NOT LISTED FOR SALE

1111 Orizaba Ave Long Beach, CA 90804

Rose Park Neighborhood
11 Beds
5 Baths
3,800 Sq Ft
3,800 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $1,304,000 $343 Per Sq Ft

39 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Park
  • Woodrow Wilson High School Rated A
  • Lawn
  • 5-minute walk to Rose Park

About This Home

As of June 2021

Income Property 4 beautiful Units in the heart of Long Beach! Rare Large 3 unit building in front with a private Unit in back over garages which has 2 private yards! Recently remodeled Parking in back Large yard and units Investors dream live in one and rent other 3 units Near great Restaurants, shopping, and schools

Property consist of:
4 BR 2 BATH
(2) 3 BR 1 BATH
1 BR 1 BATH
(5) Garages
room for 6 more cars to park

All information is to the best knowledge of sellers agent and should be confirmed by buyer

Last Listed By

Joseph King

Balboa Real Estate, Inc. License #01428983 Listed on: 03/26/2021

Balboa Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,800 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10
  • Assessor Parcel Number 7259017020

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Eastside Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Professional Management Expense $4,000
  • Trash Expense $300
  • Water Sewer Expense $200
  • New Taxes Expense $100
  • Operating Expense $2,600
  • Gross Income $90,000
  • Net Operating Income $88,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 4000.00
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 7259017020
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 343.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Lake, Park, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lawn
  • Lot Size Sq Ft: 3800.00
  • Lot Size Acres: 0.0872

Multi Family

  • Gross Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3800.0000 Square Feet
  • Net Operating Income: 88600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 2600.00

Tax Info

  • New Taxes Expense: 100.00
  • Tax Lot: 1
  • Tax Tract Number: 10

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,304,000 -12.5% $343 / Sq Ft
03/26/2021 03/26/21 For Sale $1,490,000 -- $392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph King

    Balboa Real Estate, Inc.

    (562) 326-1116

    Section Image
  • Josh Ess

    Buyer's Agent in 2021

    Josh Ess

    Buckingham Investments, Inc

    (310) 982-7055

    1 in this area

    27 Total Sales

    Josh Ess
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21062753

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90804 Rose Park

1111 Orizaba Ave, Long Beach, CA

Homes for Sale in Long Beach, CA

This home is located at 1111 Orizaba Ave, Long Beach, CA 90804 since 26 March 2021. This property was built in 1924. 1111 Orizaba Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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