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362 Orizaba Ave, Long Beach, CA 90814
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362 Orizaba Ave Long Beach, CA 90814

$1,140,000 Sold Price as of 04/07/2021
  • 5 Beds
  • 3 Baths
  • 2,659 Sq.Ft.
Sold
$1,140,000 Sold Price as of 04/07/2021 Refinance Your Mortgage
Map preview of 362 Orizaba Ave, Long Beach, CA 90814

Property Overview: 362 Orizaba Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,659 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Don't miss a great opportunity to own a an income property in a strong rental market neighborhood, Belmont Heights, which is conveniently located near CSULB, VA Hospital, 4th Street Retro Row unique shops, restaurants and coffee houses, DTLB, the beach and easy access to freeways. The 1917 darling 2 bedroom 1 bathroom craftsman style bungalow house in front has a roomy eat-in kitchen, living room with fireplace, dining area, wood floors under carpet, central AC/heat, washer/dryer hook ups, attached direct access to the single car garage with carport for extra parking. Enjoy the private back yard of the house with room for entertaining! The two story apartment in back has 3 bedrooms 2 baths with direct access to a 2 car garage where laundry hook ups are located. Structure built in the '80's. There are 2 very spacious upstairs bedrooms with vaulted ceilings that share a bathroom; 'master' has a skylight, fireplace and access to a private balcony overlooking tree tops. The private patio area behind the apartment is spacious and offers access through the gate to the garage also. Newer garage door. The white fence in back was recently installed. Main drain line to city replaced in 2020. Located on a quiet street the property is within convenient walking distance to a grocery store on corner of 4th and Orizaba! Please do not disturb the occupants.

Listed by Victoria Gibo | BRE #01876306 | Re/Max R. E. Specialists
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1917
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21038989
City
Long Beach
County
Los Angeles
Time on Site
1301 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,200
  • Net Operating Income: $45,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,000
  • New Taxes: $15,625
  • Trash: $100
  • Gardener: $60
  • Insurance: $1,000
  • Water/Sewer: $150

Property Details for 362 Orizaba Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Water Heater
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Direct Garage Access, Driveway, Garage
Lot Information
  • Lot Features: Lawn, Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7257011010
  • Year Built Source: Public Records
  • Property is not Attached
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, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: 3rd Street to Orizaba Avenue
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 362 Orizaba Ave

Last sold for $1,140,000 on April 7th, 2021

  • April, 2021

  • Apr 7, 2021

    Date

    Sold

    CRMLS: PW21038989

    $1,140,000

    Price

  • Apr 2, 2021

    Date

    Pending

    CRMLS: PW21038989

    $1,179,000

    Price

  • Mar 17, 2021

    Date

    Active Under Contract

    CRMLS: PW21038989

    $1,179,000

    Price

  • Mar 7, 2021

    Date

    Price Change

    CRMLS: PW21038989

    $1,179,000

    Price

  • Feb 26, 2021

    Date

    Active

    CRMLS: PW21038989

    $1,250,000

    Price

  • April, 2011

  • Apr 19, 2011

    Date

    Sold (Public Records)

    Public Records

    $680,000

    Price

  • April, 2010

  • Apr 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

Show More

Tax History for 362 Orizaba Ave

Assessed Value (2020): $796,594
Year Land Value Improved Value Assessed Value
2020 $468,586 $328,008 $796,594

Home Value Compared to the Market

This property vs the competition

362 Orizaba Ave sold on April 7, 2021 for 43.96% 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 $443.4 per/sqft which puts the price per square foot 29.39% lower than the current median sale per square foot for the city of Long Beach.

About 362 Orizaba Ave

Detailed summary of property

362 Orizaba Ave is a duplex that recently sold in Long Beach, CA 90814. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,659 living square feet, and sits on an approximately 6,501 square foot lot. 362 Orizaba Ave was first listed on ArdentRealEstateGroup.com on February 26, 2021. The homeowner sold the property for $1,140,000. 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 43.96% higher than the current median priced home. Local homes that are currently for sale include 176 Saint Joseph Ave, 178 Saint Joseph Ave and 5000 E 1st St. While the average home in Long Beach, CA is selling in 62 days, 362 Orizaba Ave has a days on market of 16 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 362 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 362 Orizaba Ave

Public county record property details
Beds
5
Baths
3
Year built
1917
Sq. Ft.
2,659
Lot Size
6,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7257-011-010

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.

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