NOT LISTED FOR SALE

Estimated Value: $843,000 - $948,000

4 Beds
2 Baths
1,978 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $563,000 $285 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,533/month

98 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of June 2018

Probate Sale, Single level Duplex with great investment opportunity near mass transit, shopping, library, parks and schools. Owner can live in one and rent out the second to off set monthly mortgage. Great for families with older relatives who still want their privacy because no direct access to each other. 5485 Orange Ave features 2 spacious bedroom, 1 full bathrooms. 5487 unit features 2 spacious bedrooms, 1 full bathroom. This Duplex is priced to sell fast in “As Is” condition. Grow your investment portfolio with this great long term investment opportunity. These units are in a great rental area. Property has a very nice set up that tenants will enjoy. This one is a keeper.

Last Agent to Sell the Property

Juan Carlos Munoz

ROA California Inc. License #01896746 Listed on: 02/21/2018

Last Buyer's Agent

Carlos Valdez

Excellence RE Real Estate License #01975386

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 1950

Lot Details

  • 5,209 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 4,5 / l
  • Tax Tract Number 8281
  • Assessor Parcel Number 7128004003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,295

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR3T
  • Property Type: Residential Income
  • Parcel Number: 7128004003
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 284.63

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer, Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5209.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: l
  • Tax Census Tract: 5706.01
  • Tax Lot: 4,5
  • Tax Tract Number: 8281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 21, 2018
Sold by
Marquez Jesus C
Bought by
Marquez Irma
Seller's Agent
Juan Carlos Munoz
ROA California Inc.
Buyer's Agent
Carlos Valdez
Excellence RE Real Estate
List Price
$550,000
Sold Price
$563,000
Premium/Discount to List
$13,000
2.36%
Current Estimated Value
$888,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,753
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 18, 2018
Sold by
Anderson Ellen and Estate Of Chrisie Cavins
Bought by
Marquez Irma
Seller's Agent
Juan Carlos Munoz
ROA California Inc.
Buyer's Agent
Carlos Valdez
Excellence RE Real Estate
List Price
$550,000
Sold Price
$563,000
Premium/Discount to List
$13,000
2.36%

Purchase Details

Closed on
Apr 21, 2007
Sold by
Papadakis John G
Bought by
Cavins Chrisie

Purchase Details

Closed on
Apr 19, 2007
Sold by
Cavins Chrisie and The Helen Papadakis Living Tru
Bought by
Papadakis John G

Purchase Details

Closed on
Jul 16, 1996
Sold by
Papadakis Helen
Bought by
Papadakis Helen and Helen Papadakis Living Trust
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
Marquez Irma -- Provident Title Company
Marquez Irma $563,000 Provident Title Company
Cavins Chrisie -- None Available
Papadakis John G -- None Available
Papadakis Helen -- --
Cavins Chrisie L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $563,000 +2.4% $285 / Sq Ft
02/21/2018 02/21/18 For Sale $550,000 -- $278 / 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 $8,295 $640,593 $341,347 $299,246
2024 $8,295 $628,033 $334,654 $293,379
2023 $8,157 $615,720 $328,093 $287,627
2022 $7,661 $603,648 $321,660 $281,988
2021 $7,506 $591,812 $315,353 $276,459
2019 $7,399 $574,260 $306,000 $268,260
2018 $5,491 $432,007 $268,060 $163,947
2016 $5,043 $415,233 $257,651 $157,582
2015 $4,515 $380,000 $235,000 $145,000
2014 $4,574 $380,000 $235,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18040848

California Regional Multiple Listing Service (CRMLS)

APN: 7128-004-003