1622 Orange Ave
Long Beach, CA 90813

Bd   — Ba   6,329 Sqft
1622 Orange Avenue is a mixed-use property in Long Beach, California. It is located just south of Pacific Coast Highway near the intersection of Alamitos Avenue and East 17th Street. The property is just steps from Rosa Parks Park, one-third of a mile from each Long Beach Polytechnical High School, Whittier Elementary School and Long Beach City College’s Pacific Coast Campus. 1622 Orange Avenue comprises two buildings that offer a total of five two-bedroom/one-bath units and one commercial space. The commercial space was previously used as a bar and is currently available for lease. A billboard atop the front building is leased month-to-month and generates additional income. This property is lender-owned and is an REO sale; the seller will consider financing a qualified buyer. With current rents below market rates, 1622 Orange Avenue presents an excellent opportunity for an astute investor to add value and capture substantial upside in rents.
  • Property Type: Multi Family
  • MLS#: PW17026667
  • MLS:
  • Listing Office: Steven M. Bogoyevac, Broker
  • Listed By: Steven Bogoyevac
  • Movoto last checked CRMLS for new data 11 hours ago
  • CRMLS last updated this listing 3 months ago

Home Features for 1622 Orange Avenue , Long Beach

Year Built: 1963
Lot Size Square Feet: 5718
Lot Size Units: Square Feet
Price Per Square Foot: 173.8
Tax Lot: 48
Tax Tract Number: 5752
Parcel Number: 7268031028
Tax Census Tract: 5752.01
Special Listing Conditions: Standard
Standard Status: Closed
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Compare Similar Homes for 1622 Orange Avenue, Long Beach

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A 24.20 mi
999 N Doheny Dr #609
  • $975,000
  • For Sale

    77 days

  • 1 Bd
  • 1 Ba
  • Built 1963
YOU
ARE
HERE
1622 Orange Ave
  • $1,100,000
  • Sold

    41 days

  • — Bd
  • — Ba
  • 6,329 Sqft
  • $174 /Sqft
  • 5,718 Sqft Lot
  • Built 1963

Property History for 1622 Orange Avenue, Long Beach

Status
Date
Price
Sold
Mar 21, 2017
$1,100,000
Pending
Mar 9, 2017
Price Change
Mar 6, 2017
$1,100,000
Listed
Feb 8, 2017
$1,200,000
#PW17026667
Price Change
Aug 24, 2016
$799,000
Listed
Aug 9, 2016
$820,000
#OC16175195

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Real Estate Market Statistics for 1622 Orange Avenue, Long Beach

YOU ARE HERE

1622 Orange Avenue

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.1M

1622 Orange Avenue

$407K

Central Long Beach

-1% y/y

Central Long Beach

$365K

90813

11% y/y

90813

$598K

Long Beach

1% y/y

Long Beach

See all trends for Long Beach
As of , there are 22 properties listed for sale in ZIP code 90813 and 478 properties listed for sale in the city of Long Beach, CA. Those 478 properties include 312 single family homes and 166 condos. This property at 1622 Orange Ave in 90813 was last listed for $1,100,000. This is 84% above the current median price of $598,400 for Long Beach and 201% above the median of $365,000 for 90813. 1622 Orange Ave is approximately 6,329 square feet, which is 356% above the Long Beach median of 1,388 and 548% above the 90813 ZIP code median of 977. This property's price per Sqft was $174, which is 48% below the current median price in 90813 of $333 and 60% below the Long Beach median of $435 per square foot.
Built in 1963, this multi family house at 1622 Orange Ave, Long Beach CA, 90813 is approximately 6,329 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $174. 1622 Orange Ave is located in the Central Long Beach neighborhood in the Long Beach Unified School District. The closest school is Whittier Elementary School.

1622 Orange Ave, Long Beach CA, 90813 was on the market for 41 days. The median days on the market for properties in this area is 39 with a median list price of $598,400 and median cost per square foot of $435. Its current status is sold under the MLS #PW17026667.

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