Lihsin and Lu Michelle Hsiaoling
Bought by
Chen Luke Libsin and Lu Michelle Hsiaoling
Current Estimated Value
$754,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$448,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$307,537

Purchase Details

Closed on
Jul 27, 2020
Sold by
Chen Luke Lihsin and Lu Michelle Hsiaoling
Bought by
Chen Luke Lihsin and Lu Michelle Hsiaoling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 3, 2019
Sold by
Horn Paul and Estate Of Barbara Jean Riley
Bought by
Chen Luke Lihsin and Lu Michelle Hsiaoling
Seller's Agent
Daniel Poon
eXp Realty of California Inc
Buyer's Agent
Daniel Poon
eXp Realty of California Inc
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$397,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Riley Donald E
Bought by
Riley Barbara Jean

Purchase Details

Closed on
Jun 8, 2011
Sold by
Riley Barbara Jean and Alice M Pearl Trust
Bought by
Riley Barbara Jean
Source: Public Records

Range of Values:

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Average Value
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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
Chen Luke Libsin -- None Available
Chen Luke Lihsin -- Provident Title
Chen Luke Lihsin -- Provident Title Company
Chen Luke Lihsin $460,000 Fidelity National Title
Riley Barbara Jean -- None Available
Riley Barbara Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Luke Lihsin $490,000
Closed Chen Luke Libsin $490,000
Closed Chen Luke Lihsin $397,000
Closed Chen Luke Lihsin $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $460,000 -1.9% $334 / Sq Ft
06/04/2019 06/04/19 For Sale $469,000 -- $341 / 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 $6,544 $503,072 $284,345 $218,727
2024 $6,544 $493,209 $278,770 $214,439
2023 $6,433 $483,539 $273,304 $210,235
2022 $6,042 $474,059 $267,946 $206,113
2021 $5,919 $464,765 $262,693 $202,072
2020 $5,904 $460,000 $260,000 $200,000
2019 $835 $37,748 $18,874 $18,874
2018 $770 $37,008 $18,504 $18,504
2016 $707 $35,574 $17,787 $17,787
2015 $686 $35,040 $17,520 $17,520
2014 $696 $34,354 $17,177 $17,177
Source: Public Records

Agents Affiliated with this Home

  • Daniel Poon

    Seller's Agent in 2019

    Daniel Poon

    eXp Realty of California Inc

    (714) 720-6088

    1 in this area

    98 Total Sales

    Daniel Poon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19128516

California Regional Multiple Listing Service (CRMLS)

APN: 7123-016-018

California Los Angeles County Long Beach 90805 Nehyam

5877 Rose Ave, Long Beach, CA

This home is located at 5877 Rose Ave, Long Beach, CA 90805 since 04 June 2019 and is currently estimated at $754,202, approximately $548 per square foot. This property was built in 1936. 5877 Rose 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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