NOT LISTED FOR SALE

6764 Orizaba Ave Long Beach, CA 90805

Mc Kinley Neighborhood

Estimated Value: $822,000 - $971,000

4 Beds
3 Baths
1,567 Sq Ft
$578/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $690,000 $440 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,623/month

8 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Laundry Room
  • Loft
  • Recessed Lighting
  • Accessible Parking

About This Home

As of November 2020

***REMODELED IN STYLE! WOW!!! with a detached fully remodeled Second Unit, WHAT A GREAT DEAL FOR AN ALMOST NEW HOUSE! ** Excellent income generating opportunity in the city of Long Beach. NO RENT CONTROL!!GREAT FOR FIRST TIME BUYER PROPERTY, REGULAR SALE!!THIS IS A TOP-TO-BOTTOM NEWLY RENOVATED...Unit 1 features a 3 bed 2 bath 1,098 sqft & the detached Second Unit 469 sqft, features a studio like feeling with plenty of space for a bachelor. PROPERTY OFFERS; NEW LANDSCAPING,NEW BATHROOMS AND NEW BEAUTIFUL MODERN GOURMET KITCHENS, CUSTOM CABINETS, NEW GRANITE, LAMINATE FLOORS,NEW LIGHT FIXTURES, NEW FLOORING THROUGHOUT , NEW PAINT INSIDE AND OUT, UPGRADED PLUMBING IN BATHS AND KITCHEN, BRAND NEW WINDOWS, INDOOR WASHER AND DRYER HOOK-UPS, and so much more. LISTED BELOW MARKET VALUE... THIS IS A MUST SEE THAT WILL GO FAST. GO SEE IT TODAY!T his unique property also features a huge back yard for entertaining and a long driveway. Located close to the 91 fwy and the 710 fwy. Seize this opportunity before its too late!! Come see for yourself.

Last Agent to Sell the Property

Eloy Villamil

ROA California Inc. License #01799836 Listed on: 10/01/2020

ROA California Inc.

Last Buyer's Agent

Selene Valdes

Century 21 Allstars License #01802643

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,013 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,567 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Living Room
  • Loft
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 146
  • Tax Tract Number 7420
  • Assessor Parcel Number 7113004022

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,187
  • Operating Expense $12,267
  • Gross Income $48,600
  • Net Operating Income $36,333

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR3T
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7113004022
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 440.33
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Loft

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8013.00
  • Lot Size Acres: 0.1840

Multi Family

  • Average3 Bed Area: 1098 Square Feet
  • Average Studio Area: 469 Square Feet
  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8013.0000 Square Feet
  • Net Operating Income: 36333.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 12267.00

Tax Info

  • New Taxes Expense: 8187.00
  • Tax Census Tract: 5702.03
  • Tax Lot: 146
  • Tax Tract Number: 7420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 23, 2020
Sold by
Joshell Investments Inc
Bought by
Quesada Cynthia Maria
Seller's Agent
Eloy Villamil
ROA California Inc.
Buyer's Agent
Selene Valdes
Century 21 Allstars
List Price
$665,000
Sold Price
$690,000
Premium/Discount to List
$25,000
3.76%
Current Estimated Value
$906,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,418
Avg. Annual Appreciation
5.45%
Original Mortgage
$677,502
Outstanding Balance
$602,881
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$303,537

Purchase Details

Listed on
Oct 31, 2019
Closed on
Nov 20, 2019
Sold by
Leach Donnalee and Richards Family Trust
Bought by
Josheli Investments Inc
Seller's Agent
Chad Chambers
HomeSmart, Evergreen Realty
Buyer's Agent
Chad Chambers
HomeSmart, Evergreen Realty
List Price
$375,000
Sold Price
$381,000
Premium/Discount to List
$6,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.19%
Original Mortgage
$447,450
Interest Rate
3.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Quesada Cynthia Maria $690,000 Lawyers Title Company
Josheli Investments Inc $381,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quesada Cynthia Maria $677,502
Previous Owner Josheli Investments Inc $447,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2020 11/25/20 Sold $690,000 +3.8% $440 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $665,000 +74.5% $424 / Sq Ft
11/29/2019 11/29/19 Sold $381,000 +1.6% $347 / Sq Ft View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $375,000 -- $342 / 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 $10,608 $828,378 $541,216 $287,162
2024 $10,608 $812,136 $530,604 $281,532
2023 $10,433 $796,212 $520,200 $276,012
2022 $8,846 $703,800 $510,000 $193,800
2021 $8,672 $690,000 $500,000 $190,000
2020 $4,963 $381,000 $300,000 $81,000
2019 $1,032 $53,359 $18,434 $34,925
2018 $918 $52,314 $18,073 $34,241
2016 $2,891 $50,284 $17,372 $32,912
2015 $818 $49,530 $17,112 $32,418
2014 $824 $48,560 $16,777 $31,783
Source: Public Records

Agents Affiliated with this Home

  • Eloy Villamil

    Seller's Agent in 2020

    Eloy Villamil

    ROA California Inc.

    (562) 444-3800

    142 Total Sales

    Eloy Villamil
    Section Image
  • Selene Valdes

    Buyer's Agent in 2020

    Selene Valdes

    Century 21 Allstars

    (310) 635-7191

    12 Total Sales

    Selene Valdes
    Section Image

  • C

    Seller's Agent in 2019

    Chad Chambers

    HomeSmart, Evergreen Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20205460

California Regional Multiple Listing Service (CRMLS)

APN: 7113-004-022

California Los Angeles County Long Beach 90805 Mc Kinley

6764 Orizaba Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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