Search
1600 Orizaba Ave, Long Beach, CA 90804
View Photos

1600 Orizaba Ave Long Beach, CA 90804

$2,100,000 Sold Price as of 04/08/2020
  • 17 Beds
  • 11 Baths
  • 6,543 Sq.Ft.
Sold
$2,100,000 Sold Price as of 04/08/2020 Refinance Your Mortgage
Map preview of 1600 Orizaba Ave, Long Beach, CA 90804

Property Overview: 1600 Orizaba Ave Long Beach, CA has 17 bedrooms, 11 bathrooms, 6,543 living square feet and 6,984 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great multi-family, 9-unit building in a good rental area. There are 8 2-bedrooms and 1 1-bedroom and all but 3 units have had some upgrades. The building has 6 garages that are currently used by the owner. With some TLC, there is tremendous potential for income growth from each unit plus the garages as noted in the proforma rental income. The property is across from Nieto Herrera Elementary School and within walking distance to Pacific Coast Hwy, shops and restaurants.

Listed by Ann Stefanucci | BRE #00635764 | Coldwell Banker Realty
Co-listed by Rhonda Baskins | BRE #01182791 | Coldwell Banker Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 136

Home details

Lot Sq. Ft
6,984
HOA Dues
$0/mo
Year built
1963
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19244880
City
Long Beach
County
Los Angeles
Time on Site
1395 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 9
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,475
  • Total Rent: $1,475
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $115,080
  • Net Operating Income: $97,458
  • Gross Operating Income: $111,628
  • Vacancy Allowance: $3,452
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: $14,170
  • Electric: $360
  • Gas/Fuel: $1,200
  • Licenses: $1,000
  • New Taxes: $33,750
  • Trash: $900
  • Insurance: $2,150
  • Maintenance: $5,200
  • Professional Management: $0
  • Water/Sewer: $3,360

Property Details for 1600 Orizaba Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Community, Electric Dryer Hookup, Washer Hookup
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Garage Faces Front, Garage Faces Rear
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7259028007
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Pacific Coast Highway to Orizaba, go south.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1600 Orizaba Ave

Last sold for $2,100,000 on April 8th, 2020

  • April, 2020

  • Apr 8, 2020

    Date

    Sold

    CRMLS: OC19244880

    $2,100,000

    Price

  • Mar 2, 2020

    Date

    Active Under Contract

    CRMLS: OC19244880

    $2,300,000

    Price

  • Feb 23, 2020

    Date

    Price Change

    CRMLS: OC19244880

    $2,300,000

    Price

  • Nov 20, 2019

    Date

    Price Change

    CRMLS: OC19244880

    $2,800,000

    Price

  • Oct 17, 2019

    Date

    Active

    CRMLS: OC19244880

    $3,000,000

    Price

  • April, 2020

  • Apr 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

  • September, 2018

  • Sep 5, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1600 Orizaba Ave

Assessed Value (2020): $416,091
Year Land Value Improved Value Assessed Value
2020 $106,569 $309,522 $416,091

Home Value Compared to the Market

This property vs the competition

1600 Orizaba Ave sold on April 8, 2020 for 187.5% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $351.52 per/sqft which puts the price per square foot 44.38% lower than the current median sale per square foot for the city of Long Beach.

About 1600 Orizaba Ave

Detailed summary of property

1600 Orizaba Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 17 bedrooms, 11 bathrooms, roughly 6,543 living square feet, and sits on an approximately 6,984 square foot lot. 1600 Orizaba Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,100,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 187.5% higher than the current median priced home. Local homes that are currently for sale include 830 Roswell Ave, 441 Dawson Ave and 1000 Ximeno Ave. While the average home in Long Beach, CA is selling in 51 days, 1600 Orizaba Ave has a days on market of 136 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1600 Orizaba Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1600 Orizaba Ave

Public county record property details
Beds
17
Baths
9
Year built
1963
Sq. Ft.
6,543
Lot Size
6,984
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7259-028-007

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
53
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1600 Orizaba Ave

Nearby Homes for Sale

1717 Temple Ave, Long Beach, CA 90804
$1,950,000
9 Beds
9 Baths
4746 Sq.Ft.
1717 Temple Ave
Long Beach, CA 90804
1717 Temple Ave, Long Beach, CA 90804
$1,950,000
9 Beds
8 Baths
4746 Sq.Ft.
1717 Temple Ave
Long Beach, CA 90804
2507 E 14th St, Long Beach, CA 90804
$1,850,000
10 Beds
10 Baths
6067 Sq.Ft.
2507 E 14th St
Long Beach, CA 90804
1148 Stanley Ave, Long Beach, CA 90804
$2,375,000
16 Beds
16 Baths
6240 Sq.Ft.
1148 Stanley Ave
Long Beach, CA 90804
1512 N Stanton Pl, Long Beach, CA 90804
$2,200,000
16 Beds
8 Baths
6960 Sq.Ft.
1512 N Stanton Pl
Long Beach, CA 90804
1050 Molino Ave, Long Beach, CA 90804
$1,799,000
9 Beds
6 Baths
4361 Sq.Ft.
1050 Molino Ave
Long Beach, CA 90804
1706 Sherman Pl, Long Beach, CA 90804
$2,099,000
10 Beds
9 Baths
4226 Sq.Ft.
1706 Sherman Pl
Long Beach, CA 90804
791 Coronado Ave, Long Beach, CA 90804
$2,150,000
12 Beds
7 Baths
5458 Sq.Ft.
791 Coronado Ave
Long Beach, CA 90804
1464 Gardenia Ave, Long Beach, CA 90813
$2,250,000
15 Beds
8 Baths
5112 Sq.Ft.
1464 Gardenia Ave
Long Beach, CA 90813
Open Today 2pm-6pm
4016 E Wilton, Long Beach, CA 90804
$2,499,999
6 Beds
5 Baths
3346 Sq.Ft.
4016 E Wilton
Long Beach, CA 90804
1102 Termino Ave, Long Beach, CA 90804
$2,100,000
8 Beds
7 Baths
5751 Sq.Ft.
1102 Termino Ave
Long Beach, CA 90804
536 Saint Louis Ave, Long Beach, CA 90814
$2,295,000
17 Beds
8 Baths
6198 Sq.Ft.
536 Saint Louis Ave
Long Beach, CA 90814

Recently Sold Homes Near 1600 Orizaba Ave

1604 Orizaba Ave, Long Beach, CA 90804
$1,700,000 Last Sold Price
9 Beds
9 Baths
4086 Sq.Ft.
1604 Orizaba Ave
Long Beach, CA 90804
2905 E 15th St, Long Beach, CA 90804
$1,099,000 Last Sold Price
5 Beds
2 Baths
1921 Sq.Ft.
2905 E 15th St
Long Beach, CA 90804
1721 Freeman Ave, Long Beach, CA 90804
$3,055,000 Last Sold Price
16 Beds
14 Baths
8198 Sq.Ft.
1721 Freeman Ave
Long Beach, CA 90804
3023 E Spaulding St, Long Beach, CA 90804
$900,000 Last Sold Price
6 Beds
3 Baths
1356 Sq.Ft.
3023 E Spaulding St
Long Beach, CA 90804

Related Resources to 1600 Orizaba Ave

New Listings in 90804
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Refi Quote