Seller's Agent in 2021
Blair Newman
Coldwell Banker Envision
(562) 822-6532
1 in this area
79 Total Sales
5914 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $1,828,000 - $2,234,000
4
Beds
4
Baths
2,300
Sq Ft
$870/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- Wood Flooring
- Beamed Ceilings
- Naples Bayside Academy Rated A
- Corner Lot
- Bungalow
About This Home
As of May 2021Amazing 4 units located on the Peninsula in Long Beach. Just steps between Alamitos Bay and the Pacific Ocean. You’ll find yourself among some of the most amazing stretches of sand in southern CA with spectacular views of Catalina Island and the lights of downtown. Enjoy all your beach activities, paddle boarding, kayaking while also taking advantage of the bike/jogging paths all the way to downtown Long Beach. You are also just minutes to Belmont Shore with an abundance of quality restaurants and shopping. This is a fantastic opportunity for an investor/owner occupant. These 4 classic beach bungalow units are all 1 bed/1 bath. Amazing, vaulted wood beamed ceilings in the top units, fireplace in the 2 east units and beach themed paneling throughout. Each unit comes with 1 car garage and gated common area patio to BBQ and entertain. Addresses included are 5914 , 5916, 5920 and 5922 and are all separately metered. Take advantage of this outstanding lifestyle & investment opportunity with endless possibilities!! An absolute gem on The Peninsula. The perfect location! Approximate sq/ft per unit: 5914-550 sq/ft, 5916-450 sq/ft, 5920-450 sq/ft, 5922-850 sq/ft.
Last Agent to Sell the Property
Coldwell Banker Envision License #01459316 Listed on: 02/22/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 2,439 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 1 Car Garage
- Parking Available
- Single Garage Door
- Assigned Parking
Home Design
- Quadruplex
- Bungalow
- Composition Roof
- Stucco
Interior Spaces
- 2,300 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Living Room with Fireplace
- Peek-A-Boo Views
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / 31
- Tax Tract Number 5500
- Assessor Parcel Number 7245018018
Community Details
Overview
- 2 Buildings
- 4 Units
- Peninsula Subdivision
Recreation
- Water Sports
- Bike Trail
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,610
- Maintenance Expense $7,981
- Supplies Expense $222
- Trash Expense $437
- Water Sewer Expense $437
- New Taxes Expense $21,000
- Operating Expense $10,916
- Gross Income $61,800
- Net Operating Income $70,684
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2010
Sold by
Crichton C C and Crichton Connie J
Bought by
Crichton C C and Crichton Constance
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crichton C C | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $1,650,000 | -1.5% | $717 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | Price Changed | $1,675,000 | -4.3% | $728 / Sq Ft |
| 03/16/2021 03/16/21 | For Sale | $1,750,000 | 0.0% | $761 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $1,750,000 | -- | $761 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,460 | $1,786,011 | $1,190,674 | $595,337 |
| 2024 | $22,456 | $1,750,992 | $1,167,328 | $583,664 |
| 2023 | $22,079 | $1,716,660 | $1,144,440 | $572,220 |
| 2022 | $20,707 | $1,683,000 | $1,122,000 | $561,000 |
| 2021 | $2,370 | $143,998 | $103,936 | $40,062 |
| 2020 | $2,364 | $143,043 | $102,871 | $40,172 |
| 2019 | $2,337 | $140,249 | $100,854 | $39,395 |
| 2018 | $2,246 | $137,510 | $98,877 | $38,633 |
| 2016 | $2,066 | $131,673 | $95,039 | $36,634 |
| 2015 | $1,995 | $129,696 | $93,612 | $36,084 |
| 2014 | $2,004 | $127,157 | $91,779 | $35,378 |
Source: Public Records
Agents Affiliated with this Home
-
Blair Newman
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21035869
APN: 7245-018-018
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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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