1155 Orizaba Ave | Long Beach, CA 90804
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1155 Orizaba Ave
Long Beach, CA 90804
9 Unit Multifamily Apartment Investment · Multifamily Property For Sale · 9 Units
INVESTMENT HIGHLIGHTS
- Well maintained property with excellent curb appeal on a tree lined street
- Potential for additional income with laundry room that is currently not in use
- Tenants pay gas, electric and city provides trash and sewer resulting in low operating expenses
- Excellent unit mix of 8 - 2 bedroom 2 bath, and 1 - 1 bedroom 1 bath with most units 20%-35% below market
- Assumable, attractive loan ($1,525,000 @ 3.12% interest rate fixed through 9/1/2026
PROPERTY FACTS
| No. Units | 9 | Building Size | 8,371 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,371 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 1.43/1,000 SF |
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 500 |
| 2+2 | 8 | - | 650 - 750 |
PROPERTY TAXES
| Parcel Number | 7259-017-030 | Improvements Assessment | $957,481 |
| Land Assessment | $1,160,583 | Total Assessment | $2,118,064 |
PROPERTY TAXES
Parcel Number
7259-017-030
Land Assessment
$1,160,583
Improvements Assessment
$957,481
Total Assessment
$2,118,064
ZONING
| Zoning Code | R2 (Two Family Dwellings) |
| R2 (Two Family Dwellings) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
