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1073 Orizaba Avenue, 
Long Beach, CA 90804

$1,199,000


Bed


Bath


2,044

Sq Ft


Multi-Family

Active

Listed by

Luen Song

562-494-4600

Last updated:

May 17, 2025, 10:15 AM

MLS#

PW25107437

Source:

CRMLS

Company Logo

About This Home

1073 Orizaba Avenue

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.

Home Facts

Multi-Family

Built in 1922

Price Summary

1,199,000

$586 per Sq. Ft.

MLS #:

PW25107437

Last Updated:

May 17, 2025, 10:15 AM

Added:

a day ago


Rooms & Interior

Interior

Living Area:

2,044 Sq. Ft.


Structure

Structure

Architectural Style:

Patio Home

Building Area:

2,044 Sq. Ft.

Year Built:

1922


Lot

Lot Size (Sq. Ft):

6,730


Finances & Disclosures

Finances

Price:

$1,199,000

Price per Sq. Ft:

$586 per Sq. Ft.

1073 Orizaba Avenue
Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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