54
Map
$699,900
●
House -
For Sale
5868 Myrtle
Long Beach, CA 90805
2 Beds
1 Bath
720 Ft²
$3,437
Est. Monthly
About This Property
Welcome to 5868 Myrtle Avenue, a beautifully updated Long Beach
home blending modern design with exceptional versatility and future
potential. The 2-bedroom, 2-bath main residence features a spacious
primary suite, designer finishes, new roof, new windows, new
cabinetry, and an in-home washer and dryer. A detached bonus
building with built-in cabinetry and plumbing provides the perfect
space for a home office, den, gym, studio, or creative
workspace-with excellent potential for future conversion.
The oversized lot offers ample room for outdoor entertaining and potential to add an ADU, creating an exciting opportunity for additional living space or rental income. Ideally located near Houghton Park, shopping, dining, schools, parks, and major transportation routes, with convenient access to Downtown Long Beach, Bixby Knolls, and surrounding communities.
The oversized lot offers ample room for outdoor entertaining and potential to add an ADU, creating an exciting opportunity for additional living space or rental income. Ideally located near Houghton Park, shopping, dining, schools, parks, and major transportation routes, with convenient access to Downtown Long Beach, Bixby Knolls, and surrounding communities.
Unit Size
720 Ft²
Days on Market
30 days
Land Size
0.12 acres
Price per sqft
$972
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 hours ago (CRMLS #RS26208762)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | Relisted | $699,900 | |
| Relisted | |||
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by REMAX Professionals | $699,900 | |
| Listed by REMAX Professionals | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsDown
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Laundry Features: Inside, Laundry Room
Fireplace Features: None
Exterior Details
Square Footage: 720
Square Footage Source: $0
Architectural Style: Craftsman
Year Built Source: Assessor
Year Built: 1923
Levels: One
Pool Features: None
Lot Features: Landscaped, ZeroToOneUnitAcre
Lot Size Area: 5130
Lot Size Units: Square Feet
Lot Size Acres: 0.1178
Lot Size Square Feet: 5130
Tax Lot: 5
Water Source: Public
Utilities Details
Cooling Type: Zoned
Heating Type: Zoned
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Jordan
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Listed by: David Smith, REMAX Professionals
Last Updated: 6 hours ago
Data Source: CRMLS, MLS# RS26208762
Last Updated: 6 hours ago
Data Source: CRMLS, MLS# RS26208762
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. 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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