1155 Orizaba Ave, Long Beach, CA 90804
OFF MARKET

1155 Orizaba Ave
Long Beach, CA 90804

East Side
  • Studio
  • 8,371 sqft
  • Studio
  • 8,371 sqft

$2,862,000

Trulia Estimate
as of Apr 28, 2024
Est. Refi. Payment $18,121/mo*

Homes for Sale Near 1155 Orizaba Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 15, 2024
Well maintained two story 9 unit apartment building built in 1987 with excellent curb appeal on a quiet tree lined street. This Eastside/Zaferia location is great, as it is close to many of the hip restaurants, coffee shops and retail stores on 4th Street, and Anaheim Street to the North with Urban Americana Antiques, Long Beach Thai, Joe Jost’s, Los Compadres, Bamboo Club, Selva with Long Beach Playhouse and Recreation Park just to the east. A new roof was installed in August of 2017 as well as new stucco, paint and drought resistant landscape for low maintenance. Excellent unit mix of 8 – 2 bedroom 2 bath units with gas fireplaces and some balconies and 1 – 1 bedroom 1 bath unit. Several of the units (202, 204, 303, 304) were remodeled by the current owner and the building is 100% occupied. Most of the units are 20% to 35% below current market rents. Secured parking garage with a total of 14 spaces. There is also a laundry room that is currently not in use and can potentially generate additional income. Tenants pay gas and electric utilities and trash service is provided by the City of Long Beach resulting in very low operating expenses. There is a very attractive assumable CHASE loan with a balance of $1,525,000 with a 3.12% interest rate fixed through 9/1/2026. Current monthly payments are $6,828 ($2,861 principal and $3,967 interest).

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
163 days ago

Home Details for 1155 Orizaba Ave

Interior Features

Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water ConnectedLaundry: None
Fireplace & Spa
Spa: NoneNo Spa
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: Ground
View
No ViewView: None

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 14Number of Covered Spaces: 14No CarportHas a GarageParking Spaces: 14Parking: Assigned
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7259017030

Price & Status

Price
List Price: $3,000,000
Status Change & Dates
Off Market Date: Mon Apr 15 2024

Active Status

MLS Status: Hold

Location

Direction & Address
City: Long BeachCommunity: Eastside (ES)

Building

Building Area
Building Area: 8371 Square Feet

Community

Community Features: Curbs, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 6277 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, Electricity, Gas

Rental

Has Rent Control

Miscellaneous

Mls Number: SB23213504Attribution Contact: slampe@remaxcir.com

Additional Information

CurbsSidewalks
Last check for updates: about 15 hours ago
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB23213504

Price History for 1155 Orizaba Ave

DatePriceEventSource
04/15/2024$3,000,000ListingRemovedCRMLS #SB23213504
11/18/2023$3,000,000Listed For SaleCRMLS #SB23213504

Comparable Sales for 1155 Orizaba Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Multi-Family Home
$3,250,000
06/27/23
17
17
7,770
0.27
Multi-Family Home
$1,394,200
02/26/24
7
6
3,919
0.35
Multi-Family Home
$1,400,000
07/18/23
8
4
4,896
0.34
Multi-Family Home
$1,650,000
09/22/23
21
4,644
0.47
Multi-Family Home
$2,250,000
05/16/23
14
8
6,040
0.57
Multi-Family Home
$2,200,000
06/07/23
13
8
6,852

Assigned Schools

These are the assigned schools for 1155 Orizaba Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Side

  • Trulia User
    "It’s a friendly neighborhood, with lots and lots of store and restaurants nearby. Easy freeway access. Safe, friendly area with plenty of services near by. It’s a safe area o"
    0
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  • Trulia User
    "There are good schools over here and most people are helpful. Street parking can be a bit much when you go out which is the only downside. The area stays relatively busy during the day but quiet at night."
    2
    Flag
  • Ariah L.
    "Most of the time, the dogs are on leashes and neighbors pick up after their pets. It’s a nice area and most people have different types of dogs. There are also a few dog parks nearby as well."
    0
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  • Trulia User
    " The neighborhood is safe nice friendly there's lots of friendly people it's fun to travel and go to parks and take my dog for a walk and and go to the store"
    1
    Flag
  • Ariahlea
    "We have different outdoor everts depending on the time of year. It's safe and welcoming. More festive things happen around the holidays."
    0
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  • Trulia User
    "I have only lived in the traffic circle area for 7 months. It’s a safe and accessible area in Long Beach."
    2
    Flag
  • Trulia User
    "This neighborhood is not clean lot of homelessness and drug use neighbors don’t pick up after themselves and trash every day even after street sweeping"
    0
    Flag
  • Rnichols718
    "My commute is easy. Easy routes in every direction. Access to nearby 405 605 and the 22. Within 10 minutes to each. "
    1
    Flag
  • Jaeana M.
    "fleas and ticks in the grass other dog owners don’t clean the poop up and dogs like to go and smell it"
    4
    Flag
  • Tom G.
    "Great place to live. Easy access to the freeway. Great food and shopping. Best place I have ever lived"
    0
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  • Saahirk
    "Great place to live. Neighbors are friendly, lots of green space and parking. Pretty quiet. Most people are young families and young professionals."
    1
    Flag
  • Alnoble
    "It is a safe and friendly area. There are two Starbucks within easy walking distance. Super markets, gas stations, nail polars and just about anything you need is only a short walk away."
    1
    Flag
  • Martha_20ramirez
    "People are always walking their dogs and most owners clean up after them. It’s just some of them are off their leashes but they are well behaved "
    1
    Flag
  • Martha_20ramirez
    "Most neighbors keep to themselves but if you greet them they’ll greet you back. There’s always cars parked on the street with their emergency lights on too. "
    2
    Flag
  • Natalie J.
    "Not a fan, parking is awful and 4th Street is really loud. The people are nice enough and I don’t feel unsafe walking around, it’s just a huge hassle to go anywhere after 7:00pm on a weekday or anytime on the weekends. "
    32
    Flag
  • Nathan B.
    "I work in Torrance , so my commute is generally 30-40min each way (sometimes longer). Access to the 405 isn’t bad but with traffic can be a bit annoying. Evening rush hour causes a lot of delays."
    1
    Flag
  • Jonathan G.
    "hi you see people walking all the time they are always with a dog or 2 and they have poop pick up bags just put around on different trees with a disposal near each one so convenient "
    0
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  • Jeanette S. B.
    "This neighborhood is very nice and quiet. I used to live by Polytechnic and we had a ton of loud neighbors. Blasting music until 4am. Neighbors are very nice. Lots of parks to walk around and enjoy. "
    3
    Flag
  • Martha_20ramirez
    "There’s bus stops near by and most people get around in their cars. A couple of people commute by their bicycles. I get around by my car, most things are within a 10 minute drive. "
    1
    Flag
  • Ingrid O. .
    "I like that everything's waking distance and houses are pretty. the only things I dont like are the commercial areas too close to resendtial areas "
    5
    Flag
  • Milan d. l. R.
    "It’s a mile from the beach, just north of retro room, and in between downtown Long Beach in Belmont shore. There’s a lot of amenities in walking distance like grocery stores, coffee shops, restaurants, bars and a whole slew of other shops."
    7
    Flag
  • John L.
    "There are a lot of homeless people who live in this neighborhood. The police keep close watch over this neighborhood."
    0
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  • Virginia B.
    "I’m by the beach so you feel a nice breeze. There are also many shopping centers, community events and many eclectic cuisines restaurants. There’s many different cultures and a string acceptance of the LQBTQ community. Also, many dog friendly areas/ restaurants. "
    3
    Flag
  • Gina M.
    "Excellent Neighbors and convenient location we really love it! Close to all shopping and starbucks, vons, all the amenities and the beach is only a bike ride away! 10 mins away, not too mention Belmont Shore and surrounding areas are the best in Long Beach!"
    4
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1155 Orizaba Ave

Off Market Homes Near 1155 Orizaba Ave

1155 Orizaba Ave, Long Beach, CA 90804 is a studio, 8,371 sqft multi-family built in 1987. 1155 Orizaba Ave is located in East Side, Long Beach. This property is not currently available for sale. The current Trulia Estimate for 1155 Orizaba Ave is $2,862,000.