1215 Orizaba Avenue

Long Beach, CA 90804

$1,364,800
Last Sold Price
9
Beds
36
Baths
4,800 Sq. Ft.
$284 / Sq. Ft.
4,800
Sq. Ft.
$284
per Sq. Ft.

Description

This four unit property is to be sold together with it's sister property located next door at 1207 Orizaba only. It will not be sold separately. Both properties are the same size and same unit breakdown as they are identical/reversed. This is one of the rarest 4 unit properties I have seen. Every bedroom has it's own full bathroom. There are a total of 9 bedrooms and 9 bathrooms. This is one of the largest 4 unit properties in Long Beach. With ample parking and huge floorplans, these units are easy...This four unit property is to be sold together with it's sister property located next door at 1207 Orizaba only. It will not be sold separately. Both properties are the same size and same unit breakdown as they are identical/reversed. This is one of the rarest 4 unit properties I have seen. Every bedroom has it's own full bathroom. There are a total of 9 bedrooms and 9 bathrooms. This is one of the largest 4 unit properties in Long Beach. With ample parking and huge floorplans, these units are easy to rent and have historically secured long term tenants. There are three 2-bedroom units, all with 2 full baths plus one 3-bedroom unit with 3 full bathrooms. These apartments very large. There are 6 garages for the 4 units! Plus there are 6 parking spots in the driveway. The owner of these properties has maintained them very well. Some of the units have been completely remodeled and some are original and in excellent condition. Four of the garages are extra large 1-1/2 car size. The 3 bedroom units have their own laundry. The 2 bedrooom units can use the coin op washer and dryers. There is a huge space for RV parking behind 1215 Orizaba, long enough to park multiple recreational vehicles or 3 or 4 more cars. Parking is a critical component to apartments today and more than ever, very important to keep your tenants long term. The upstairs units have poured concrete floors not unlike commercial construction. Separately metered. Laundry facilities under the stairs.
  1. Listed by Roark Merrill • DRE #01299364 • Brokerage DRE #01944289 • Signature Real Estate, Inc.

Property Details for 1215 Orizaba Avenue

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4800
Assessor Parcel Number
7259-017-026
Property Attached YN
false

Location

Listing Courtesy of Signature Real Estate, Inc., Roark Merrill, DRE #01299364

Sold By Signature Real Estate, Inc., Roark Merrill, DRE #01299364

Add your commute
LISTING UPDATED: 04/26/2021 07:36 AM

Property Details for 1215 Orizaba Avenue

StatusClosed
MLS #SW20158860
Days on Market209
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.17 AC / 7,547 SF
CountyLos Angeles County

Location

Listing Courtesy of Signature Real Estate, Inc., Roark Merrill, DRE #01299364

Sold By Signature Real Estate, Inc., Roark Merrill, DRE #01299364

Add your commute

Building Information for 1215 Orizaba Avenue

Stories-Residences-Year Built1980Building Size-Lot Size0.17 AC / 7,547 SF

Payment Calculator

$9,005 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,448

Property Taxes

$1,557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1215 Orizaba Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $120,000
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $116,400
  • Financing: Conventional
Expense Details
  • Operating Expense: $3,600
  • New Taxes Expense: $1,500
  • Fuel Expense: $0
  • Electric Expense: $100
  • Insurance Expense: $2,000
  • Trash Expense: $1,200
  • Water Sewer Expense: $600
  • Total Expenses: $4,700
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 5752.0
  • Tax Census Tract: 5769.03
  • Tax Lot: 30
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Sprinkler System, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 9
  • Unit Type Baths Total: 9
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $120,000
  • Unit Type Total Rent: $120,000
  • Unit Type Pro Forma: 120000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 1215 Orizaba Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1215 Orizaba Avenue

Taxable ValueLand$624,240Additions$795,906Total$1,420,146
Tax Record2023$18,682 ($1,557 / month)
Home Facts
Total Finished SqFt4,674 SqFtAbove Grade Finished SqFt4,674 SqFtLot Size7,547 SqFtStyleQuadraplexYear Built1980ZoningLBR2NCountyLOS ANGELESAPN7259-017-026

Schools near 1215 Orizaba Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Signature Real Estate, Inc., Roark Merrill, DRE #01299364

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.