1604 Orizaba Avenue

Long Beach, CA 90804

$1,800,000
Price
9
Beds
9
Baths
4,086 Sq. Ft.
$441 / Sq. Ft.
4,086
Sq. Ft.
$441
per Sq. Ft.

Description

We are proud to offer this 6-unit mid-century style apartment building in the heart of Long Beach’s Zaferia neighborhood. The property is located at 1604 Orizaba Ave, less than 2 blocks South of Pacific Coast Highway, and 2 blocks West of Redondo Ave. This puts the property in close proximity to public transportation, and has a walk score of 87, indicating many errands can be done on foot. The investment is comprised of (3) two-bedroom, two-bathroom units, as well as (3) one-bedroom, one-bathroom...

Property Details for 1604 Orizaba Avenue

Architectural Style
Contemporary
View
Neighborhood
Parking Spaces Total
6
Private Pool
No

Location

Listing Courtesy of Justin White, Justin White, DRE #01267826

Property Details for 1604 Orizaba Avenue

StatusActive
MLS #PW21011457
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
CountyLos Angeles County

Listing Agent

Justin White

Justin White

Justin White

thesbgbp@gmail.com

P: 714.231.2537

DRE #01267826

Contact Agent(s)

Location

Listing Courtesy of Justin White, Justin White, DRE #01267826

Building Information for 1604 Orizaba Avenue

Building/Complex1604 Orizaba AveFloor-Stories2Residences-Pet Policy-Year Built1953Building Size-

Payment Calculator

$6,032 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,032

Property Taxes

HOA Dues

$0

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Property Information for 1604 Orizaba Avenue

Property Features
    Interior Features
  • Common Walls: 1 Common Wall
  • Laundry: Yes
  • Laundry Features: Common Area
  • Levels: Two
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 6.0
  • View: Yes
    Exterior Features
  • Fence: Yes
  • Fencing: Block, Good Condition, Wood, Wrought Iron
  • Foundation Details: Slab
  • Pool Features: None
  • Roof: Composition
  • Spa: No
  • Spa Features: None
    Parking Info
  • Carport Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Carport, Garage Faces Rear, Garage - Single Door, Gated, Street
    Green Info
  • Walk Score: 87
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Construction Materials: Stucco
  • Direction Faces: West
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 7259028006
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1953
  • Year Built Source: Public Records
    Measurements / Dimensions
  • Building Area Total: 4086
  • Building Area Units: Square Feet
  • Living Area: 4086
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90804
  • Street Number Numeric: 1604.0
  • Street Name: Orizaba
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: 2 blocks South of Pacific Coast Hwy, 1 block West of Orizaba, directly across from Neito-Hererra Elementary School
  • Area: Eastside, Circle Area (3)
    Association Information
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights, Urban
  • Subdivision Name: Eastside (ES)
  • Subdivision Name Other: Eastside (ES)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Current Financing: Conventional
  • Tax Census Tract: 5751.03
  • Tax Block: 2
  • Tax Lot: 5
  • Tax Tract Number: None
  • Zoning: LBR2N
    Income Details
  • Cap Rate: 4.41
  • Gross Income: $124,620
  • Gross Operating Income: $120,881
  • Gross Scheduled Income: $124,620
  • Net Operating Income: $79,433
  • Vacancy Allowance: 3738
  • Vacancy Allowance Rate: 3
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $1,800
  • Maintenance Expense: $3,000
  • New Taxes Expense: $22,320
  • Operating Expense: $41,448
  • Operating Expense Percent: 3.00%
  • Other Expense: $2,418
  • Pest Control Expense: $400
  • Professional Management Expense: $6,044
  • Total Expenses: $41,448
  • Trash Expense: $600
  • Water Sewer Expense: $3,766
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,835
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2015
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,835
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,445
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1595
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,445
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,995
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2015
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,995
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $2,015
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2015
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $2,015
  • Unit Type Type: 4
    Unit 5
  • Unit Type Actual Rent: $1,500
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1595
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,500
  • Unit Type Type: 5
    Unit 6
  • Unit Type Actual Rent: $1,595
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1595
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,595
  • Unit Type Type: 6
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number Of Units Leased: 6
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
  • Tenant Pays: Cable TV, Electricity
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Gentle Sloping, Landscaped, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Acres: .15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6370
  • Lot Size Units: Square Feet
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Sewer: Public Sewer
    Potential/Present Land Use
  • Topography: Level

Property History for 1604 Orizaba Ave

DateEvent & SourcePriceAppreciation
Jan 19, 2021

Listed (Active)

CRMLS #PW21011457

$1,800,000
Dec 18, 2020

Listed (Active)

SDMLS #PW21011457

$1,800,000
Dec 18, 2020

Listed (Active)

CLAW #PW21011457MR

$1,800,000
DateEvent & SourcePrice
01/19/2021

Listed (Active)

CRMLS #PW21011457

$1,800,000
12/18/2020

Listed (Active)

SDMLS #PW21011457

$1,800,000
12/18/2020

Listed (Active)

CLAW #PW21011457MR

$1,800,000

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

Public Records for 1604 Orizaba Avenue

Taxable ValueLand$742,845Additions$635,662Total$1,378,507
Tax Record2020$17,642 ($1,470 / month)
Home Facts
Total Finished SqFt4,086 SqFtAbove Grade Finished SqFt4,086 SqFtLot Size6,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLBR2NCountyLOS ANGELESAPN7259028006

Schools near 1604 Orizaba Avenue


SchoolTypeGradesDistanceRating
Lee Elementary SchoolPublicK-50.1 mi
7
Huntington AcademyPrivateK-40.1 mi
NR
Oaktree Preschool And KindergartenPrivateK0.3 mi
NR
Oak Tree Children's CenterPrivateK0.3 mi
NR

Lee Elementary School

K-5, 0.1 mi, Public

7

Huntington Academy

K-4, 0.1 mi, Private

NR

Oaktree Preschool And Kindergarten

K, 0.3 mi, Private

NR

Oak Tree Children's Center

K, 0.3 mi, Private

NR

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.

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1604 Orizaba Avenue is a multi-family home for sale in Long Beach, CA 90804. This property was listed for sale on December 18, 2020 by Justin White at $1,800,000. It has been on the market for a total of 124 days and was last sold on January 24, 2017. This listing's school district is Long Beach Unified School District. Nearby schools include Lee Elementary School, Huntington Academy and Oaktree Preschool And Kindergarten. 1604 Orizaba Avenue is a 9-bed, 9-bath, 4,086 sqft multi-family home built in 1953. This address can also be written as 1604 Orizaba Ave.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Justin White, Justin White, DRE #01267826

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.