Seller's Agent in 2021
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
5 in this area
74 Total Sales
1035 Orange Ave Long Beach, CA 90813
Hellman Neighborhood
7
Beds
3
Baths
4,093
Sq Ft
7,501
Sq Ft Lot
About This Home
As of June 20211035 Orange Avenue is a six-unit apartment building in the heart of Long Beach. The property features a desirable mix of two and three bedroom units that are bright and spacious. The building also offers four parking spaces and is separately metered for gas and electric. There is approximately 21.4% rental upside potential and the ability to achieve extra upside with parking space income. With billions of dollars in privately and publicly-funded development taking place, Long Beach is in the midst of a full-scale transformation into a premier metropolitan city, attracting an influx of new businesses, high-quality jobs and an educated, professional demographic of residents.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 02/16/2021
Last Buyer's Agent
John Alden
Alden Pacific Investments, Inc. License #02114291
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,499 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
Interior Spaces
- 4,093 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 16 / B
- Tax Tract Number 5764
- Assessor Parcel Number 7267006018
Community Details
Overview
- 2 Buildings
- 6 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,125
- Fuel Expense $1,125
- Insurance Expense $2,047
- Maintenance Expense $3,300
- Other Expense $1,200
- Pest Control $500
- Professional Management Expense $5,791
- Trash Expense $1,125
- Water Sewer Expense $1,125
- New Taxes Expense $20,807
- Operating Expense $38,844
- Gross Income $115,813
- Net Operating Income $76,969
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/10/2021 06/10/21 | Sold | $1,620,000 | -3.3% | $396 / Sq Ft | |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- | |
| 02/16/2021 02/16/21 | For Sale | $1,675,000 | +34.0% | $409 / Sq Ft | |
| 12/08/2017 12/08/17 | Sold | $1,250,000 | 0.0% | $305 / Sq Ft | View Prior Sale |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- | |
| 10/06/2017 10/06/17 | For Sale | $1,250,000 | -- | $305 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,609 | $1,753,538 | $1,136,553 | $616,985 |
| 2024 | $22,594 | $1,719,156 | $1,114,268 | $604,888 |
| 2023 | $22,213 | $1,685,448 | $1,092,420 | $593,028 |
| 2022 | $20,853 | $1,652,400 | $1,071,000 | $581,400 |
| 2021 | $16,791 | $1,313,972 | $919,781 | $394,191 |
| 2020 | $16,747 | $1,300,980 | $910,350 | $390,630 |
| 2019 | $16,552 | $1,275,480 | $892,500 | $382,980 |
| 2018 | $16,043 | $1,250,480 | $875,000 | $375,480 |
| 2017 | $11,698 | $882,760 | $360,309 | $522,451 |
| 2016 | $9,021 | $705,000 | $337,200 | $367,800 |
| 2015 | $8,171 | $650,000 | $310,900 | $339,100 |
| 2014 | $8,285 | $650,000 | $310,900 | $339,100 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
J
Buyer's Agent in 2021
John Alden
Alden Pacific Investments, Inc.
-
David Loveless
Seller's Agent in 2017
David Loveless
RE/MAX
(562) 594-6753
3 Total Sales
-
Joan Chase Swing
Buyer's Agent in 2017
Joan Chase Swing
RE/MAX
(562) 708-3157
61 Total Sales
-
Gay-Lynn Barnes
G
Buyer Co-Listing Agent in 2017
Gay-Lynn Barnes
eXp Realty of California Inc.
(888) 832-7179
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21032054
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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