3540 Orange Ave, Long Beach, CA 90807
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3540 Orange Ave Long Beach, CA 90807

$1,180,000 Sold Price as of 03/20/2020
  • 5 Beds
  • 4 Baths
  • 2,710 Sq.Ft.
Sold
$1,180,000 Sold Price as of 03/20/2020 Refinance Your Mortgage

Map preview of 3540 Orange Ave, Long Beach, CA 90807

Property Overview: 3540 Orange Ave Long Beach, CA has 5 bedrooms, 4 bathrooms, 2,710 living square feet and 5,879 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***BACK ON THE MARKET**BUYER COULD NOT PERFORM Unique opportunity to own a beautiful income property in the heart of the historical district of Cal Heights! Landscaping thorough out the property features water wise plants and artificial turf for minimal water and gardening maintenance. The front house is a charming traditional style 2 berdoom with 2 full baths. The house was re modeled with attention to detail, leaving the kitchen with its original vintage tile work. Hardwood flooring throughout. Tons of cabinets, separate laundry room and in kitchen eating area with french doors. Follow the stone walkway to the rear units, both completely remodeled and upgraded in 2019. The 1 bedroom 1 bath downstairs unit has quartz counter tops, Wynstan security screens, custom window coverings, convenient in unit laundry, its own private side yard, private storage unit, and 1 parking space. The upstairs 2-bedroom 1 bath unit, is also completely remodeled with all new appliances, tile and flooring. Unit also has its own 1 car garage with inside laundry. Recent upgrades include tank-less water heaters for all units, ceiling fans, dual pane windows, separate and upgraded electrical and separate central AC's and heat for each unit, copper plumbing, crown molding and newer roofing. Don’t miss out on this great investment!

Listed by Sativia Salazar | BRE #01315715 | Home Smart Realty Group
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
5,879
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW19281921
City
Long Beach
County
Los Angeles
Time on Site
1521 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: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $72,559
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,241
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Trash: $360
  • Gardener: $0
  • Insurance: $773
  • Workman's Comp: $0
  • Professional Management: $1,500
  • Water/Sewer: $1,608

Property Details for 3540 Orange Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7146027007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: California Heights (CH)
  • Directions: on Orange Ave, North of Wardlow and South of 36th st
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3540 Orange Ave

Last sold for $1,180,000 on March 20th, 2020
  • March, 2020

  • Mar 23, 2020

    Date

    Sold

    CRMLS: PW19281921

    $1,180,000

    Price

  • Mar 16, 2020

    Date

    Active Under Contract

    CRMLS: PW19281921

    $1,250,000

    Price

  • Feb 12, 2020

    Date

    Active

    CRMLS: PW19281921

    $1,250,000

    Price

  • Feb 6, 2020

    Date

    Hold

    CRMLS: PW19281921

    $1,250,000

    Price

  • Dec 16, 2019

    Date

    Active

    CRMLS: PW19281921

    $1,250,000

    Price

  • March, 2020

  • Mar 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,180,000

    Price

  • November, 2019

  • Nov 2, 2019

    Date

    Leased

    CRMLS: PW19247807

    $2,150

    Price

  • Oct 31, 2019

    Date

    Pending

    CRMLS: PW19247807

    $2,150

    Price

  • Oct 21, 2019

    Date

    Active

    CRMLS: PW19247807

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    Available NOW!! 2 bedroom/1 bath upstairs unit for rent in California Heights! Completely remodeled .The kitchen is a must see!! Freshly painted cabinets with plenty of storage, all new stainless appliances, brand new tile flooring throughout. Central AC & heat and tank-less Water heater installed in 2018. The freshly painted bedrooms include a remodeled mirrored double door closet and ceiling fans. Modern recessed light fixtures throughout. Bathroom is very classy with a framed mirror above stone top vanity. For your convenience this unit includes inside laundry and 1 car private garage. The unit is located in a triplex, with shared outside patio, yard and gas BBQ for the tenants use. This will not last. We are Pet Friendly !

  • October, 2018

  • Oct 24, 2018

    Date

    Sold

    CRMLS: PW18216079

    $980,000

    Price

  • Oct 17, 2018

    Date

    Pending

    CRMLS: PW18216079

    $985,000

    Price

  • Sep 12, 2018

    Date

    Active Under Contract

    CRMLS: PW18216079

    $985,000

    Price

  • Sep 5, 2018

    Date

    Active

    CRMLS: PW18216079

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    Great income property in the Historic District of Cal Heights! 1948 front house is as clean as a whistle, mid-century vintage tile work in kitchen and full bath with hardwood floors throughout. Tons of cabinets, separate laundry room and cute kitchen eating area with bay window. House gets tons of natural sunlight. Recent upgrades include tankless water heaters for all units, ceiling fans, dual pane windows, separate and upgraded electrical and separate central AC's and heat for each unit, copper plumbing, crown molding, stone walkway to the rear units, newer fence and roof installed 2008. Lower rear unit is a one bedroom, two bath unit and has newer cabinets, ceramic tile counters, and direct access into the laundry room. Upper two bedroom, one bath unit has granite counters, stainless appliances and pergo flooring thruout. Bathroom is remodeled. Large living and dining area combination with lots of light and nice sunset views. Laundry room in garage is shared by both back units. Property exterior recently painted in the last 2-3 months. Property being sold as is. Great tenants would like to stay, if possible. Two of the units are occupied by tenants that have lived at the property for 6+ years. Additional matching storage sheds (built to match buildings on property) for extra tenant storage. Nice rear grass yard between the two buildings. Attached photo's are of the exterior of both buildings and the interior of the front house.

  • October, 2018

  • Oct 22, 2018

    Date

    Sold (Public Records)

    Public Records

    $980,000

    Price

Show More

Tax History for 3540 Orange Ave

Assessed Value (2020): $999,600
Year Land Value Improved Value Assessed Value
2020 $510,000 $489,600 $999,600

Home Value Compared to the Market

This property vs the competition

3540 Orange Ave sold on March 20, 2020 for 52.63% 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 $461.25 per/sqft which puts the price per square foot 26.55% lower than the current median sale per square foot for the city of Long Beach.

About 3540 Orange Ave

Detailed summary of property

3540 Orange Ave is a triplex that recently sold in Long Beach, CA 90807. This triplex offered 5 bedrooms, 4 bathrooms, roughly 2,710 living square feet, and sits on an approximately 5,879 square foot lot. 3540 Orange Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,180,000. 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 52.63% higher than the current median priced home. Local homes that are currently for sale include 1921 E Washington St, 1930 Magnolia Ave and 1509 N Stanton Pl. While the average home in Long Beach, CA is selling in 62 days, 3540 Orange Ave has a days on market of 84 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 3540 Orange Ave Long Beach, CA 90807 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3540 Orange Ave

Public county record property details
Beds
5
Baths
5
Year built
1948
Sq. Ft.
2,710
Lot Size
5,879
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15,16
APN
7146-027-007

The source for these homes facts are from public records.

90807 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$959,000
Median List Price/Sq.Ft.
$603
Median Sold Price
$1,055,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
74
Median Sale to List Price %
100.48%
Avg Days on Market
14
Loan Type
Conventional (54.55%), FHA (0%), VA (4.55%), Cash (9.09%), Other (22.73%)

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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.