312 Orizaba Ave, Long Beach, CA 90814
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312 Orizaba Ave Long Beach, CA 90814

$1,215,000 Sold Price as of 02/26/2021
  • 3 Beds
  • 3 Baths
  • 2,158 Sq.Ft.
Sold
$1,215,000 Sold Price as of 02/26/2021 Refinance Your Mortgage

Map preview of 312 Orizaba Ave, Long Beach, CA 90814

Property Overview: 312 Orizaba Ave Long Beach, CA has 3 bedrooms, 3 bathrooms, 2,158 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Belmont Heights tri-plex that has been lovingly cared for. These homes are the perfect investment to make in real estate. Three separate units all with 1/1 and each has their own private laundry with machines included. There are two garages, one single car garage for the back home and a two car garage that units 312 & 314 share. Lots of original charm still is in effect with these homes, doors and hardware, crown molding and base boards and the Craftsman charm. Some of the systems have been updated over the years including the plumbing, and electrical meters. The kitchens have been updated over the years also. The "secret garden" backyard has beautiful landscaping and lots of privacy and sprinklers. Long term tenants in all the units also and will hand over to the buyer with tenants. The buyer may have the possibility of the Mills Act (lower property taxes).

Listed by Jennifer Davis | BRE #01383659 | Keller Williams Pacific Estate
Co-listed by Aimee Jarrels | BRE #01489095 | eXp Realty of California, Inc
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1921
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21006053
City
Long Beach
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,900
  • Net Operating Income: $61,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,300
  • New Taxes: $11,150
  • Trash: $2,400
  • Gardener: $1,200
  • Insurance: $1,700

Virtual Tour

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Property Details for 312 Orizaba Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl, Wood
  • Laundry
Interior Features
  • Copper Plumbing Partial
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage - Two Door, On Site
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7257022010
  • Year Built Source: Assessor
  • Architectural Style: Craftsman, Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: West of Redondo and North of 3rd Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Suburban
View more facts & features

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Sale History for 312 Orizaba Ave

Last sold for $1,215,000 on February 26th, 2021
  • February, 2021

  • Feb 26, 2021

    Date

    Sold

    CRMLS: PW21006053

    $1,215,000

    Price

  • Jan 26, 2021

    Date

    Pending

    CRMLS: PW21006053

    $1,150,000

    Price

  • Jan 11, 2021

    Date

    Active

    CRMLS: PW21006053

    $1,150,000

    Price

  • February, 2007

  • Feb 21, 2007

    Date

    Sold (Public Records)

    Public Records

    $907,500

    Price

  • August, 2005

  • Aug 22, 2005

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

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Tax History for 312 Orizaba Ave

Assessed Value (2020): $1,111,740
Year Land Value Improved Value Assessed Value
2020 $796,290 $315,450 $1,111,740

Home Value Compared to the Market

This property vs the competition

312 Orizaba Ave sold on February 26, 2021 for 40.42% 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 $532.9 per/sqft which puts the price per square foot 15.14% lower than the current median sale per square foot for the city of Long Beach.

About 312 Orizaba Ave

Detailed summary of property

312 Orizaba Ave is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 2,158 living square feet, and sits on an approximately 6,500 square foot lot. 312 Orizaba Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,215,000. 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 40.42% higher than the current median priced home. Local homes that are currently for sale include 1509 N Stanton Pl, 176 Saint Joseph Ave and 178 Saint Joseph Ave. While the average home in Long Beach, CA is selling in 62 days, 312 Orizaba Ave has a days on market of 15 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 312 Orizaba Ave Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 312 Orizaba Ave

Public county record property details
Beds
3
Baths
3
Year built
1921
Sq. Ft.
2,158
Lot Size
6,500
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
7257-022-010

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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.