NOT LISTED FOR SALE
10 Beds
10 Baths
3,958 Sq Ft
5,141 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $1,320,000 $334 Per Sq Ft

56 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • No HOA
  • Woodrow Wilson High School Rated A
  • Property is near park
  • 3-minute walk to Orizaba Park

About This Home

As of November 2018

This home is located at 1490 Orizaba Ave, Long Beach, CA 90804 since 22 August 2018. This property was built in 1987. 1490 Orizaba Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Intellectual Virtues Academy.

Last Agent to Sell the Property

Aaron Clifton

eXp Realty of Greater Los Angeles License #01390101 Listed on: 08/22/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Aaron Clifton

eXp Realty of Greater Los Angeles License #01390101 Listed on: 08/22/2018

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 5,141 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Gentle Sloping Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage
  • Subterranean Parking
  • Parking Available
  • Gated Parking
  • Controlled Entrance

Home Design

  • Apartment

Interior Spaces

  • 3,958 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Location

  • Property is near park
  • Urban Location

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 575103
  • Assessor Parcel Number 7259026001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $975
  • Insurance Expense $180
  • Professional Management Expense $5,000
  • Water Sewer Expense $4,855
  • New Taxes Expense $19,000
  • Operating Expense $25,000
  • Gross Income $56,000
  • Net Operating Income $70,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 4855.00
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7259026001
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Three Or More
  • Price Per Square Foot: 333.50

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Gated, Private, Subterranean
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Gentle Sloping, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front
  • Lot Size Sq Ft: 5141.00
  • Lot Size Acres: 0.1180

Multi Family

  • Electric Expense: 975.00
  • Gross Income: 56000.00
  • Gross Scheduled Income: 83700.00
  • Insurance Expense: 180.00
  • Lot Size Area: 5141.0000 Square Feet
  • Net Operating Income: 70000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Expenses: 25000.00

Tax Info

  • New Taxes Expense: 19000.00
  • Tax Census Tract: 5751.03
  • Tax Lot: 1
  • Tax Tract Number: 575103
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $1,320,000 -12.0% $334 / Sq Ft
10/22/2018 10/22/18 For Sale $1,500,000 0.0% $379 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/16/2018 10/16/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $1,500,000 -6.2% $379 / Sq Ft
09/20/2018 09/20/18 Price Changed $1,599,000 -0.1% $404 / Sq Ft
08/22/2018 08/22/18 For Sale $1,600,000 -- $404 / 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 $27,161 $2,148,426 $1,352,520 $795,906
2024 $27,161 $2,106,300 $1,326,000 $780,300
2023 $26,706 $2,065,000 $1,300,000 $765,000
2022 $17,480 $1,387,553 $840,942 $546,611
2021 $17,126 $1,360,347 $824,453 $535,894
2019 $16,882 $1,320,000 $800,000 $520,000
2018 $13,753 $1,071,922 $428,768 $643,154
2016 $12,648 $1,030,300 $412,119 $618,181
2015 $12,143 $1,014,825 $405,929 $608,896
2014 $12,068 $994,947 $397,978 $596,969
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18229961

California Regional Multiple Listing Service (CRMLS)