CA > Long Beach > North Long Beach
Long Beach, CA 90805,5497 Orange Avenue
Long Beach, CA 90805,5497 Orange Avenue
Long Beach, CA 90805,5497 Orange Avenue
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Listed by Oriana Shea • Real Brokerage Technologies
$1,125,000
Est. payment /mo
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3,315 SqFt
Price Dropped by $50K

5497 Orange Avenue Long Beach, CA 90805

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Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,315 sqft

Price per Sqft $339

Subdivision North Long Beach

MLS Listing ID RS-25095588

Year Built 1954

Lot Size 5,040 Sqft

Property Sub-Type Apartment

Property 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!

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR3T

Interior

Interior Features Copper Plumbing Full

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Laundry Community

Exterior

Parking Features Assigned

Garage Spaces 4.0

Pool None

Community Features Suburban

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

View Y/N No

View None

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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5497 Orange Avenue