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5940 Atlantic Avenue

5940 Atlantic Avenue, Long Beach, CA 90805
Property in Houghton Park
Sold Jun 25, 2009
$445,000
$321,000 by Interbank Mortgage Co
Mortgage Due May 01, 2043
Sold Nov 13, 2008
$533,424
Local assessors in Long Beach, CA have categorized 5940 Atlantic Avenue as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1964. The property's lot size has been calculated to be 4,502 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. There are also 8 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5940 Atlantic Avenue has a total of 3,712 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5940 Atlantic Avenue sold most recently in May 13, 2009 for a total of $445,000. If you work out the math, that's approximately a cost of $119.88 per sqft. Before that, the property was also sold for $533,424 in Nov 11, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,593 in taxes each year. 5940 Atlantic Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $550,790. If we break it down further, the land itself was valued at $179,469. Improvements to the property, however, were assessed at a total of $371,321. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,502
  • Total Building Area: 3,712
  • Gross Building Area: 3,712
  • Building Area: 3,712
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6521
  • Land Acres: 0.103
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 6521 LOT/SEC 9 BLK/DIV/TWN 7

Ownership

  • Current Owner : LEONARDO BERTONI
  • Current Owner 2: LOOK VINCENT
  • Previous Owner : US BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: ANIH PHILIP
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 570503

Zoning

  • Zoning: LBCNA

Geography

  • Assessors Map Reference: 70-D1
  • Subdivision Tract Number: 6521
  • Parcel: 7124-017-008
  • Block: 7
  • Lot: 9
  • Municipality: SOUTH /NORTH LONG BEACH
  • Latitude: 33.8627
  • Longitude: -118.185

    Address

  • Full Address: 5940 Atlantic Ave
  • Address - House Number: 5940
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 3570
  • Zip Code: 90805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,593
  • Tax Rate Code Area: 04-992

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,074,681
  • High Value: 1,319,016
  • Low Value: 830,347

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,000
  • First Open Lien Mortgage Lender: INTERBANK MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 18, 2013
  • First Open Lien Mortgage Loan Amount: $321,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,790
  • Assessed Land Value: $179,469
  • Assessed Improvements Value: $371,321

    Sales

  • Current Sale Contract Date: May 13, 2009
  • Current Sale Recording Date: Jun 25, 2009
  • Current Sale Transaction ID: 1032697033
  • Current Sale Price: $445,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 09-0954340
  • Previous Sale Recording Date: Nov 13, 2008
  • Previous Sale Contract Date: Nov 11, 2008
  • Previous Sale Amount: $533,424
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Mortgage Transaction Date: Jun 25, 2009
  • First Mortgage Loan Amount: $333,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2039

About Jordan



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Frequently Asked Questions

What neighborhood is 5940 Atlantic Avenue located in?
The 5940 Atlantic Avenue is a located in the neighborhood of Houghton Park in Jordan, Long Beach.
What is the average sales price for listings in 5940 Atlantic Avenue?
The average sales price for units in 5940 Atlantic Avenue is $0 currently.

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