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1514 Orange Ave, Long Beach, CA 90813
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1514 Orange Ave Long Beach, CA 90813

$1,139,000 Sold Price as of 01/07/2022
  • 7 Beds
  • 3 Baths
  • 2,095 Sq.Ft.
Sold
$1,139,000 Sold Price as of 01/07/2022 Refinance Your Mortgage
Map preview of 1514 Orange Ave, Long Beach, CA 90813

Property Overview: 1514 Orange Ave Long Beach, CA has 7 bedrooms, 3 bathrooms, 2,095 living square feet and 5,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Renovated Triplex in the Poly District in Long Beach! Located down the street from Long Beach City College and a short commute to the Marina, this triplex makes for a perfect investment unit - you can rent all three units or live in one and rent out the rest. The back building consists of a 2 bed / 1 bath duplex with identical floor plans. The Unit to the right has been recently upgraded with new luxury vinyl flooring, fresh paint, new baseboards, tile surround tub with new fixtures, brand new kitchen with Quartz countertops and soft close cabinets, recessed lights in the kitchen and the living room and new doors. The outside has been freshly painted, new double pane windows (installation is in a few weeks) and a new roof with a 30 year warranty. The front unit consist of a 3 bed 1 bath apartment. In terms of rent, the duplex in the back can rent for $4,000 per month total (one of the units is currently rented for $2,000 per month) and the front 3 bedroom is currently renting for $3,000 per month bringing the total monthly pro forma to $7,000 per month ($84,000 / year). Recent comps: 4-plex on Gundry sold for almost $1.4 M producing $100k per year. Photos are from the renovated unit (virtually staged). Professional photos coming soon.

Listed by Andrew Brown | BRE #02054866 | Alta Realty Group CA, Inc
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: -7

Home details

Lot Sq. Ft
5,840
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
OC21206297
City
Long Beach
County
Los Angeles
Time on Site
1095 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $84,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1514 Orange Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Kitchen, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Electric Oven, Free-Standing Range, Gas Range
Interior Features
  • Recessed Lighting, Storage
  • Levels: One
  • Window Features: Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7268035024
  • Year Built Source: Public Records
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey, Under Construction, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Head South on Orange Ave from PCH, Turn Left onto 15th Street, Go around the circle and the property is on the left side.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1514 Orange Ave

Last sold for $1,139,000 on January 7th, 2022

  • January, 2022

  • Jan 7, 2022

    Date

    Sold

    CRMLS: OC21206297

    $1,139,000

    Price

  • Dec 7, 2021

    Date

    Hold

    CRMLS: OC21206297

    $1,199,000

    Price

  • Oct 9, 2021

    Date

    Active

    CRMLS: OC21206297

    $1,199,000

    Price

  • Sep 29, 2021

    Date

    Hold

    CRMLS: OC21206297

    $1,199,000

    Price

  • Sep 18, 2021

    Date

    Coming Soon

    CRMLS: OC21206297

    $1,199,000

    Price

  • July, 2017

  • Jul 18, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1514 Orange Ave

Assessed Value (2020): $145,075
Year Land Value Improved Value Assessed Value
2020 $54,522 $90,553 $145,075

Home Value Compared to the Market

This property vs the competition

1514 Orange Ave sold on January 7, 2022 for 39.07% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $543.68 per/sqft which puts the price per square foot 13.43% lower than the current median sale per square foot for the city of Long Beach.

About 1514 Orange Ave

Detailed summary of property

1514 Orange Ave is a triplex that recently sold in Long Beach, CA 90813. This triplex offered 7 bedrooms, 3 bathrooms, roughly 2,095 living square feet, and sits on an approximately 5,840 square foot lot. 1514 Orange Ave was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $1,139,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 39.07% higher than the current median priced home. Local homes that are currently for sale include 1961 Pine Ave, 2311 E 6th St and 2223 Locust. While the average home in Long Beach, CA is selling in 62 days, 1514 Orange Ave has a days on market of -7 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1514 Orange Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1514 Orange Ave

Public county record property details
Beds
7
Baths
3
Year built
1930
Sq. Ft.
2,095
Lot Size
5,845
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
7268-035-024

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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