Seller's Agent in 2019
Cassidy Tutt
WGroup Realtors
(562) 449-7607
1 in this area
59 Total Sales
6130 Orange Ave Long Beach, CA 90805
Nehyam NeighborhoodEstimated Value: $1,198,000 - $1,410,581
7
Beds
4
Baths
3,335
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- Gated Community
- Balcony
- Walk-In Closet
- Granite Countertops
- Double Pane Windows
- Cooling System Mounted To A Wall/Window
About This Home
As of October 2019Large Extremely well maintained Triplex. 3 large units all w/open floor plans. Over the past 5 yrs the bldg has had a new roof, Double Pane windows, New wall A/C & heater systems, new security cameras all around the building, motion detectors & monitoring equipment, new security front gate, New premium quality heavy duty steel security screens on all front doors. Newly remolded 3 bed/2 bath w/1,335 sq ft. has beautiful wood laminate flooring throughout. Kitchen has new cabinets, granite counters, & tile floors. Bathrooms have granite counter tops & tile flooring as well. Master has floor to ceiling closets, New interior doors, New blinds throughout, Scraped ceilings, New concrete patio in the back yard (drought friendly landscaping). All 5 single car garages have new roll up doors & storage area inside, interior lights & new lights outside above each garage. Newly pressure washed exterior. Both 2 beds both have very large living rooms and kitchens w/lots of cabinet space. Both bedrooms are large w/walk in closets. Large separate laundry room has full sized side-by-side coin operated washer & dryer including wood cabinets with tons of storage. Everything in the owners garage stays incl; desk w/computer monitor, Craftsman tool cabinet & all tools, New vise clamp on work bench, shop Vac, grinder. Great up-and coming area in Long Beach. Check out the financial analysis in the supplements link. Proforma rents will give you a 5.3% cap rate. All units are month-to-month agreements.
Last Agent to Sell the Property
WGroup Realtors License #01395351 Listed on: 08/12/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,245
Year Built
- Built in 1978
Lot Details
- 4,706 Sq Ft Lot
- 1 Common Wall
- Security Fence
- Wrought Iron Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- Parking Storage or Cabinetry
- Parking Available
- Side Facing Garage
- Single Garage Door
- Assigned Parking
Home Design
- Triplex
- Slab Foundation
- Stucco
Interior Spaces
- 3,335 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Closed Circuit Camera
- Laundry Room
Kitchen
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 11 / G
- Tax Tract Number 7595
- Assessor Parcel Number 7118021009
Community Details
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,029
- Maintenance Expense $1,800
- Water Sewer Expense $4,503
- New Taxes Expense $11,770
- Operating Expense $19,102
- Gross Income $71,400
- Net Operating Income $50,982
Additional Features
- 3 Units
- Laundry Facilities
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2019
Closed on
Sep 18, 2019
Sold by
Wheat Steven M and Wheat Alice I
Bought by
Lam Thoakim and Lam Tim
Seller's Agent
Cassidy Tutt
WGroup Realtors
Buyer's Agent
Cassidy Tutt
WGroup Realtors
List Price
$960,000
Sold Price
$940,000
Premium/Discount to List
-$20,000
-2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,395
Avg. Annual Appreciation
5.14%
Original Mortgage
$658,000
Interest Rate
3.5%
Purchase Details
Closed on
Oct 22, 2003
Sold by
Wheat Steven M and Wheat Alice I
Bought by
Wheat Steven M and Wheat Alice I
Purchase Details
Closed on
Jul 22, 1998
Sold by
Bajaj Shiv K and Bajaj Shobha
Bought by
Bajaj Shiv K and Bajaj Shobha
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Thoakim | $940,000 | Orange Coast Title Company | |
| Wheat Steven M | -- | -- | |
| Bajaj Shiv K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Thoakim | $644,243 | |
| Closed | Lam Thoakim | $658,000 | |
| Previous Owner | Wheat Steven M | $196,260 | |
| Previous Owner | Wheat Steven M | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2019 10/29/19 | Sold | $940,000 | -2.1% | $282 / Sq Ft |
| 09/12/2019 09/12/19 | Pending | -- | -- | -- |
| 09/05/2019 09/05/19 | For Sale | $960,000 | +2.1% | $288 / Sq Ft |
| 09/04/2019 09/04/19 | Off Market | $940,000 | -- | -- |
| 08/21/2019 08/21/19 | Price Changed | $960,000 | -1.5% | $288 / Sq Ft |
| 08/12/2019 08/12/19 | For Sale | $975,000 | -- | $292 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,245 | $1,028,025 | $328,093 | $699,932 |
| 2024 | $13,245 | $1,007,868 | $321,660 | $686,208 |
| 2023 | $13,024 | $988,106 | $315,353 | $672,753 |
| 2022 | $12,229 | $968,732 | $309,170 | $659,562 |
| 2021 | $11,980 | $949,738 | $303,108 | $646,630 |
| 2019 | $5,106 | $367,486 | $46,960 | $320,526 |
| 2018 | $4,903 | $360,282 | $46,040 | $314,242 |
| 2016 | $4,497 | $346,294 | $44,253 | $302,041 |
| 2015 | $4,325 | $341,094 | $43,589 | $297,505 |
| 2014 | $4,308 | $334,414 | $42,736 | $291,678 |
Source: Public Records
Agents Affiliated with this Home
-
Cassidy Tutt
-
Autumn Anderson
Seller Co-Listing Agent in 2019
Autumn Anderson
WGroup Realtors
(562) 449-7607
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19192582
APN: 7118-021-009
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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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