NOT LISTED FOR SALE

603 W 5th St Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $1,133,178

Studio
3 Baths
4,693 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2016

Last sale price $750,000 $160 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,286 / mo

152 Days on Market

Highlights

  • 2,501 Sq Ft lot
  • Central Heating
  • 4-minute walk to Cesar E Chavez Park

About This Home

As of September 2016

33 Years !!! First Time On the Market ! We Are Pleased to Present A Great Opportunity To Acquire Mixed RESIDENTIAL & COMMERCIAL. Triplex Units And Retail Store. Located In The Heart Of Downtown Long Beach. This Subject Property Offers Three Units Mix of 1bed1bath /One Studio And One Retail Store. On The First Floor The Retail Store Is Leased Out As A Market And $3000.00 Per Month. On The Second Floor ALL Three Units Are Used By Owner And The Three Unites Will Be Vacant When The Escrow Is Closed. Electricity Paid By Tenants. Please Don 't Miss This Rare Opportunity !!!!

Last Agent to Sell the Property

Anna Kim

High Equity Real Estate Service, Inc. License #00797256 Listed on: 10/21/2015

Last Buyer's Agent

Andre Durango

License #01216158

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 2,501

Interior Spaces

  • 4,693 Sq Ft Home
  • 2-Story Property

Additional Features

  • 2,501 Sq Ft Lot
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 7278-020-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

2,501 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 4693
  • Probate: No
  • Stories: 2
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 189.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 7278-020-047
  • Geocode Override: No
  • Lot Size Area: 2501

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: 3unit/retail

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

Listed on
Oct 21, 2015
Closed on
Aug 4, 2016
Sold by
Bought by
Seller's Agent
Anna Kim
High Equity Real Estate Service, Inc.
Buyer's Agent
Andre Durango
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%
Current Estimated Value
$1,133,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,178
Avg. Annual Appreciation
4.27%
Original Mortgage
$490,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jul 28, 2016
Sold by
Bought by
Seller's Agent
Anna Kim
High Equity Real Estate Service, Inc.
Buyer's Agent
Andre Durango
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%

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
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Village, CA

  • Sierus Erdelyi Real Estate Agent - TruLine Realty

    Sierus Erdelyi

    TruLine Realty

    (424) 374-0268

    177 Total Sales

    1 in West Village

    $440,000 Price

    Sierus Erdelyi
     Section Image
  • Jeffrey Russell Real Estate Agent - Russell Realty Group

    Jeffrey Russell

    Russell Realty Group

    (626) 604-2792

    115 Total Sales

    1 in West Village

    $522,000 Price

    Jeffrey Russell
     Section Image
  • Frances Mouser Real Estate Agent - eXp Realty of California, Inc

    Frances Mouser

    eXp Realty of California, Inc

    (442) 273-1675

    238 Total Sales

    1 in West Village

    $220,000 Price

    Frances Mouser
     Section Image
  • Cyrus Mohseni Real Estate Agent - The Keystone Team

    Cyrus Mohseni

    Responds Quickly

    The Keystone Team

    (657) 341-0810

    185 Total Sales

    2 in West Village

    $300,000 Price Range

    Cyrus Mohseni
     Section Image
  • Roddy de la Garza Real Estate Agent - Epique Realty

    Roddy de la Garza

    Epique Realty

    (323) 615-1579

    119 Total Sales

    1 in West Village

    $520,000 Price

    Roddy de la Garza
     Section Image
  • Josephine Sharma Real Estate Agent - LEGACY HOMES REALTY

    Josephine Sharma

    LEGACY HOMES REALTY

    (951) 463-4738

    62 Total Sales

    2 in West Village

    $395,000 Price Range

    Josephine Sharma
     Section Image
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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
$750,000 Old Republic Title
-- Old Republic Title
-- None Available
-- None Available
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 $450,000
Previous Owner $490,000
Previous Owner $490,000
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
09/19/2016 09/19/16 Sold $750,000 -5.1% $160 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
10/21/2015 10/21/15 For Sale $790,000 -- $168 / Sq Ft
Source: The MLS

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 $12,539 $870,434 $417,807 $452,627
2024 $11,967 $853,367 $409,615 $443,752
2023 $11,750 $836,635 $401,584 $435,051
2022 $11,046 $820,231 $393,710 $426,521
2021 $10,792 $804,149 $385,991 $418,158
2019 $10,635 $780,300 $374,544 $405,756
2018 $10,358 $765,000 $367,200 $397,800
2016 $1,646 $53,802 $15,717 $38,085
2015 $1,606 $52,994 $15,481 $37,513
2014 $1,603 $51,957 $15,178 $36,779
Source: Public Records

Agents Affiliated with this Home

  • Anna Kim Real Estate Agent - High Equity Real Estate Service, Inc.

    Seller's Agent in 2016

    Anna Kim

    High Equity Real Estate Service, Inc.

    (213) 216-4315

    15 Total Sales

    Anna Kim
    Section Image

  • A

    Buyer's Agent in 2016

    Andre Durango

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Map

Source: The MLS

MLS Number: 15-953939

The MLS

APN: 7278-020-047

California Los Angeles County Long Beach 90802 West Village

603 W 5th St, Long Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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