Property Details
About this Property
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!
MLS Listing Information
MLS #
CRRS25095588
MLS Source
California Regional MLS
Days on Site
13
Interior Features
Appliances
Garbage Disposal, Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5497 Orange Ave is a Residential Income in Long Beach, CA 90805. This – square foot property sits on a 5,040 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,175,000 and was built in 1954. This address can also be written as 5497 Orange Ave, Long Beach, CA 90805.
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This listing information is up-to-date as of May 02, 2025. For the most current information, please contact Oriana Shea, (562) 477-3388
