NOT LISTED FOR SALE

5946 Orange Ave Long Beach, CA 90805

Nehyam Neighborhood
13 Beds
6 Baths
3,454 Sq Ft
5,023 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $1,000,000 $290 Per Sq Ft

9 Days on Market

About This Home

As of March 2021

No longer accepting offers after the deadline end of business Tuesday 2/23 at 6pm. Property is on hold until next week 3/1. This "value add" six-unit Long Beach apartment building. The asset has great curb appeal and all of the units are 2+1 with long-term tenants. Property is located in a terrific neighborhood near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.

Last Agent to Sell the Property

Scott Nell

Equity Union License #01358285 Listed on: 02/20/2021

Co-Listed By

Eric Petz

Equity Union License #01893338

Equity Union

Last Buyer's Agent

Eric Petz

Equity Union License #01893338

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,023

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • 5,023 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7123-009-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3454
  • Lot Acreage: 0.1153
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 260.28

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 75.76
  • Assessed Improvement Value: 175412
  • Assessed Land Percent: 24.24
  • Assessed Land Value: 56123
  • Total Assessed Value: 231535
  • Assessor Parcel Number: 7123-009-007
  • Lot Size Area: 5023

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 6
  • Total Annual Expense: 0
  • Type Of Units: Multi-family
  • Vacancy Rate: 0

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

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $1,000,000 0.0% $290 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 Off Market $1,000,000 -- --
02/20/2021 02/20/21 For Sale $899,000 -- $260 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Nell

    Seller's Agent in 2021

    Scott Nell

    Equity Union

    (818) 522-2862

    2 in this area

    92 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Eric Petz

    Equity Union

    (360) 521-4385

    2 in this area

    14 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 21-694124

The MLS

California Los Angeles County Long Beach 90805 Nehyam

5946 Orange Ave, Long Beach, CA

This home is located at 5946 Orange Ave, Long Beach, CA 90805 since 20 February 2021. This property was built in 1956. 5946 Orange Ave is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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