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    333 Orange Ave

    Long Beach, CA 90802
    • $2,150,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 20-571768
    UPDATED: 195 min ago
    $2,150,000
    • 3
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,388
      SQFT
    • $490
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    333 Orange Ave is a 9-unit rental property offering (8) studios and (1) three-bedroom/two-bath unit, featuring electrical upgrades, partial copper plumbing, and on-site laundry. Located in the desirable Alamitos Beach area of Long Beach, the property also offers approximately 10% rental upside.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T23:44:01.387. 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.
    www.randyplaice.com/homes/105322045
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    333 Orange Ave Long Beach, CA 90802

    • Price: $2,150,000
    • Status: Active
    • Updated: 195 min ago
    • ID#: 20-571768
    3
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,388
    SQFT
    $490
    $/SQFT
    1923
    Built
    Neighborhood:
    Downtown Area, Alamitos Beach
    County:
    Los Angeles
    Area:
    Downtown Area, Alamitos Beach
    Property Description
    333 Orange Ave is a 9-unit rental property offering (8) studios and (1) three-bedroom/two-bath unit, featuring electrical upgrades, partial copper plumbing, and on-site laundry. Located in the desirable Alamitos Beach area of Long Beach, the property also offers approximately 10% rental upside.
    Exterior Features

    Lot Size Area 5390 Other Structures None Parking Garage None Pool YN No Tennis YN No Total Parking 0

    Interior Features

    Baths Total 10.00 Cooling None Den No Dining Room No Equipment Range/Oven Family Room No Heating None

    Property Features

    Gross Income 150300 Gross Operating Income 142785 Land Lease Type Fee Like Units1 8 Like Units2 1 Net Operating Income 88366.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 54419 Type Of Units Apartment Zoning Lbr3s

    Listing provided courtesy of Mark Witsken DRE#01884724 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T23:44:01.387. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355