126 Orange Avenue Long Beach, CA ^$ 1,250,000

126 Orange Avenue

^$ 1,250,000

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126 Orange Avenue

Long Beach, CA, 90802

^$ 1,250,000

Bedrooms4 Baths4.0 Sq 3,344

Monthly Estimate*

^$ 8,308

Listed by WGroup Realtors

126 Orange Avenue, Long Beach, CA 90802 - Image 1

126 Orange Avenue, Long Beach, CA 90802 - Image 2

126 Orange Avenue, Long Beach, CA 90802 - Image 3

Multi-Family Home for sale in Long Beach, CA

for $1,250,000 with 4 bedrooms and 4 full baths. This 3,344 square foot home was built in 1920 on a lot size of 0.0614.

Great project with total upside potential! Built in 1920 this statewide still has tons of charm, hardwood floor, wide stair well, some built ins, French doors, added skylights, huge back deck and gated lower patio/yard space. Each unit has laundry. Reinforced pillar & piers, bolted to, the foundation, upgraded 220v, good sized bedrooms, loads of storage, copper gutters. 2 units need rehabbing them back to life and increase rent to market value! Great upside immediately. Copper gutters, sun reload fabric awning shades, custom iron on lower units and all front doors. Walk to transportation, bus, train, tram to Belmont Shore and downtown! Walk to Broadway to restaurants and shopping. You could really take this unit and make a stunning income property for yourself.

Multi-Family Pending

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.0614

Year Built

1920

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW22242916

Days on Market

564

Features

General

Interior Features Balcony HighCeilings MultipleStaircases TileCounters WalkInClosets

Sewer SewerTapPaid

Heating WallFurnace

Cooling None

Utilities CableAvailable ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Possession SeeRemarks

Roof Flat

Exterior Features RainGutters

Zoning LBR4R

Garage Spaces 0.0

Pool Features None

Security Features SmokeDetectors WindowBars

Exclusions All tenant belongs

Year Built 1920

Electric Item220VoltsinLaundry

Tenant Pays CableTV Electricity Gas TrashCollection

View None

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 32700.0

Community Features Sidewalks Urban

Accessibility None

County Los Angeles

Net Operating Income 29390.0

Operating Expense 3310.0

Insurance Expense 1500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency subject to inspection only

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions South of Broadway between Alamitos and Falcon

City Long Beach

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units SquareFeet

Lot Size Square Feet 2675.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Orange

Listing Terms Cash Submit

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Fuel Expense 1040.0

Property Condition RepairsCosmetic

Trash Expense 0.0

Water Sewer Expense 520.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 2

Property Sub Type Additional Quadruplex

Expected Active Date 2022-11-17

Interior

Flooring Tile Wood

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features WasherHookup ElectricDryerHookup GasDryerHookup Inside

Electric On Property Y/N N

Exterior

Fencing Wood WroughtIron

Parking Features None

Lot Features ZeroLotLine

Water Source Public

Total Parking 0.0

Lot Size Area 2675.0

Foundation Details PillarPostPier Raised

Number of Buildings 1

Spa N

Building Area Total 3344.0

Lot Size Acres 0.0614

Road Surface Type AlleyPaved Paved

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 126

* Excluded Features

List By

Wgroup Realtors

Broker

(562) 824-4846

Phone

Affordability Calculator

$8,308

Per Month

Monthly Principal & Interest: $8,308
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,063,034

Percent of Sale Price 65%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/24/2022	$1,250,000		Listed Price

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126 Orange Avenue, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,250,000 with 3,344 sqft and a lot size of 0.0614. 126 Orange Avenue has 4 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 90802 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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126 Orange Avenue

Multi-Family Home for sale in Long Beach, CA

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