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6130 Orange Ave, Long Beach, CA 90805
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6130 Orange Ave Long Beach, CA 90805

$940,000 Sold Price as of 10/29/2019
  • 7 Beds
  • 4 Baths
  • 3,335 Sq.Ft.
Sold
$940,000 Sold Price as of 10/29/2019 Refinance Your Mortgage
Map preview of 6130 Orange Ave, Long Beach, CA 90805

Property Overview: 6130 Orange Ave Long Beach, CA has 7 bedrooms, 4 bathrooms, 3,335 living square feet and 4,706 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Large Extremely well maintained Triplex. 3 large units all w/open floor plans. Over the past 5 yrs the bldg has had a new roof, Double Pane windows, New wall A/C & heater systems, new security cameras all around the building, motion detectors & monitoring equipment, new security front gate, New premium quality heavy duty steel security screens on all front doors. Newly remolded 3 bed/2 bath w/1,335 sq ft. has beautiful wood laminate flooring throughout. Kitchen has new cabinets, granite counters, & tile floors. Bathrooms have granite counter tops & tile flooring as well. Master has floor to ceiling closets, New interior doors, New blinds throughout, Scraped ceilings, New concrete patio in the back yard (drought friendly landscaping). All 5 single car garages have new roll up doors & storage area inside, interior lights & new lights outside above each garage. Newly pressure washed exterior. Both 2 beds both have very large living rooms and kitchens w/lots of cabinet space. Both bedrooms are large w/walk in closets. Large separate laundry room has full sized side-by-side coin operated washer & dryer including wood cabinets with tons of storage. Everything in the owners garage stays incl; desk w/computer monitor, Craftsman tool cabinet & all tools, New vise clamp on work bench, shop Vac, grinder. Great up-and coming area in Long Beach. Check out the financial analysis in the supplements link. Proforma rents will give you a 5.3% cap rate. All units are month-to-month agreements.

Listed by Cassidy Tutt | BRE #01395351 | WGroup Realtors
Co-listed by Autumn Anderson | BRE #01429170 | WGroup Realtors
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
4,706
HOA Dues
$0/mo
Year built
1978
Garage
5 Car
Property Type:
Triplex
Status
Sold
MLS#
PW19192582
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: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: 13.45
  • Gross Scheduled Income: $71,400
  • Net Operating Income: $50,982
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,703
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,770
  • Trash: $0
  • Insurance: $1,029
  • Maintenance: $1,800
  • Water/Sewer: $4,503

Property Details for 6130 Orange Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Laundry, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Gas Range, Microwave
Interior Features
  • Balcony, Granite Counters
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Closed Circuit Camera(s), Gated Community
Exterior Features
Exterior Information
  • Lighting
  • Has Fence
  • Chain Link, Security, See Remarks, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Built-In Storage, Garage Faces Side, Garage - Single Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7118021009
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Just North of South St.
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 6130 Orange Ave

Last sold for $940,000 on October 29th, 2019

  • October, 2020

  • Oct 7, 2020

    Date

    Canceled

    CRMLS: TR20094164

    $965,000

    Price

  • Jun 17, 2020

    Date

    Price Change

    CRMLS: TR20094164

    $965,000

    Price

  • May 17, 2020

    Date

    Active

    CRMLS: TR20094164

    $974,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic triplex located in a high rental demand area of Long Beach. Features an attractive mix of units: (1) 3 bedroom/2 bath and (2) 2 bedroom/1 bath. All units offer spacious living with open floor plans. Constructed in 1978 with copper plumbing which is a plus. Units are all individually metered for gas and electric. Select units have been fully renovated with additional improvements such as vinyl windows, new garage doors, security gates, screen doors, concrete stairways, outdoor cameras, low energy lighting, and water conservation landscape. Both upstairs units have their own cozy porches great for lounging outside and enjoying the weather. The 3 bedroom unit is approximately 1200 sq ft and offers a restroom in the master suite. The 2 bedroom units are approximately 1080 sq ft and offer over-sized closets with plenty of space. This property is professionally maintained and low maintenance. There are 5 garages so the 2 extra garages can be rented out for additional income. The spacious onsite laundry room generates additional income and laundry machines are owned, not leased. In the rear, there is private backyard great for having barbeques and small gatherings. Tenants are month-to-month long term tenants. There is plenty of upside in rental income. Property is conveniently located near schools, colleges, shopping, downtown, and minutes away from the freeway. This is an investment opportunity you don't want to miss.

  • October, 2019

  • Oct 30, 2019

    Date

    Sold

    CRMLS: PW19192582

    $940,000

    Price

  • Oct 23, 2019

    Date

    Pending

    CRMLS: PW19192582

    $960,000

    Price

  • Sep 15, 2019

    Date

    Active Under Contract

    CRMLS: PW19192582

    $960,000

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: PW19192582

    $960,000

    Price

  • Sep 4, 2019

    Date

    Hold

    CRMLS: PW19192582

    $960,000

    Price

  • Aug 22, 2019

    Date

    Price Change

    CRMLS: PW19192582

    $960,000

    Price

  • Aug 13, 2019

    Date

    Active

    CRMLS: PW19192582

    $975,000

    Price

  • October, 2019

  • Oct 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $940,000

    Price

Show More

Tax History for 6130 Orange Ave

Assessed Value (2020): $940,000
Year Land Value Improved Value Assessed Value
2020 $300,000 $640,000 $940,000

Home Value Compared to the Market

This property vs the competition

6130 Orange Ave sold on October 29, 2019 for 17.22% 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 $287.86 per/sqft which puts the price per square foot 54.16% lower than the current median sale per square foot for the city of Long Beach.

About 6130 Orange Ave

Detailed summary of property

6130 Orange Ave is a triplex that recently sold in Long Beach, CA 90805. This triplex offered 7 bedrooms, 4 bathrooms, roughly 3,335 living square feet, and sits on an approximately 4,706 square foot lot. 6130 Orange Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $940,000. 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 17.22% higher than the current median priced home. Local homes that are currently for sale include 2223 Locust, 2175 Earl Ave and 401 E 21st St. While the average home in Long Beach, CA is selling in 62 days, 6130 Orange Ave has a days on market of 30 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 6130 Orange Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 6130 Orange Ave

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
3,335
Lot Size
4,705
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7118-021-009

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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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