$975,000 - 6130 Orange Avenue, Long Beach

  • 0Beds
  • Baths
  • 3,335SQ. Feet
  • 0.11Acres

Pride of ownership shows in this beautiful Triplex. This is the investment that you have been looking for. All units are on month-to-month rental agreements and are below current market rates. Over the past 5 years the building has had a new roof, new duel pane windows installed in all units, new wall A/C units in all units, new security cameras and monitoring equipment, new security front gate, newly pressured washed exterior, newly remolded 3 bed with new floors & kitchen & both bathrooms remodeled with granite counters and laminate wood floors, 3 new heaters, new concrete patio in the back yard (drought friendly landscaping), new roll up garage doors on all 5 garages, new blinds in 3 bedroom unit. These units are all very large. The 3 bed/ 2 bath is approximately 1,335 sq.ft and is on top of all of the garages and has a private patio off the front entry door. It also features a Master bedroom with master bath. The 2- 2 bed/1 baths are identical in size at approximately 1,000 sq.ft. both have a very large living room and Kitchen with lots of cabinet space. Both bedrooms are also really large and one room has a very large walk in closet. Currently only 3 garages are being used and 2 are being used by the owners. Upside to gain more income is to rent all the garages at an additional fee and also get laundry income which is not currently used, but washer/dryer are owned by the owners. If using proforma rents then you get a cap rate of 5.23% and gross income of $71,400.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19192582
  • Price:$975,000
  • Bathrooms:0.00
  • Square Footage:3,335
  • Acres:0.11
  • Year Built:1978
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:6130 Orange Avenue
  • Area:North Long Beach (7)
  • Subdivision:North Long Beach (NLB)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90805

Amenities

  • Parking Spaces:5
  • # of Garages:5

Interior

  • Appliances:Dishwasher, Gas Range, Microwave, Free Standing Range
  • Heating:Wall Heater
  • Cooling:Wall or Window Units
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:0-1 Unit/Acre
  • Windows:Double Pane Windows
  • Foundation:Concrete Slab

Additional Information

  • Date Listed:August 12th, 2019
  • Days on Market:5
  • Zoning:LBR2N

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  • City:
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  • Price Range:
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  • Current Listings:
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Other (othr)

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Provided By: Cassidy Tutt(01395351), WGroup Realtors.

Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2019 at 1:07pm CDT. 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.