1038 Orange Avenue

    Long Beach, CA 90813
    • $2,000,000
    • STATUS: Active
    • ON SITE: 147 days
    • ID#: PW18146085
    $2,000,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,514
      SQFT
    • $363
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Seven apartments and two houses in immaculate condition, always rented, near everything. New roof (two years old), new windows, new garage doors, new bathroom sinks, hardwood floors and tiles, wetbar in each unit except the houses, painted three years ago. New bathrooms and kitchens, with new, bigger pipes to prevent clogging. New metal screen doors.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. 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. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/84934688

    1038 Orange Avenue Long Beach, CA 90813

    • Price: $2,000,000
    • Status: Active
    • ID#: PW18146085
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    5,514
    SQFT
    $363
    $/SQFT
    1959
    Built
    Neighborhood:
    Alamitos Beach (Ab)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    Seven apartments and two houses in immaculate condition, always rented, near everything. New roof (two years old), new windows, new garage doors, new bathroom sinks, hardwood floors and tiles, wetbar in each unit except the houses, painted three years ago. New bathrooms and kitchens, with new, bigger pipes to prevent clogging. New metal screen doors.
    Exterior Features

    Construction Materials Stucco Garage Spaces 6.00 Lot Features Sprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Parking Space Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Heating Wall HeaterNatural Gas Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.20 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Gross Income 106200.00 Gross Scheduled Income 106200.00 Insurance Expense 1940.00 Land Lease YN No Laundry Income 75.00 Laundry YN Yes Maintenance Expense 3150.00 Net Operating Income 82630.00 New Construction YN No New Taxes Expense 20000.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number With Carpet 9 Number With Drapes 9 Operating Expense 23570.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Downtown (Dt) Total Expenses 23570.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Jalal Bourgana of First Team -Corporate Office.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. 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. Licensed in the State of California, USA.
     
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    8577 Haven Ave, Suite 100
    Rancho Cucamonga CA, 91730