NOT LISTED FOR SALE

Estimated Value: $781,000 - $964,000

4 Beds
2 Baths
1,693 Sq Ft
$505/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $810,000 $478 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,564/month

3 Days on Market

Highlights

  • Laundry Room
  • Back and Front Yard
  • 1-Story Property
  • Wall Furnace

About This Home

As of July 2024

6261 and 6264 Orange Ave is a great opportunity to own a duplex and live in one unit and rent the other out. Maybe you are an investor looking for a replacement property for your 1031 exchange. Both units are each two bedrooms and one bath and have hardwood floors and a separate laundry room inside the unit. The rear unit has a private backyard and the front unit has a large front yard of its own. Each unit has a one car garage. Please do not disturb the tenants, drive by only, please do not walk the property. SEE LISTING SUPPLEMENTS FOR AN ESTATE APPRAISAL THAT WAS DONE AND SEE INTERIOR PHOTOS OF BOTH UNITS. All tenants are month to month

Last Agent to Sell the Property

Pat Cassara

Keller Williams Coastal Prop. Brokerage Phone: 562-818-2483 License #00776543 Listed on: 06/12/2024

Keller Williams Coastal Prop.

Last Buyer's Agent

Leticia Georgia

Realty Masters & Associates License #01714620

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,788 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 193
  • Tax Tract Number 12106
  • Assessor Parcel Number 7115022019
  • $473 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $200
  • Trash Expense $100
  • Operating Expense $10,950
  • Gross Income $43,800
  • Net Operating Income $32,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7115022019
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 478.44

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5788.00
  • Lot Size Acres: 0.1329
  • Latitude Manual: 33.86850800

Multi Family

  • Gross Income: 43800.00
  • Gross Operating Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 200.00
  • Lot Size Area: 5788.0000 Square Feet
  • Net Operating Income: 32850.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10950.00
  • Rent Control: No
  • Total Expenses: 10950.00

Tax Info

  • Tax Census Tract: 5705.04
  • Tax Lot: 193
  • Tax Tract Number: 12106
  • TaxOtherAnnualAssessmentAmount: 473.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 24, 2024
Sold by
Traywick John Bradley
Bought by
Soto Jorge and Cardenas Vanessa
Seller's Agent
Pat Cassara
Keller Williams Coastal Prop.
Buyer's Agent
Leticia Georgia
Realty Masters & Associates
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Views
24
Current Estimated Value
$855,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,132
Avg. Annual Appreciation
3.92%
Original Mortgage
$782,966
Outstanding Balance
$773,397
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$81,735

Purchase Details

Closed on
Oct 6, 2023
Sold by
Traywick Family Trust and Traywick John Bradley
Bought by
Traywick John Bradley

Purchase Details

Closed on
Dec 24, 2002
Sold by
Traywick Harry L
Bought by
Traywick Harry L
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
Soto Jorge $810,000 First American Title Company
Traywick John Bradley -- None Listed On Document
Traywick Harry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Jorge $782,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $810,000 +1.4% $478 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $799,000 -- $472 / 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 $1,166 $810,000 $410,000 $400,000
2024 $1,166 $54,976 $22,318 $32,658
2023 $1,144 $53,899 $21,881 $32,018
2022 $1,089 $52,843 $21,452 $31,391
2021 $1,054 $51,808 $21,032 $30,776
2019 $1,040 $50,273 $20,409 $29,864
2018 $942 $49,288 $20,009 $29,279
2016 $863 $47,376 $19,233 $28,143
2015 $836 $46,666 $18,945 $27,721
2014 $845 $45,752 $18,574 $27,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24119571

California Regional Multiple Listing Service (CRMLS)

APN: 7115-022-019