Home | Los Angeles County | Long Beach | 90804 | 1140 Orizaba Ave
MLS: CRSB26103140 | Status: Active | Price: $1,160,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,351 | 1942 |
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, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.
| Field | Value |
|---|---|
| MLS # | CRSB26103140 |
| MLS Source | California Regional MLS |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Joshua Barut
Lyon Stahl Investment Real Estate, Inc.
License #: 01971720
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1631 Pine | $950,000 | – | – | – | Active |
| 1770 Walnut | $950,000 | – | – | – | PendingDoNotShow |
| 720 Stanley | $1,150,000 | – | – | – | Active |
| 846 N Washington | $999,999 | – | – | – | Active |
| 1341 Stanley Ave | $1,225,000 | – | – | – | Active |
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This listing information is up-to-date as of May 13, 2026. For the most current information, please contact Joshua Barut.