23
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$1,175,000
Est. payment /mo
4 Beds
4 Baths
5,040 Sqft Lot
New
5497 Orange Avenue Long Beach, CA 90805
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25095588
Bedrooms 4
HOA Y/N No
Lot Size 5,040 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Investment Opportunity in North Long Beach! This well-maintained 5-unit multifamily property offers a compelling mix of stable income and long-term upside potential. The building consists of four spacious 1-bedroom/1-bath units and one larger 2-bedroom/1-bath unit, making it a great fit for a variety of tenants. Each unit is individually metered for gas and electricity, simplifying utility management and maximizing cost-efficiency. The building has been plumbed with full copper plumbing. Investors will appreciate the coin-operated laundry room, which provides additional income, and the 4-car garage, offering both convenience and potential for increased revenue. Located in a rising pocket of North Long Beach, this asset is close to transportation, employment hubs, and local amenities, ensuring strong rental demand. With market rents trending upward, theres ample opportunity to increase cash flow through strategic improvements and rent adjustments. Whether you're a seasoned investor or new to multifamily ownership, this is a rare chance to secure a high-potential asset in an improving area. Dont miss out on this attractive blend of current income and future growth!
Exceptional Investment Opportunity in North Long Beach! This well-maintained 5-unit multifamily property offers a compelling mix of stable income and long-term upside potential. The building consists of four spacious 1-bedroom/1-bath units and one larger 2-bedroom/1-bath unit, making it a great fit for a variety of tenants. Each unit is individually metered for gas and electricity, simplifying utility management and maximizing cost-efficiency. The building has been plumbed with full copper plumbing. Investors will appreciate the coin-operated laundry room, which provides additional income, and the 4-car garage, offering both convenience and potential for increased revenue. Located in a rising pocket of North Long Beach, this asset is close to transportation, employment hubs, and local amenities, ensuring strong rental demand. With market rents trending upward, theres ample opportunity to increase cash flow through strategic improvements and rent adjustments. Whether you're a seasoned investor or new to multifamily ownership, this is a rare chance to secure a high-potential asset in an improving area. Dont miss out on this attractive blend of current income and future growth!
Exceptional Investment Opportunity in North Long Beach! This well-maintained 5-unit multifamily property offers a compelling mix of stable income and long-term upside potential. The building consists of four spacious 1-bedroom/1-bath units and one larger 2-bedroom/1-bath unit, making it a great fit for a variety of tenants. Each unit is individually metered for gas and electricity, simplifying utility management and maximizing cost-efficiency. The building has been plumbed with full copper plumbing. Investors will appreciate the coin-operated laundry room, which provides additional income, and the 4-car garage, offering both convenience and potential for increased revenue. Located in a rising pocket of North Long Beach, this asset is close to transportation, employment hubs, and local amenities, ensuring strong rental demand. With market rents trending upward, theres ample opportunity to increase cash flow through strategic improvements and rent adjustments. Whether you're a seasoned investor or new to multifamily ownership, this is a rare chance to secure a high-potential asset in an improving area. Dont miss out on this attractive blend of current income and future growth!
Location
State CA
County Los Angeles
Area Long Beach (90805)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco, Wood
Parking Features Unit1:Assigned
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Senior Community Other
Monthly Total Fees $79
Acceptable Financing Cash, Conventional
Space Rent $1,632
Listing Terms Cash, Conventional
Listed by Oriana Shea • Real Brokerage Technologies