1140 Orizaba Avenue, Long Beach, CA 90804

Long Beach
Local realty services provided by:ERA Excel Realty
1140 Orizaba Avenue,Long Beach, CA 90804
$1,160,000
  • - Beds
  • - Baths
  • 2,381 sq. ft.
  • Multi-family
  • Active
Listed by: joshua barut
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26103140
Source:CRMLS

Price summary

  • Price:$1,160,000
  • Price per sq. ft.:$487.19

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 excellent unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units. 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 is separately metered for electricity and gas, and is not subject to local rent control (only AB1482). Priced at a 4.50% CAP Rate and 14.51 GRM on current in-place income, with upside to an achievable 7.18% Market CAP Rate and 10.31 Market GRM, the offering presents a compelling value-add opportunity with strong day one cash flow and approximately 41% rental upside. The property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character,...

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Home facts

  • Year built:1942
  • Listing ID #:SB26103140
  • Added:1 day(s) ago
  • Updated:May 13, 2026 at 09:32 PM

Rooms and interior

  • Living area:2,381 sq. ft.

Structure and exterior

  • Year built:1942
  • Building area:2,381 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Level with Street, Near Park, Yard
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,160,000
  • Price per sq. ft.:$487.19
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