5497 Orange Avenue

Long Beach, CA 90805

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,315 Sqft
  • 5040
    Sqft(Lot)
$1,175,000

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, there’s 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. don’t miss out on this attractive blend of current income and future growth!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49570866

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Disposal,Gas Range
    • Fireplace: None
    • Flooring: Carpet,Laminate,Vinyl

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1954
    • Building Area Total: 3,315
    • Construction: Stucco,Wood Siding,Copper Plumbing

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1157
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5040

  • Listing Price Information

    • Original List Price: 1,175,000
    • Listing Contract Date: 2025-05-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7128004002

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 7 - North Long Beach
    • Directions: East of Atlantic Ave, South of Market St
    • Zoning: LBR3T
    • Source Property Type: Residential Income
    • Area: 7 - North Long Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 71
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: 2
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/04/2025 @ 16:24

  • MLS: RS25095588
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,315 sqft, 5,040 sized lot, and 4 parking. are nearby neighborhoods.