5715 Orange Avenue,  Long Beach CA, 90805 (Residential Income)

4,068 sqft
Status: Sold
MLS#: SB16186601
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Last Updated: 12/2/2016 11:17 AM
Description for 5715 Orange Avenue Long Beach, CA 90805
5715 Orange Ave is listed for sale for the first time in 28 years. It is a well maintained 4-unit apartment building with garage parking and laundry onsite. The property was originally developed in 1978 and features large units averaging over 1,000 SF per unit. The unit mix consists of one 3 bedroom 2 bath unit and three 2 bedroom 2 bath units. Rents are very low and can be marked up to market. One 2 bedroom unit is but fully upgraded with new appliances, vanities, fixtures, and flooring.
Price
Sold Price:
$775,000
Sold Date:10/21/2016
Los Angeles
4,068 (approx)
SB16186601
Closed
Description
5715 Orange Ave is listed for sale for the first time in 28 years. It is a well maintained 4-unit apartment building with garage parking and laundry onsite. The property was originally developed in 1978 and features large units averaging over 1,000 SF per unit. The unit mix consists of one 3 bedroom 2 bath unit and three 2 bedroom 2 bath units. Rents are very low and can be marked up to market. One 2 bedroom unit is but fully upgraded with new appliances, vanities, fixtures, and flooring.
Listing Information
Property Type: Cluster, Other
0.11 Acres 513,900 sq.ft. 4,068 (approx)
$190.51 1978
Yes- 4 spaces
4 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces
None
No Pool
LBR3T
Sidewalks
Driving Directions
Cross Streets: Orange & South
Financial Considerations
7128006031
$72,840 Income ,$20,029Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90805 has a population of 463,589.

The median household income in Long Beach, California 90805 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90805 is 33.2 years.

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Courtesy: CBRE, Inc. John Levis
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