NOT LISTED FOR SALE

Estimated Value: $847,000 - $964,000

4 Beds
2 Baths
1,700 Sq Ft
$530/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $805,000 $474 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,801/month

56 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • Wood Flooring
  • RV Access or Parking
  • Open Floorplan
  • 5-minute walk to Jackson Park

About This Home

As of September 2022

5279 and 5281 Orange Ave - Excellent opportunity to make this updated duplex yours! Both units of this income property are 2 bed/1 bath and sit on a substantial sized lot with lots of potential! The front unit has refinished wood floors, updated porcelain tile floors (2022), remodeled laundry room (2022), and updated bathroom (2017), and a gated private backyard. The back unit is a slightly larger "owner's unit" and recently remodeled with an open concept including remodeled kitchen (2020), and laundry room (2020), refinished wood floors, central heat, and whole house fan. Duplex units have separate utilities and updated copper plumbing. Milgard Energy Star dual pane windows installed in both units 2020. The property also features an extra-large 2 car garage with 220v. A rolling security gate gives access to the huge backyard with 2 more parking spots and a shed. Lot size allows for potential ADU.

Last Agent to Sell the Property

Danielle Compton

Keller Williams Pacific Estate License #02120298 Listed on: 06/14/2022

Keller Williams Pacific Estate

Last Buyer's Agent

Danielle Compton

Keller Williams Pacific Estate License #02120298 Listed on: 06/14/2022

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,705

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,260 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Duplex
  • Raised Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Whole House Fan
  • Central Heating
  • Wall Furnace
  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 48
  • Tax Tract Number 13635
  • Assessor Parcel Number 7130030021

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,705

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 422500
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR3T
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7130030021
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 473.53
  • Room Type: All Bedrooms Down, Laundry
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Gated, Oversized, RV Access/Parking
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7260.00
  • Lot Size Acres: 0.1667

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 43080.00
  • Lot Size Area: 7260.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 43080.00

Tax Info

  • Tax Census Tract: 5706.01
  • Tax Lot: 48
  • Tax Tract Number: 13635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 10, 2022
Sold by
Lee Hardy Jason and Lee Michelle Ambyr
Bought by
Ruan Francisco and Ruan Vicenta
Seller's Agent
Danielle Compton
Keller Williams Pacific Estate
Buyer's Agent
Danielle Compton
Keller Williams Pacific Estate
List Price
$945,000
Sold Price
$805,000
Premium/Discount to List
-$140,000
-14.81%
Views
3
Current Estimated Value
$901,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,054
Avg. Annual Appreciation
2.67%
Original Mortgage
$603,750
Outstanding Balance
$577,843
Interest Rate
5.3%
Estimated Equity
$292,735

Purchase Details

Closed on
Aug 27, 2001
Sold by
Chau Yann Toy
Bought by
Hardy Jason Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,570
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1994
Sold by
Chau Yann Toy
Bought by
Chau Yann Toy

Purchase Details

Closed on
Oct 21, 1993
Sold by
Chau Yann Toy
Bought by
Chau Yann Toy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruan Francisco $805,000 --
Hardy Jason Lee $222,000 Chicago Title
Chau Yann Toy -- Benefit Land Title Co
Chau Yann Toy -- Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruan Francisco $603,750
Previous Owner Hardy Jason Lee $319,700
Previous Owner Hardy Jason Lee $265,000
Previous Owner Hardy Jason Lee $75,000
Previous Owner Hardy Jason Lee $222,396
Previous Owner Hardy Jason Lee $50,000
Previous Owner Hardy Jason Lee $222,436
Previous Owner Hardy Jason Lee $219,663
Previous Owner Hardy Jason Lee $219,116
Previous Owner Hardy Jason Lee $218,570
Previous Owner Chau Yann Toy $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $805,000 -4.7% $474 / Sq Ft
07/18/2022 07/18/22 Price Changed $845,000 -5.6% $497 / Sq Ft
07/03/2022 07/03/22 Price Changed $895,000 -2.1% $526 / Sq Ft
06/24/2022 06/24/22 Price Changed $914,000 -3.3% $538 / Sq Ft
06/14/2022 06/14/22 For Sale $945,000 -- $556 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,705 $837,522 $421,362 $416,160
2024 $10,705 $821,100 $413,100 $408,000
2023 $10,528 $805,000 $405,000 $400,000
2022 $4,173 $309,026 $139,201 $169,825
2021 $4,083 $302,968 $136,472 $166,496
2019 $4,026 $293,983 $132,425 $161,558
2018 $3,833 $288,220 $129,829 $158,391
2016 $3,524 $277,031 $124,789 $152,242
2015 $3,387 $272,871 $122,915 $149,956
2014 $3,373 $267,527 $120,508 $147,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22126575

California Regional Multiple Listing Service (CRMLS)

APN: 7130-030-021