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Sold for $1,700,000
  • Listed by: Elements Real Estate • Scott Niles • Contact: 714-244-2744
    Bought with: Compass
    $1,700,000

    2914 E 5th St, Long Beach, CA 90814

    5beds
    4baths
    2,496sqft
    Triplex
    Built in 1917
    -- sqft lot
    $1,634,400 Zestimate®
    $681/sqft
    $2,577 Estimated rent

    Home value

    $1,634,400

    $1.50M - $1.78M

    $2,577/mo

    Zestimate® history
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    What's special

    Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Niles DRE #01923986 714-244-2744,

    Elements Real Estate,

    Sean Haghi DRE #01420952 949-294-8939,

    Elements Real Estate

    Bought with:

    Stephen Walsh, DRE #02075027

    Compass

    Source: CRMLS,MLS#: SB23195441MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Laundry Closet, Stacked
    Features
    • Quartz Counters, Recessed Lighting, All Bedrooms Down
    • Flooring: Laminate, Wood
    • Windows: Blinds, Wood Frames
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,496
    • Total interior livable area: 2,496 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Garage, Garage Faces Side
    • Garage spaces: 3
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,750 Square Feet
    • Features: Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Street Level, Walkstreet
    Details
    • Parcel number: 7257008010
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman,Spanish
    • Property subtype: Triplex
    Materials
    • Roof: Composition,Flat,Shingle
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

    Community & HOA

    Community
    • Features: Biking, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: ,Other
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $681/sqft
    • Tax assessed value: $1,768,680
    • Date on market: 10/20/2023
    • Cumulative days on market: 146 days
    • Listing terms: Cash,Conventional,Submit
    • Total actual rent: 115489
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/1/2024Sold$1,700,000-2.9%$681/sqft
    Source: CRMLS #SB23195441 Report a problem
    3/28/2024Pending sale$1,750,000$701/sqft
    Source: CRMLS #SB23195441 Report a problem
    3/14/2024Contingent$1,750,000$701/sqft
    Source: CRMLS #SB23195441 Report a problem
    10/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/20/2023Listed for sale$1,750,000+196.1%$701/sqft
    Source: CRMLS #SB23195441 Report a problem
    9/11/2023Listed for rent$3,650+5.8%$1/sqft
    Source: Zillow Rentals Report a problem
    8/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/7/2022Listed for rent$3,450+7.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/19/2021Listed for rent$3,200+6.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/1/2021Listing removed--
    Source: CRMLS Report a problem
    12/17/2020Listed for rent$2,995+57.7%$1/sqft
    Source: Elements Real Estate #SB20258582 Report a problem
    7/3/2020Listing removed$1,899$1/sqft
    Source: Elements Real Estate #SB20127446 Report a problem
    7/1/2020Listed for rent$1,899-34.4%$1/sqft
    Source: Elements Real Estate #SB20127446 Report a problem
    11/4/2019Listing removed$2,895$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/25/2019Price change$2,895-3.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/28/2019Listed for rent$3,000+30.4%$1/sqft
    Source: Elements Real Estate #SB19205282 Report a problem
    1/4/2019Sold$591,000-31.7%$237/sqft
    Source: Public Record Report a problem
    3/18/2017Listing removed$2,300$1/sqft
    Source: Owner Report a problem
    2/25/2017Price change$2,300-4.2%$1/sqft
    Source: Owner Report a problem
    2/13/2017Price change$2,400-7.7%$1/sqft
    Source: Owner Report a problem
    1/17/2017Listed for rent$2,600$1/sqft
    Source: Owner Report a problem
    2/13/2006Sold$865,000+111%$347/sqft
    Source: Public Record Report a problem
    8/15/2001Sold$410,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,768,680 +2%
    2025$22,776 +160.1%$1,734,000 +168.3%
    2024$8,755 +1.7%$646,342 +2%
    2023$8,608 +6.4%$633,669 +2%
    2022$8,092 +2.1%$621,245 +2%
    2021$7,924 +0.3%$609,065 +1%
    2020$7,903 $602,820 -43.1%
    2019$7,903 -61.2%$1,059,673 +2%
    2018$20,367 $1,038,896 +33.2%
    2017$20,367 +17.6%$780,000
    2016$17,323 +84.1%$780,000
    2015$9,410 +1.4%$780,000
    2014$9,276 $780,000 +73.3%
    2011-- $450,000
    2010-- $450,000 -29%
    2009-- $634,000 -29.6%
    2008-- $899,946 +103%
    2006-- $443,216
    2005-- $443,216 +4%
    2004-- $426,007
    Find assessor info on the county website

    Neighborhood: Rose Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,634,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,634,400