NOT LISTED FOR SALE

6519 Orizaba Ave Long Beach, CA 90805

Ramona Park Neighborhood

Estimated Value: $863,000 - $974,000

4 Beds
3 Baths
1,950 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $525,000 $269 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,580/month

37 Days on Market

Highlights

  • Corner Lot
  • Front Yard
  • 4-minute walk to Ramona Park

About This Home

As of August 2016

Amazing income property! Perfect for investors looking for solid income and a clean property! This is great triplex sits on a corner lot in North Long Beach. Each unit is 2bd/1ba, each have their own washer and dryer hook up and a studio. Tenants have it very well maintained. The exterior has been freshly painted and has a newer roof. Three individual garage spaces for each tenant. Conveniently located close to the 91 Freeway and 71 freeway. Come see this great triplex today!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 05/02/2016

Keller Williams Beverly Hills

Last Buyer's Agent

Polo Carrillo

Coldwell Banker Envision License #01335674

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,843 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 1,950 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 8662
  • Assessor Parcel Number 7120004027

Community Details

Overview

  • 6 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

4,843 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7120004027
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 269.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 4843.00
  • Price Per Lot Square Foot: 108.40

Multi Family

  • Gross Income: 2160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: No

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 8662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2016
Sold by
Elliott Gary Alan
Bought by
Velez Jean H and Velez Consuelo E Guerrero
Current Estimated Value
$920,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,287
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2014
Sold by
Elliott Gary Alan
Bought by
The Gary A & Sheila J Elliott Family Tru

Purchase Details

Closed on
Jan 26, 2011
Sold by
Elliott Gary Alan and Elliott Sheila Jane
Bought by
Elliott Gary Alan and Elliott Sheila Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Elliott Gary A and Elliott Sheila J
Bought by
Elliott Gary Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1994
Sold by
Elliott Gary A and Elliott Sheila J
Bought by
Elliott Gary Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Velez Jean H $525,000 Fidelity National Title Co
The Gary A & Sheila J Elliott Family Tru -- Accommodation
Elliott Gary Alan -- First American Title Company
Elliott Gary Alan -- --
Elliott Gary A -- Landamerica Lawyers Title
Elliott Gary Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velez Jean H $536,287
Previous Owner Elliott Gary Alan $231,500
Previous Owner Elliott Gary A $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $525,000 -2.8% $269 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $540,000 -- $277 / 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 $7,921 $609,301 $168,282 $441,019
2024 $7,921 $597,355 $164,983 $432,372
2023 $7,789 $585,644 $161,749 $423,895
2022 $7,317 $574,162 $158,578 $415,584
2021 $7,168 $562,905 $155,469 $407,436
2019 $7,067 $546,210 $150,858 $395,352
2018 $6,822 $535,500 $147,900 $387,600
2016 $2,250 $166,914 $55,317 $111,597
2015 $2,166 $164,408 $54,487 $109,921
2014 $2,163 $161,188 $53,420 $107,768
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adrian Cafuentes

    Keller Williams Beverly Hills

    Section Image

  • P

    Buyer's Agent in 2016

    Polo Carrillo

    Coldwell Banker Envision

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16092668

California Regional Multiple Listing Service (CRMLS)

APN: 7120-004-027

California Los Angeles County Long Beach 90805 Ramona Park

6519 Orizaba Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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