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280 Orizaba Ave, Long Beach, CA 90803
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280 Orizaba Ave Long Beach, CA 90803

$1,550,000 Sold Price as of 11/02/2020
  • 6 Beds
  • 3 Baths
  • 3,174 Sq.Ft.
Sold
$1,550,000 Sold Price as of 11/02/2020 Refinance Your Mortgage
Map preview of 280 Orizaba Ave, Long Beach, CA 90803

Property Overview: 280 Orizaba Ave Long Beach, CA has 6 bedrooms, 3 bathrooms, 3,174 living square feet and 4,991 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful historic Spanish style Triplex in Belmont Heights. This property has been meticulously renovated and maintained. Property consists of a 3 bed/ 1 ba, 2 bed/ 1ba and 1 bed/ 1 ba. All units have refinished original hardwood floors, original built-ins and classic touches through out. Two of the units have balconies, fireplaces and window AC units. Each unit has ceiling fans, indoor laundry and garages. The 3 bedroom has a 2 car garage and the other 2 units have their own garages along with additional parking for 3 cars. Drive by and you will see just how beautifully maintained every inch of this property is. From the newer roof, beautiful stained glass windows, prestine wood decks, all the way down to the patio and yard. All 3 units are currently rented with tenants on month to month rental agreements. This is an ideal turn key investment property and also perfect to live in one unit and rent out the rest. Located walking distance to the beach, grocery stores, retro- row and cafes.

Listed by Spencer Snyder | BRE #01912506 | Nationwide Real Estate Execs
Co-listed by Julie Borisy | BRE #01983835 | Nationwide Real Estate Execs
Last checked: 6 minutes ago | Last updated: July 29th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
4,991
HOA Dues
$0/mo
Year built
1921
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS20183049
City
Long Beach
County
Los Angeles
Time on Site
1352 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $64,700
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $14,500
  • New Taxes: $9,600
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,500
  • Water/Sewer: $1,200

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 280 Orizaba Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile, Wood
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Gas Range, Refrigerator, Water Heater
Interior Features
  • Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Tile Counters
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows, Stained Glass, Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Brick, Stucco Wall
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Landscaped, Patio Home, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7257028024
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Cross Streets #rd and Orizaba
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 280 Orizaba Ave

Last sold for $1,550,000 on November 2nd, 2020

  • July, 2023

  • Jul 29, 2023

    Date

    Canceled

    CRMLS: OC23042199

    $1,725,000

    Price

  • Apr 3, 2023

    Date

    Active

    CRMLS: OC23042199

    $1,890,000

    Price

  • Listing provided courtesy of CRMLS

    Located in The Bluff Heights of Long Beach, this beautiful Spanish Style Triplex was built in 1921 and meticulously maintained! The property consists of: 3 bedroom/1 bathroom with garage, 2 Bedroom/1 Bathroom with a garage and a 1 Bedroom/1 Bathroom with additional storage space and a defined parking spot. EACH UNIT HAS ADDITIONAL STORAGE SPACE, PARKING, LAUNDRY and CEILING FANS!!! All units are currently rented. All units have refinished original hardwood floors. There are original built-ins and classic touches throughout. Two of the units have fireplaces. Two of the units have balconies and window A/C units. Seismic Retrofit of existing wood framed building. Upgraded electrical service and one water heater recently replaced. It has beautiful stained glass windows, pristine wood decks, a patio and a yard. This is a gem of an investment property! You could easily live in one and have the other 2 pay your mortgage. Located close to the Beach, grocery stores, retro-row and cafes.

  • November, 2020

  • Nov 2, 2020

    Date

    Sold

    CRMLS: RS20183049

    $1,550,000

    Price

  • Oct 29, 2020

    Date

    Pending

    CRMLS: RS20183049

    $1,595,000

    Price

  • Sep 23, 2020

    Date

    Active Under Contract

    CRMLS: RS20183049

    $1,595,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: RS20183049

    $1,595,000

    Price

  • Sep 5, 2020

    Date

    Coming Soon

    CRMLS: RS20183049

    $1,595,000

    Price

  • November, 2020

  • Nov 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

  • January, 2003

  • Jan 10, 2003

    Date

    Sold (Public Records)

    Public Records

    $590,000

    Price

Show More

Tax History for 280 Orizaba Ave

Assessed Value (2020): $781,333
Year Land Value Improved Value Assessed Value
2020 $297,963 $483,370 $781,333

Home Value Compared to the Market

This property vs the competition

280 Orizaba Ave sold on November 2, 2020 for 99.38% 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 $502.52 per/sqft which puts the price per square foot 20.49% lower than the current median sale per square foot for the city of Long Beach.

About 280 Orizaba Ave

Detailed summary of property

280 Orizaba Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 3,174 living square feet, and sits on an approximately 4,991 square foot lot. 280 Orizaba Ave was first listed on ArdentRealEstateGroup.com on September 5, 2020. The homeowner sold the property for $1,550,000. 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 99.38% higher than the current median priced home. Local homes that are currently for sale include 1761 Redondo Ave, 1120-1124 E Hellman St and 1615 Cherry Ave. While the average home in Long Beach, CA is selling in 51 days, 280 Orizaba Ave has a days on market of 7 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 280 Orizaba Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 280 Orizaba Ave

Public county record property details
Beds
6
Baths
3
Year built
1921
Sq. Ft.
3,174
Lot Size
4,991
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45-48
APN
7257-028-024

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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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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