Joshua Glaz
The Ave
(657) 325-8448
259 Total Sales
1 in Rose Park
$1,860,000 Price
Proud to offer a well-maintained 9 unit apartment building located at 1155 Orizaba Avenue. The property is three blocks west of Redondo Avenue and one block south of Anaheim Street, in the city of Long Beach. The property is a three story walk-up style building consisting of 1 one bedroom/one bathroom units, 8 two bedroom/ two bathroom. The wood frame, painted stucco building offers 8371 rentable square feet and was constructed in 1987. The property offers 17 ground level parking spaces thus making it a prime property for a future condo conversion.
This is a rare opportunity to acquire a new constructed building in the prime rental market of Long Beach. With a stable return on current numbers, true upside in rents for a more aggressive management style, and with the potential condo conversion as an exit strategy this acquisition a perfect addition to any investor’s portfolio.
Last Agent to Sell the Property
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 03/24/2015
Last Buyer's Agent
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 03/24/2015
Joshua Glaz
The Ave
(657) 325-8448
259 Total Sales
1 in Rose Park
$1,860,000 Price
Marivel Kuenstler
Compass
(562) 246-9516
86 Total Sales
2 in Rose Park
$495K - $560K Price Range
Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
186 Total Sales
1 in Rose Park
$425,000 Price
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Rose Park
$955,000 Price
Roddy de la Garza
Epique Realty
(323) 615-1579
115 Total Sales
1 in Rose Park
$1,115,000 Price
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
50 Total Sales
1 in Rose Park
$475,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2015 08/04/15 | Sold | $1,825,000 | 0.0% | $218 / Sq Ft |
| 06/08/2015 06/08/15 | Pending | -- | -- | -- |
| 03/24/2015 03/24/15 | For Sale | $1,825,000 | -- | $218 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $29,506 | $2,203,631 | $1,207,469 | $996,162 |
| 2025 | $29,506 | $2,160,424 | $1,183,794 | $976,630 |
| 2024 | $28,178 | $2,118,064 | $1,160,583 | $957,481 |
| 2023 | $27,699 | $2,076,534 | $1,137,827 | $938,707 |
| 2022 | $26,009 | $2,035,818 | $1,115,517 | $920,301 |
| 2021 | $25,462 | $1,995,901 | $1,093,645 | $902,256 |
| 2020 | $25,394 | $1,979,037 | $1,082,432 | $896,605 |
| 2019 | $25,098 | $1,940,304 | $1,061,208 | $879,096 |
| 2018 | $24,462 | $1,902,330 | $1,040,400 | $861,930 |
| 2016 | $22,482 | $1,825,000 | $1,000,000 | $825,000 |
| 2015 | $8,726 | $654,460 | $161,731 | $492,729 |
| 2014 | $8,710 | $641,641 | $158,563 | $483,078 |
RR
Seller's Agent in 2015
Ryan Rayburn
Marcus & Millichap
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15061558
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