NOT LISTED FOR SALE

5920 Olive Ave Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $776,000 - $853,963

4 Beds
2 Baths
1,503 Sq Ft
$551/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $725,000 $482 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,314/month

7 Days on Market

About This Home

As of June 2023

Perfect opportunity to own income property in Long Beach! Two units each with 2bed 1 Bath, 2 separate buildings that include upgrades with the plumbing and electrical in the front unit. The front unit is occupied perfect for owner-occupied or new tenants back unit is currently on a month-to-month lease. Gated front yard and private back yard as well with storage unit. Do not miss out on this perfect opportunity!

Last Agent to Sell the Property

KAREN CASTILLO

Century 21 Allstars License #02039552 Listed on: 04/21/2023

Century 21 Allstars

Last Buyer's Agent

Krissy Mussenden

Buckingham Investments, Inc License #02096276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,652

Year Built

  • Built in 1927

Lot Details

  • 5,010 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 12 / 9
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124019012
  • $457 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,652

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Monica Hathaway
  • Other Phone Number: 562-572-1197
  • Price Per Unit: 340000
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7124019012
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 482.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5010.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lot Size Area: 5010.0000 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: Yes

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5705.03
  • Tax Lot: 12
  • Tax Tract Number: 6521
  • TaxOtherAnnualAssessmentAmount: 457.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 23, 2023
Sold by
Trujillo Jose Manuel and Trujillo Cynthia
Bought by
Eaton Jacob and Eaton Yukie Oura
Seller's Agent
KAREN CASTILLO
Century 21 Allstars
Buyer's Agent
Krissy Mussenden
Buckingham Investments, Inc
List Price
$679,999
Sold Price
$725,000
Premium/Discount to List
$45,001
6.62%
Views
23
Current Estimated Value
$827,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,741
Avg. Annual Appreciation
6.18%
Original Mortgage
$543,750
Outstanding Balance
$529,787
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$297,954

Purchase Details

Listed on
Mar 5, 2013
Closed on
Jun 7, 2013
Sold by
Ku Chung Yat
Bought by
Trujillo Jose Manuel and Nevarez Cynthia
Seller's Agent
Maricela Lizarraga
Century 21 Allstars
Buyer's Agent
Maricela Lizarraga
Century 21 Allstars
List Price
$265,000
Sold Price
$238,000
Premium/Discount to List
-$27,000
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$343,660
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2013
Closed on
Feb 26, 2013
Sold by
Myers Terra
Bought by
Ku Chun Yat
Seller's Agent
Maricela Lizarraga
Century 21 Allstars
Buyer's Agent
Maricela Lizarraga
Century 21 Allstars
List Price
$265,000
Sold Price
$238,000
Premium/Discount to List
-$27,000
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2012
Sold by
Myers Terra Hembree and Hembree Family Living Trust
Bought by
Myers Terra

Purchase Details

Closed on
Apr 5, 1996
Sold by
Hembree Ray and Hembree Junie Ray H
Bought by
Hembree Junie Ray and Hembree Bobbie A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Eaton Jacob $725,000 Fidelity National Title
Trujillo Jose Manuel $355,000 Fidelity National Title Co
Ku Chun Yat $238,000 Fidelity National Title Co
Myers Terra -- None Available
Hembree Junie Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Jacob $543,750
Previous Owner Trujillo Jose Manuel $309,811
Previous Owner Trujillo Jose Manuel $331,993
Previous Owner Trujillo Jose Manuel $343,660
Previous Owner Ku Chun Yat $150,000
Previous Owner Hembree Robbie A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $725,000 0.0% $482 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/28/2023 04/28/23 Off Market $725,000 -- --
04/21/2023 04/21/23 For Sale $679,999 +91.5% $452 / Sq Ft
08/08/2013 08/08/13 Sold $355,000 +4.4% $236 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $339,999 +42.9% $226 / Sq Ft
04/10/2013 04/10/13 Sold $238,000 -10.2% $158 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $265,000 -- $176 / 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 $9,652 $754,290 $416,160 $338,130
2024 $9,652 $739,500 $408,000 $331,500
2023 $5,674 $418,271 $182,624 $235,647
2022 $5,333 $410,071 $179,044 $231,027
2021 $5,223 $402,032 $175,534 $226,498
2020 $5,210 $397,911 $173,735 $224,176
2019 $5,150 $390,110 $170,329 $219,781
2018 $4,949 $382,462 $166,990 $215,472
2016 $4,553 $367,612 $160,506 $207,106
2015 $4,372 $362,092 $158,096 $203,996
2014 $4,348 $355,000 $155,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • KAREN CASTILLO

    Seller's Agent in 2023

    KAREN CASTILLO

    Century 21 Allstars

    (310) 863-0030

    1 in this area

    56 Total Sales

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  • Krissy Mussenden

    Buyer's Agent in 2023

    Krissy Mussenden

    Buckingham Investments, Inc

    (407) 341-3254

    1 in this area

    26 Total Sales

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  • Maricela Lizarraga

    Seller's Agent in 2013

    Maricela Lizarraga

    Century 21 Allstars

    (562) 253-5312

    22 Total Sales

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  • Robert Serbin

    Seller's Agent in 2013

    Robert Serbin

    RE/MAX

    (323) 707-4395

    1 in this area

    21 Total Sales

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  • Venny Saucedo

    Buyer's Agent in 2013

    Venny Saucedo

    The Agent and Company

    (562) 863-2121

    55 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23066510

California Regional Multiple Listing Service (CRMLS)

APN: 7124-019-012

California Los Angeles County Long Beach 90805 Houghton Park

5920 Olive Ave, Long Beach, CA

This home is located at 5920 Olive Ave, Long Beach, CA 90805 since 21 April 2023 and is currently estimated at $827,741, approximately $550 per square foot. This property was built in 1927. 5920 Olive 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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