1140 Orizaba Avenue, Long Beach, CA 90804

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1140 Orizaba Avenue,Long Beach, CA 90804
$1,080,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joshua barut
Office: lyon stahl investment real estate, inc.
MLS#:SB26103140
Source:MLSListings

Price summary

  • Price:$1,080,000

About this home

We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6,531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand...

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Home facts

  • Year built:1942
  • Listing ID #:SB26103140
  • Added:102 day(s) ago
  • Updated:August 26, 2026 at 04:23 PM

Structure and exterior

  • Year built:1942
  • Lot area:0.15 Acres
  • Lot Features:Greenbelt, Level, Mid Block
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,080,000
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