NOT LISTED FOR SALE

6138 Orange Ave Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $1,044,979 - $1,231,000

7 Beds
4 Baths
3,335 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $530,000 $159 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,746/month

48 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • 5 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of December 2013

3 Spacious Units (3/2/2 BR's). Upstairs units have there own separate patio porch areas and find a small fenced rear yard behind the downstairs unit. Spacious kitchen/dining area can accommodate tenants own stackable interior laundry although equipped with a coin operated laundry room and 5 separate single car garages. Owner just completed roof maintenance 8/2013, Bottom Step Repair 9/2013 and will provide Termite Completion at COE! Loyal long term Sec 8 tenants. Owned for 30 plus years, $30,000 PRICE REDUCTION, MUST CLOSE IN 2013. Submit offers subject to interior inspection.

Last Agent to Sell the Property

Marguerita Andrews

C-21 Astro License #00920038 Listed on: 09/27/2013

Last Buyer's Agent

Darachan Ly

Coldwell Banker Envision License #01358058

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,625 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Manual Sprinklers System
  • Back and Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,335 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 7595
  • Assessor Parcel Number 7118021027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $554
  • Gardener Expense $420
  • Insurance Expense $1,175
  • Maintenance Expense $2,913
  • Other Expense $89
  • Pest Control $196
  • Water Sewer Expense $1,308
  • New Taxes Expense $6,813
  • Gross Income $3,773
  • Net Operating Income $29,847

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1308.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 7118021027
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 158.92

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 196.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers Manual
  • Lot Size Sq Ft: 4625.00
  • Lot Size Acres: 0.1060

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 554.00
  • Gross Income: 3773.00
  • Gross Scheduled Income: 45276.00
  • Insurance Expense: 1175.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4625.0000 Square Feet
  • Maintenance Expense: 2913.00
  • Net Operating Income: 29847.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 14071.00
  • Other Expense: 89.00
  • Other Income Description: $35/MO GAR RENT & $16/MO LAUND
  • Rent Control: No
  • Total Actual Rent: 3722.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6813.00
  • Tax Lot: 9
  • Tax Tract Number: 7595
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 20, 2013
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Lim Peng Khuy and Lim Tiffany Daralin
Seller's Agent
Marguerita Andrews
C-21 Astro
Buyer's Agent
Darachan Ly
Coldwell Banker Envision
List Price
$545,000
Sold Price
$530,000
Premium/Discount to List
-$15,000
-2.75%
Current Estimated Value
$1,160,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,745
Avg. Annual Appreciation
6.68%
Original Mortgage
$397,500
Outstanding Balance
$102,616
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,058,129

Purchase Details

Closed on
Sep 22, 2011
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Andrews Alvis James and Andrews Shirley Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Andrews Alvis James and Andrews Shirley Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2003
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Andrews Alvis James and Andrews Shirley Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Andrews Alvis James and Andrews Shirley Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1996
Sold by
Andrews Alvis James and Andrews Shirley Mae
Bought by
Andrews Alvis James and Andrews Shirley Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Peng Khuy $530,000 Chicago Title Company
Andrews Alvis James -- None Available
Andrews Alvis James -- None Available
Andrews Alvis James -- Accommodation
Andrews Alvis James -- Old Republic Title Company
Andrews Alvis James -- Fidelity National Title Co
Andrews Alvis James -- Fidelity National Title Co
Andrews Alvis James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Peng Khuy $397,500
Previous Owner Andrews Alvis James $168,000
Previous Owner Andrews Alvis James $182,000
Previous Owner Andrews Alvis James $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $530,000 -2.8% $159 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $545,000 -- $163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,633 $649,695 $183,874 $465,821
2024 $8,633 $636,957 $180,269 $456,688
2023 $8,488 $624,469 $176,735 $447,734
2022 $7,978 $612,225 $173,270 $438,955
2021 $7,805 $600,222 $169,873 $430,349
2020 $7,784 $594,069 $168,132 $425,937
2019 $7,694 $582,422 $164,836 $417,586
2018 $7,447 $571,003 $161,604 $409,399
2016 $6,839 $548,832 $155,330 $393,502
2015 $6,569 $540,589 $152,997 $387,592
2014 $6,532 $530,000 $150,000 $380,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marguerita Andrews

    C-21 Astro

    (562) 572-9229

    8 Total Sales

    Marguerita Andrews
    Section Image
  • Darachan Ly

    Buyer's Agent in 2013

    Darachan Ly

    Coldwell Banker Envision

    (562) 860-2625

    1 in this area

    30 Total Sales

    Darachan Ly
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13197885

California Regional Multiple Listing Service (CRMLS)

APN: 7118-021-027

California Los Angeles County Long Beach 90805 Nehyam

6138 Orange Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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