Homes for sale - 1073 Orizaba AVE, Long Beach, CA 90804

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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Luen Song • Coldwell Banker Realty

$ 1,199,000

Est. payment | -/mo

6,729 Sqft Lot

Save

$ 1,199,000

Est. payment | -/mo

Save

6,729 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25107437

Year Built 1922

Lot Size 6,729 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, it's an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three. Property Highlights: -3 units in total -Front unit has a market value lease potential of $3,500/month -Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy -Total Monthly Rent (for fully rented units): $6,930/month -Annual Gross Scheduled Income (GSI): $83,160 (potential) This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes-without rental units-have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Rooms

Kitchen Exhaust Fan

Interior

Heating Floor Furnace

Cooling None

Laundry Gas Hookup, In Laundry Room, 30

Exterior

Parking Features Garage, Common Parking Area, Gate / Door Opener, Off-Street Parking, Other, Parking Area

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Raised

Water Hot Water, District - Public

Others

Tax ID 7258002007

Special Listing Condition Not Applicable

GET MORE INFORMATION

Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

1073 Orizaba AVE Long Beach, CA 90804

Ben Dodge

Key Details

Location

Rooms

Interior

Exterior

Building

Others

1073 Orizaba AVE