828 Orizaba Avenue

    Long Beach, CA 90804
    • $995,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: PW19210648
    $995,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,294
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:

    School Ratings & Info

    Description

    Great opportunity in the highly sought after Rose Park Historic District of Long Beach. This Craftsman Classic was built in 1919 and is a Triplex on a large 6,708 sq.ft. lot. Tenants are month to month, a perfect opportunity to improve rents. Live in one and rent out the other two units! This triplex is ready for its new owner. Steps from historic Rose Park. Front house is a 3 bedroom/2 bath home with inside laundry room and newer vinyl plank floors in the large living room/dining and in the master bedroom. For your enjoyment is also central AC in the main house. Approx. 1,300 sq.ft. and the two 1-bedroom units above the 3-car garage are each approximately 500 sq.ft. There is a long driveway for ample parking and also has 3 door garage behind the main house. All units have separate meters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98787634

    828 Orizaba Avenue Long Beach, CA 90804

    • Price: $995,000
    • Status: Active
    • ID#: PW19210648
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,294
    SQFT
    $434
    $/SQFT
    1919
    Built
    Neighborhood:
    Circle (Ca)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    Great opportunity in the highly sought after Rose Park Historic District of Long Beach. This Craftsman Classic was built in 1919 and is a Triplex on a large 6,708 sq.ft. lot. Tenants are month to month, a perfect opportunity to improve rents. Live in one and rent out the other two units! This triplex is ready for its new owner. Steps from historic Rose Park. Front house is a 3 bedroom/2 bath home with inside laundry room and newer vinyl plank floors in the large living room/dining and in the master bedroom. For your enjoyment is also central AC in the main house. Approx. 1,300 sq.ft. and the two 1-bedroom units above the 3-car garage are each approximately 500 sq.ft. There is a long driveway for ample parking and also has 3 door garage behind the main house. All units have separate meters.
    Exterior Features

    Architectural Style Bungalow Garage Spaces 3.00 Lot Features Back YardFront YardLawn Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayGarage - Three Door Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof Clay

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 504 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1286 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetTileVinyl Heating Central Heating YN Yes Laundry Features CommunityInside

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.50 Community Features CurbsParkSidewalksStreet Lights Country Us Electric Expense 180.00 Elevation Units Feet Gross Income 61517.00 Gross Multiplier 15.69 Gross Operating Income 61517.00 Gross Scheduled Income 63420.00 Insurance Expense 1275.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1500.00 Net Operating Income 44925.00 New Construction YN No New Taxes Expense 12438.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Number With Carpet 3 Number With Range 3 Number With Refrigerator 3 Operating Expense 16593.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Circle (Ca) Tax Annual Amount 1382.00 Tax Year 2018 Tenant Pays All UtilitiesCable TvElectricityGasInsuranceSewerTrash CollectionWater Total Actual Rent 3220.00 Total Expenses 16593.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone Available Vacancy Allowance Rate 3.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Mike Dunfee of Engel & Voelkers Long Beach


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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