Seller's Agent in 2019
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
2 in this area
59 Total Sales
420 Orange Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
5
Beds
4
Baths
8,672
Sq Ft
0.41
Acre Lot
Highlights
- Golf Course Community
- 0.41 Acre Lot
- Wood Flooring
- Long Beach Polytechnic High School Rated A
- Cape Cod Architecture
- No HOA
About This Home
As of December 2019420 Orange is a sensational, fully rehabbed, turnkey, 11 unit, value add, apartment building:
Large open floor plans, Oak hardwood flooring, classic kitchen & bathroom tile, original crown moldings throughout,
deep built in closets, vintage cabinetry, each unit is individually metered with newer electrical/electrical panel,
EQ retrofit. Laundry room, 11 garages, 26 total parking spaces, a rare find in this heavily impacted parking area. With a
highly desirable unit mix (7, two beds & 4, one beds) and exquisite design, this building is a must for any investors
portfolio. Located in the highly sought after neighborhood of Alamitos Beach. Alamitos Beach is arguably the fastest
growing neighborhood in Long Beach due to Its close proximity to the best of what Long Beach has to offer. Nestled
alongside the Ocean, and neatly positioned between Belmont shore and Downtown. This location makes for a short
walk or drive to restaurants, coffee shops, clothing stores, the arts district/art studios, entertainment, the metro and
much more.
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 03/26/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 17,940 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Landscaped
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Garden
Parking
- 15 Open Parking Spaces
- 11 Car Garage
Home Design
- Cape Cod Architecture
- Property Attached
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 8,672 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Neighborhood Views
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Accessible Home Design
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
- Suburban Location
Utilities
- Wall Furnace
- Natural Gas Connected
- Phone Available
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 5765
- Assessor Parcel Number 7266014004
Community Details
Overview
- No Home Owners Association
- 11 Units
Recreation
- Golf Course Community
- Park
- Bike Trail
Building Details
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $80,580
- Gross Income $272,556
- Net Operating Income $183,910
Ownership History
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2019
Closed on
Dec 2, 2019
Sold by
Bought by
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Michael Abdel-Sayed
Seven Gables Real Estate
List Price
$4,195,000
Sold Price
$3,800,000
Premium/Discount to List
-$395,000
-9.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
0.0375%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 3, 2018
Closed on
Mar 19, 2018
Sold by
Bought by
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Billy Larsen
Real Broker
List Price
$3,000,000
Sold Price
$2,775,000
Premium/Discount to List
-$225,000
-7.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.56%
Purchase Details
Closed on
Aug 17, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
0.0385%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 23, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,328,000
Interest Rate
0.0503%
Mortgage Type
Commercial
Purchase Details
Closed on
May 27, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,250
Interest Rate
0.0604%
Mortgage Type
Commercial
Purchase Details
Closed on
May 20, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,250
Interest Rate
0.0604%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 8, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
0.0824%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,800,000 | Old Republic Title Company | ||
| -- | Old Republic Title Company | ||
| $2,775,000 | Old Republic Title Company | ||
| $2,600,000 | Orange Coast Title Co Socal | ||
| $1,890,000 | Orange Coast Title Company O | ||
| -- | Equity Title Los Angeles | ||
| $1,247,500 | Equity Title Los Angeles | ||
| -- | -- | ||
| $440,000 | Commonwealth Land Title Co | ||
| -- | -- |
Source: Public Records
Mortgage History
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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,400,000 | ||
| Previous Owner | $2,100,000 | ||
| Previous Owner | $1,650,000 | ||
| Previous Owner | $1,328,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $859,250 | ||
| Previous Owner | $387,000 | ||
| Previous Owner | $340,000 |
Source: Public Records
Property History
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2019 12/09/19 | Sold | $3,800,000 | -2.5% | $438 / Sq Ft | |
| 09/20/2019 09/20/19 | Price Changed | $3,899,000 | -2.5% | $450 / Sq Ft | |
| 07/23/2019 07/23/19 | Price Changed | $3,999,000 | -1.2% | $461 / Sq Ft | |
| 07/22/2019 07/22/19 | Price Changed | $4,049,000 | -1.1% | $467 / Sq Ft | |
| 05/20/2019 05/20/19 | Price Changed | $4,095,000 | -2.4% | $472 / Sq Ft | |
| 03/26/2019 03/26/19 | For Sale | $4,195,000 | +51.2% | $484 / Sq Ft | |
| 04/29/2018 04/29/18 | Sold | $2,775,000 | -7.5% | $320 / Sq Ft | View Prior Sale |
| 04/03/2018 04/03/18 | For Sale | $3,000,000 | +15.4% | $346 / Sq Ft | |
| 10/27/2015 10/27/15 | Sold | $2,600,000 | -3.7% | $262 / Sq Ft | View Prior Sale |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- | |
| 07/27/2015 07/27/15 | For Sale | $2,700,000 | -- | $272 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
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 |
|---|---|---|---|---|
| 2025 | $55,467 | $4,155,849 | $2,493,510 | $1,662,339 |
| 2024 | $53,057 | $4,074,363 | $2,444,618 | $1,629,745 |
| 2023 | $52,169 | $3,994,475 | $2,396,685 | $1,597,790 |
| 2022 | $48,964 | $3,916,153 | $2,349,692 | $1,566,461 |
| 2021 | $47,991 | $3,839,367 | $2,303,620 | $1,535,747 |
| 2019 | $39,254 | $2,831,380 | $1,978,800 | $852,580 |
| 2018 | $34,570 | $2,705,920 | $1,893,528 | $812,392 |
| 2016 | $31,787 | $2,600,000 | $1,820,000 | $780,000 |
| 2015 | $24,541 | $2,029,915 | $1,417,719 | $612,196 |
| 2014 | $24,401 | $1,990,152 | $1,389,948 | $600,204 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Jacques
-
Michael Abdel-Sayed
Buyer's Agent in 2019
Michael Abdel-Sayed
Seven Gables Real Estate
(714) 390-5174
19 Total Sales
-
Jeanna Myers
Buyer Co-Listing Agent in 2019
Jeanna Myers
Seven Gables Real Estate
(714) 625-6853
21 Total Sales
-
Billy Larsen
Buyer's Agent in 2018
Billy Larsen
Real Broker
(949) 533-6648
77 Total Sales
-
Marjorie Tyson
Seller's Agent in 2015
Marjorie Tyson
Coldwell Banker Envision
(310) 780-6698
17 Total Sales
-
Kevin King
Buyer's Agent in 2015
Kevin King
Marcus & Millichap
(562) 257-1245
8 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19066833
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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