Views
Address
1604 Orizaba Avenue Long Beach, CA
Price
$ 1,800,000
Property Attributes
  • MLS#PW21011457
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaEastside - Circle Area
  • NeighborhoodEastside
  • Zip90804
  • StyleContemporary
  • Price$ 1,800,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Justin White with Justin White.
Data Source:
CRMLS
Property Description

We are proud to offer this 6-unit mid-century style apartment building in the heart of Long Beach’s Zaferia neighborhood. The property is located at 1604 Orizaba Ave, less than 2 blocks South of Pacific Coast Highway, and 2 blocks West of Redondo Ave. This puts the property in close proximity to public transportation, and has a walk score of 87, indicating many errands can be done on foot. The investment is comprised of (3) two-bedroom, two-bathroom units, as well as (3) one-bedroom, one-bathroom units. Built in 1953, the building has 4,086 SF of living space on the 6,369 SF lot. Each of the units is separately metered for electricity, and there is covered/garage parking available for tenants via the alley behind Orizaba. Due to the strength of the rental market, this property is currently 100% occupied, and minor upgrades can be made to drive additional value.

Price History
1/20/2021 Listed $1,800,000

General Features

Architectural Style Contemporary
Carport Spaces 3
Carport Y/N Yes
Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban, Park
Construction Materials Stucco
Facing Direction West
Garage Spaces 3
Garage Y/N Yes
Levels Two
MLS Area 3 - Eastside, Circle Area
Parking Features Carport, Door-Single, Garage, Gated, Garage Faces Rear, On Street
Pool Features None
Property Attached Y/N Yes
Property SubType Apartment
Property Type Residential Income
Roof Composition
Sewer Public Sewer
Spa Features None
Subdivision Name Eastside (ES)
Terms 1031 Exchange
Total Actual Rent 10385
Total Units 6
View Neighborhood
Water Sewer Expense 3766
Zoning LBR2N

Interior Features

Common Walls 1 Common Wall
Laundry Features Common Area

Exterior Features

Fencing Block, Good Condition, Wood, Wrought Iron
Foundation Details Slab
Lot Features 36-40 Units/Acre, Gentle Sloping, Lawn, Landscaped, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
Lot Size Acres 0.15
Lot Size Area 6370
Lot Size Source Assessor
Lot Size Square Feet 6370
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 6
Road Frontage Type Alley, City Street
Road Surface Type Alley Paved, Paved
Total Parking 6
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90804

Price
AVG $1.76M
$1.8M
Visits
AVG 77
115
Year Built
AVG 1956
1953
Walkscore
AVG 88
87
Data Provided by Walkscore ® not using MLS data

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