5729 California Ave
Long Beach, CA 90805

Bd   — Ba   2,985 Sqft
Rare 7 unit property in low density residential area of North Long Beach, nice SFR's & duplexes primarily. There is a Neighborhood Market adjacent to our property but it faces South Street and the Market has no rear parking or rear entrance (see photos), which actually provides a certain amount of privacy. Beautiful mixed-use building directly across street. This is a Prime Investment Opportunity for the smart investor willing to professionally manage and maintain the buildings. Lots of upside potential to this 7-unit property with creative land-use improvements to the existing open areas which will increase tenant living enjoyment and increase the rental value of this exceptional multi-family investment opportunity. Property consist of a detached 2bed SFR in front with mid-yard separating it from two separate 2-story apartment buildings. Left building has 4 partially furnished Studio units & right building has 2 Studio Apt. Tax says 1bedrms but only bedrooms are in frony house. Property is under section 8 and other government rent subsidiaries. There's a small court yard in between the two rear buildings as well. The parking area is deep & wide and with painted angled parking lot striping it could easily accommodate more cars for off street parking. Run the numbers and make an offer!
  • Property Type: Multi Family
  • MLS#: PW17089171
  • MLS:
  • Listing Office: Keller Williams Pacific Estate
  • Listed By: Alex Figueroa
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 5729 California Avenue , Long Beach

Year Built: 1928
Lot Size Acres: 0.12
Lot Size Square Feet: 5560
Lot Size Units: Square Feet
Lot Size Area: 5560
Price Per Square Foot: 284.72
Tax Lot: 18
Tax Tract Number: 5965
New Taxes Expense: 10612
Parcel Number: 7127003017
Tax Census Tract: 5706.01
Special Listing Conditions: Standard
Standard Status: Pending
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Property History for 5729 California Avenue, Long Beach

Status
Date
Price
Pending
Jul 10, 2017
Listed
May 1, 2017
Pending
Apr 28, 2017
Listed
Apr 24, 2017
$849,900
#PW17089171
Price Change
Aug 11, 2016
$850,000
Listed
Mar 14, 2016
$825,800
#DW16054514
Sold
May 14, 2015
$635,000
Listed
Feb 22, 2015
$660,000
#RS15037803

Compare Similar Homes for 5729 California Avenue, Long Beach

Price estimate is $1,352,205 based on the following nearby homes which average $453/Sqft
You can refine the estimate by removing homes that are not similar
This estimate is based on the average price per square foot value of the homes in the displayed below. Movoto intended this estimate as a useful starting point to help you price this home. This is not a professional appraisal, to get one contact one of Movoto’s licensed Real Estate Agents for a comprehensive evaluation.
A 6.06 mi
100 W 5th St #3E
  • $724,900
  • For Sale

    72 days

  • 1 Bd
  • 1 Ba
  • 1,889 Sqft
  • $384 /Sqft
  • 0.34 Acres Lot
  • Built 1925
B 13.35 mi
849 S Broadway #M4
  • $999,000
  • For Sale

    13 days

  • 1 Bd
  • 1 Ba
  • 1,500 Sqft
  • $666 /Sqft
  • 0.52 Acres Lot
  • Built 1930
C 19.61 mi
511 E 15th
  • $680,000
  • For Sale

    59 days

  • 1 Bd
  • 1 Ba
  • 2,200 Sqft
  • $309 /Sqft
  • 7,346 Sqft Lot
  • Built 1960
YOU
ARE
HERE
5729 California Ave
  • $849,900
  • Pending

    94 days

  • — Bd
  • — Ba
  • 2,985 Sqft
  • $285 /Sqft
  • 5,560 Sqft Lot
  • Built 1928

Real Estate Market Statistics for 5729 California Avenue, Long Beach

YOU ARE HERE

5729 California Avenue

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$849K

5729 California Avenue

$489K

Lindbergh

8% y/y

Lindbergh

$447K

90805

1% y/y

90805

$599K

Long Beach

1% y/y

Long Beach

See all trends for Long Beach
As of today, , there are 52 properties listed for sale in ZIP code 90805 and 473 properties listed for sale in the city of Long Beach, CA. Of those 473 properties, there are 307 single family houses and 166 condos. The current list price for 5729 California Ave is $849,900, which is 42% above the median price of $599,000 for Long Beach and 90% above the median of $447,000 for 90805. 5729 California Ave is approximately 2,985 Sqft, which is 117% above the median size in Long Beach of 1,377 Sqft and 144% above the median size in 90805 of 1,224 square feet. This property's price per square foot is $285, which is 22% below the median in 90805 of $364 and 35% below the Long Beach median of $436.
Built in 1928, this multi family house at 5729 California Ave is approximately 2,985 square feet and does not come with a parking spot. It is listed on 04/24/2017 with a cost per Sqft of $285. 5729 California Ave is located in the Lindbergh neighborhood in the Long Beach Unified School District. The closest school is Lindbergh Middle School.

5729 California Ave has been on the market for 94 days. The median days on the market for properties in this area is 40 with a median list price of $599,000 and median cost per square foot of $436. It's currently listed as pending under the MLS #PW17089171.

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