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625 Orizaba Ave #1, Long Beach, CA 90814
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625 Orizaba Ave #1 Long Beach, CA 90814

$1,570,000 Sold Price as of 10/26/2023
  • 8 Beds
  • 7 Baths
  • 4,596 Sq.Ft.
Sold
$1,570,000 Sold Price as of 10/26/2023 Refinance Your Mortgage
Map preview of 625 Orizaba Ave #1, Long Beach, CA 90814

Property Overview: 625 Orizaba Ave #1 Long Beach, CA has 8 bedrooms, 7 bathrooms, 4,596 living square feet and 5,601 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Long Beach 4 plex just a few blocks from the beach!! Front unit is a 3 bed 1 bath with a yard. Two units upstairs... both are 2 bed 2 bath. 4th unit is 1 bed 1 bath. There are 5 garage spaces and a little courtyard to park. Alley access and plenty of street parking. Fully rented and well maintained.

Listed by Robert Irish | BRE #01844594 | Newport Realty
Last checked: 4 minutes ago | Last updated: October 26th, 2023 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
5,601
HOA Dues
$0/mo
Year built
1978
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
NP23145403
City
Long Beach
County
Los Angeles
Time on Site
411 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,350
  • Total Rent: $3,350
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,417
  • Total Rent: $4,417
  • Pro Forma/Market Rent: $4,417
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,246
  • Total Rent: $1,246
  • Pro Forma/Market Rent: $1,246
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,000
  • Net Operating Income: $98,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 625 Orizaba Ave #1

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7258032013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: 7th and Orizaba
Neighborhood Information
  • Community Features: Curbs, Gutters, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 625 Orizaba Ave #1

Last sold for $1,570,000 on October 26th, 2023

  • October, 2023

  • Oct 26, 2023

    Date

    Sold

    CRMLS: NP23145403

    $1,570,000

    Price

  • Aug 5, 2023

    Date

    Active

    CRMLS: NP23145403

    $1,600,000

    Price

  • September, 2016

  • Sep 9, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,390,000

    Price

Show More

Tax History for 625 Orizaba Ave #1

Assessed Value (2020): $1,475,478
Year Land Value Improved Value Assessed Value
2020 $902,026 $573,452 $1,475,478

Home Value Compared to the Market

This property vs the competition

625 Orizaba Ave #1 sold on October 26, 2023 for 95.36% 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 $348.13 per/sqft which puts the price per square foot 44.57% lower than the current median sale per square foot for the city of Long Beach.

About 625 Orizaba Ave #1

Detailed summary of property

625 Orizaba Ave #1 is a fourplex that recently sold in Long Beach, CA 90814. This fourplex offered 8 bedrooms, 7 bathrooms, roughly 4,596 living square feet, and sits on an approximately 5,601 square foot lot. 625 Orizaba Ave #1 was first listed on ArdentRealEstateGroup.com on August 5, 2023. The homeowner sold the property for $1,570,000. 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 95.36% higher than the current median priced home. Local homes that are currently for sale include 4501 E 4th St, 1147 Ximeno Ave and 1147 Ximeno Ave. While the average home in Long Beach, CA is selling in 62 days, 625 Orizaba Ave #1 has a days on market of 48 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 625 Orizaba Ave #1 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 625 Orizaba Ave #1

Public county record property details
Beds
8
Baths
6
Year built
1978
Sq. Ft.
4,596
Lot Size
5,601
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7258-032-013

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%)

Thinking of Selling?

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Recently Sold Homes Near 625 Orizaba Ave #1

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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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