5497 Orange Avenue,Long Beach, CA 90805
Long Beach, CA 90805
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!
Details
| MLS# | RS25095588 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 17 |
| Listing Provided By | Real Brokerage Technologies 855-450-0442 | Oriana Shea |
Features
| SQ Feet | 3,315 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | LBR3T |
| Acreage | 0.12 |
| Property View | None |
Market Activity 90805
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90805 |
| Area | 7 North Long Beach |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $1,175,000 low | high Med: $749,500 SqFt: 3,315 low | high Med: 1,360 $ / SqFt: $354 low | high Med: $551 On site: 17 low | high Med: 75.500000 | |