Seller's Agent in 2025
Ray Miramontes
Circle Real Estate
(562) 343-3099
1 in this area
93 Total Sales
1816 Oregon Ave Long Beach, CA 90806
South Wrigley Neighborhood
7
Beds
--
Bath
3,194
Sq Ft
6,674
Sq Ft Lot
Highlights
- Neighborhood Views
- Back and Front Yard
- 5-minute walk to Cressa Park
- Laundry Room
About This Home
As of June 2025One of the Best Deals in Wrigley! Investor or Owner-Occupant Opportunity
Offered at an unbeatable $1,149,900, most of the recently remodeled units, move-in-ready 3-unit property in Long Beach is a gem for investors and owner-occupants. Boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. Each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200—all at current market rates.
Located just minutes from the beach, this property is primed for Airbnb potential, offering even higher returns for short-term rentals. It’s fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work needed—just start collecting rent from day one.
The property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. With the possibility for future development or conversion to an Accessory Dwelling Unit (ADU), the opportunities here are endless.
Everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. Don’t miss out on this rare chance to own a high-income-producing property in a prime Long Beach location. Act fast—deals like this in Wrigley don’t last long!
Last Agent to Sell the Property
Circle Real Estate Brokerage Email: ray@mira-realestate.com License #01931740 Listed on: 10/18/2024
Co-Listed By
Kevin Orantes
Circle Real Estate Brokerage Email: ray@mira-realestate.com License #02068882
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,674 Sq Ft Lot
- No Common Walls
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 7 Bedrooms
- 3,194 Sq Ft Home
- 2-Story Property
- Neighborhood Views
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 10 / 2
- Tax Tract Number 1900
- Assessor Parcel Number 7202030031
- $770 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
- Wrigley Area Subdivision
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $1,200
- Water Sewer Expense $1,350
- Operating Expense $2,750
- Net Operating Income $70,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2025
Sold by
2018 Joseph Rudolph Svitak Living Trust and Stephens Kayla
Bought by
Heng Sokh and Chhun Tharet
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2018
Sold by
Svitak Joseph R
Bought by
Liv Harris Jemal and Liv 2018 Joseph Rudolph Svitak
Purchase Details
Closed on
Jun 27, 2018
Sold by
Patel Nitesh Kumar G and Heidi H Svitak Trust
Bought by
Svitak Joseph R
Purchase Details
Closed on
Mar 11, 2014
Sold by
Svitak Heidi H
Bought by
Svitak Heidi H and Heidi H Svitak Trust
Purchase Details
Closed on
Apr 29, 2013
Sold by
Svitak Heidi
Bought by
Svitak Hideko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2009
Sold by
Svitak Hideko
Bought by
Svitak Hideko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2002
Sold by
Svitak Hideko
Bought by
Svitak Hideko
Purchase Details
Closed on
Jan 12, 2000
Sold by
Svitak Hideko
Bought by
Svitak Hideko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.84%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Orange | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $147,000 | New Conventional | |
| Previous Owner | $45,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $1,200,000 | +4.4% | $376 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | Price Changed | $1,149,900 | 0.0% | $360 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $1,149,900 | -4.2% | $360 / Sq Ft |
| 01/18/2025 01/18/25 | Off Market | $1,200,000 | -- | -- |
| 01/18/2025 01/18/25 | For Sale | $1,229,990 | +2.5% | $385 / Sq Ft |
| 11/13/2024 11/13/24 | Off Market | $1,200,000 | -- | -- |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | For Sale | $1,229,990 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,168 | $119,825 | $33,311 | $86,514 |
| 2024 | $2,168 | $117,476 | $32,658 | $84,818 |
| 2023 | $2,127 | $115,173 | $32,018 | $83,155 |
| 2022 | $2,021 | $112,916 | $31,391 | $81,525 |
| 2021 | $1,956 | $110,703 | $30,776 | $79,927 |
| 2020 | $1,949 | $110,489 | $30,461 | $80,028 |
| 2019 | $1,927 | $108,341 | $29,864 | $78,477 |
| 2018 | $1,758 | $106,236 | $29,279 | $76,957 |
| 2017 | $1,738 | $103,252 | $28,705 | $74,547 |
| 2016 | $1,601 | $101,229 | $28,143 | $73,086 |
| 2015 | $1,549 | $99,710 | $27,721 | $71,989 |
| 2014 | $1,557 | $97,757 | $27,178 | $70,579 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Miramontes
-
K
Seller Co-Listing Agent in 2025
Kevin Orantes
Circle Real Estate
-
Poe Ngo
P
Buyer's Agent in 2025
Poe Ngo
RE/MAX
(909) 291-5388
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24212754
APN: 7202-030-031
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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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