420 Orange Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
5
Beds
3
Baths
8,672
Sq Ft
0.41
Acres
Highlights
- 17,940 Sq Ft lot
- Wood Flooring
- High Ceiling
- Long Beach Polytechnic High School Rated A
- Tudor Architecture
- Lawn
About This Home
As of December 2019420 Orange is a sensational 11 unit apartment building with:
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 his 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: 04/03/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 0.41 Acre Lot
- Two or More Common Walls
- Block Wall Fence
- Paved or Partially Paved Lot
- Lawn
- Density is 21-25 Units/Acre
Parking
- 15 Open Parking Spaces
- 11 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Tudor Architecture
- Apartment
- Composition Roof
Interior Spaces
- 8,672 Sq Ft Home
- 2-Story Property
- High Ceiling
- Family Room with Fireplace
- Storage
- Neighborhood Views
Kitchen
- Gas Cooktop
- Free-Standing Range
- ENERGY STAR Qualified Appliances
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
- 220 Volts In Laundry
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Wall Furnace
- Underground Utilities
- 220 Volts in Kitchen
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Legal Lot and Block 5 / D
- Tax Tract Number 1
- Assessor Parcel Number 7266014004
Community Details
Overview
- No Home Owners Association
- 11 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 12 Separate Water Meters
- New Taxes Expense $36,000
- Operating Expense $74,963
- Gross Income $4,864
- Net Operating Income $125,405
Similar Homes in the area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2019
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
2 in this area
55 Total Sales
-
Buyer's Agent in 2019
Michael Abdel-Sayed
Seven Gables Real Estate
(714) 390-5174
17 Total Sales
-
Buyer Co-Listing Agent in 2019
Jeanna Myers
Seven Gables Real Estate
(714) 625-6853
19 Total Sales
-
Buyer's Agent in 2018
Billy Larsen
Real Broker
(949) 533-6648
84 Total Sales
-
Seller's Agent in 2015
Marjorie Tyson
Berkshire Hathaway HomeServices California Properties
(310) 780-6698
23 Total Sales
-
Buyer's Agent in 2015
Kevin King
Marcus & Millichap
(562) 257-1245
8 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18074464
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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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