Check Availability
$1,995,000
House - For Sale

5488 E Oleta Street

Long Beach, CA 90815
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2111 Sqft
$10,021
Estimated Monthly
$225
HOA / Fees
2.51%
Cap Rate

About This Property

Welcome home to the epitome of gorgeous Southern California living! Nearly every part of this Park Estates beauty was touched with love to offer luxury and functionality in all the best ways. The flow of the home is light and bright thanks to the huge windows and sliders that allow natural sunlight to permeate the home and also offer gorgeous views of the absolutely stunning outdoor space. The kitchen is a true Chef's kitchen with a large granite island and quartz counters, custom cabinetry, state-of-the-art Meile appliances including a giant built-in refrigerator, a beverage refrigerator, and all the storage your heart desires. The entire estate is breathtakingly beautiful, but the backyard is truly something from your dreams. Featuring a custom-made pool/spa/fountain combo, an outdoor kitchen with granite counter tops and built in barbecue, sink, burner, trash chute, and fridge, and a gorgeous firewall that will be the cherry on top when you dine al fresco. Complete with travertine tile, turf accents, and built-in tiki torches, you feel like you've entered your private oasis. The 3-car garage offers 4 parking spaces, and is finished with custom cabinetry and a whole attic storage space. There is ample additional parking down the long, gated private driveway as well. All bedrooms are spacious with wall-to-wall closets with custom organizers, and two have en suite remodeled bathrooms. The primary bedroom features two separate granite-topped vanities and a posh Toto toilet. A true Smart home, this property features security cameras, lights, locks, blinds, sprinklers, temperature, spool and fountain, whole house fan, and TVs that can be utilized at the touch of a button or an app. Sonos speakers are spread throughout the home, garage, and yard so you can enjoy your tunes wherever you are on the property. Multiple TVs are hardwired with internet and Apple TV, and the living room TV also features an Xbox. To top it all off, there is an actual bomb shelter secretly placed within the backyard! There are so many incredible features that there are too many to list, and you have to see it to believe – make an appointment today!

The manager has listed the unit size as 2111 square feet.
Unit Size
2,111Ft²
Days on Market
19 days
Land Size
0.19 acres
Price per sqft
$945
Property Type
House
Property Taxes
-
HOA Dues
$225
Year Built
1959
Listed By
Danielle Fehmel
Keller Williams Pacific Estate
Last updated: 18 days ago (MRMLSCA #PW24067079)

Price History

Date / Event Date Event Price
Apr 11, 2024 Listed by Keller Willliams Pacific Estates $1,995,000
Listed by Keller Willliams Pacific Estates

Property Highlights

Air Conditioning
Exterior Details

Pool Information

Pool

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 8,087
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,949
  • Building Area: 1,949
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,949
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17908
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 17908 LOT/SEC 2

Ownership

  • Current Owner : LUND THERIL H
  • Current Owner 2: LUND LONI
  • Previous Owner : OC LA PROPERTIES LLC
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 574800

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-C4
  • Subdivision Tract Number: 17908
  • Parcel: 7240-026-002
  • Lot: 2
  • Municipality: SOUTH /PARK ESTATES
  • Latitude: 33.7782
  • Longitude: -118.126

    Address

  • Full Address: 5488 E Oleta St
  • Address - House Number: 5488
  • Street Direction: E
  • Address - Street Name: Oleta
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 4428
  • Zip Code: 90815

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,090
  • Tax Rate Code Area: 05-531

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 96
  • Final Value: 2,009,894
  • High Value: 2,146,089
  • Low Value: 1,873,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,164,073
  • Assessed Land Value: $910,262
  • Assessed Improvements Value: $253,811

    Sales

  • Current Sale Contract Date: Aug 24, 2016
  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Transaction ID: 1757053587
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1088110
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Contract Date: Nov 17, 2015
  • Previous Sale Amount: $705,000
  • Previous Sale Document Type: Grant Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,958 ft²
$674/ft²
$1,995,000 Apr 5, 2024
-
-
House
4 Beds
4 Baths
3,232 ft²
$710/ft²
$2,295,000 Mar 1, 2024
-
-
House
3 Beds
2 Baths
2,871 ft²
$644/ft²
$1,849,000 Oct 13, 2023
-
-
House
5 Beds
3.5 Baths
3,388 ft²
$586/ft²
$1,985,000 Mar 13, 2024
-
$2,307/mo
In Contract
Townhouse
3 Beds
2.5 Baths
1,600 ft²
$1,000/ft²
$1,600,000 Mar 14, 2024
-
$700/mo

About Park Estates


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Frequently Asked Questions

When was property at 5488 East Oleta Street built and last sold?
The property at 5488 East Oleta Street was built in 1959 and last sold on Aug 24, 2016 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 5488 East Oleta Street is $2,003,948.
What are some comparable homes to 5488 East Oleta Street?
Homes that are comparable to 5488 East Oleta Street include a house property at 904 Terraine Avenue, 876 Hillside Drive, 785 Havana Avenue.

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