Long Beach, CA 90813 1035 Orange Avenue

Sold: Jun 10, 2021
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Presented By: Robert Stepp with Keller Williams - Santa Monica;
  • MLS# PW21032054
  • 02/16/2021
  • Request Tour
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  • BedBeds • 6
  • BathBaths • 6

Home Details

1035 Orange Avenue is a six-unit apartment building in the heart of Long Beach. The property features a desirable mix of two and three bedroom units that are bright and spacious. The building also offers four parking spaces and is separately metered for gas and electric. There is approximately 21.4% rental upside potential and the ability to achieve extra upside with parking space income. With billions of dollars in privately and publicly-funded development taking place, Long Beach is in the midst of a full-scale transformation into a premier metropolitan city, attracting an influx of new businesses, high-quality jobs and an educated, professional demographic of residents.
Presented By: Robert Stepp with Keller Williams - Santa Monica;

Interior Features for 1035 Orange Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone

General for 1035 Orange Avenue

Additional Parcels Y/NNo
Community FeaturesUrban
Garage Spaces
Garage Y/NNo
Land Lease Y/NNo
LevelsTwo
Listing AgentRobert Stepp - BRE#01456379
Listing AgentRobert Stepp - BRE#01456379
Listing Agent State License01456379
MLS Area4 - Downtown Area, Alamitos Beach
Open Parking Spaces4
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusClosed
Stories2
Subdivision NameAlamitos Beach (AB)
TermsCash, Cash to New Loan, 1031 Exchange
Total Units6
Water Sewer Expense1125
ZoningLBR2N

Exterior for 1035 Orange Avenue

Lot Features6-10 Units/Acre
Lot Size Acres0.17
Lot Size Area7499
Lot Size SourceAssessor
Lot Size Square Feet7499
Lot Size UnitsSquare Feet
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Total Parking4
Water SourcePublic
1527188455

First Team Client Services

Price $1,675,000
MLS#PW21032054
List Date 02/16/2021
Property Type Income
Phone 714.964.3311
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