Long Beach, CA 90814,359 Orizaba AVE
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Long Beach, CA 90814,359 Orizaba AVE
Long Beach, CA 90814,359 Orizaba AVE
Long Beach, CA 90814,359 Orizaba AVE
Long Beach, CA 90814,359 Orizaba AVE

$1,271,000

Est. payment /mo

$1,269,000

0.2%
Est.Price: ?

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359 Orizaba AVE Long Beach, CA 90814

6,534 Sqft Lot

SOLD DATE : 02/27/2020

Key Details

Sold Price $1,271,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW19266805

Sold Date 02/27/20

HOA Y/N No

Year Built 1961

Lot Size 6,534 Sqft

Property Description

BACK ON THE MARKET 30K PRICE DROP, PREVIOUS BUYER DID NOT CLOSE! NOW IS YOUR OPPORTUNITY! One of the most beautiful & richly preserved Craftsman properties in Bluff Heights. Sustainable rental income from additional units that will help pay most of your monthly mortgage! 359 Orizaba in Historic Bluff Heights has it ALL! Main house is a 1920s Craftsman that is 3 bed/ & 2 baths, with a stunning private backyard oasis. HUGE renovated backyard, hot tub, & grilling area. Brand new mahogany fence was installed to give privacy from back units. Sellers have METICULOUSLY accounted for every inch of this home and it shows! Indoor laundry room & a stunning Master en suite bathroom with brand new shower & completely replaced plumbing. 3 car garage, and a drive way for two cars. Total of 5 parking spots!

2 units in the back of the house. Mother-In-Law studio unit that has been renovated & currently earns between $2400-$3400 PER MONTH on Airbnb. Also behind back house is 1Bed/1Bath, approx. 480 sqft. Rented for $1300/ month on a month-month lease.

Sellers have used the income from the one bed /1 bath unit ($1300 per month) & Airbnb Mother-In-Law studio ($2400-3400 per month) to pay the mortgage in full every month. You will not get that elsewhere in Bluff Heights living in such a luxuriously Craftsman front home! The front home is detached from back units!

Perfect for owner use OR investor to make even more profit from renting the front house as well!

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2A

Interior

Heating Floor Furnace

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7257010025

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristina Moore • The Moore Group
Bought with Matt Thomas • RE/MAX College Park Realty

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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