6645 Orange Avenue, Long Beach, CA 90805

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,249,000

Est. payment - /mo

8 Beds

5,248 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID RS25191734

Bedrooms 8

Lot Size 5,248 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach. This updated 4-Units multi-family apartment built in 1962 offers unbeatable neighborhood appeal and rental potential. There are Four spacious and well-kept two-bedroom, two-bath units. Located close to the vibrant Bixby Knolls neighborhood, its just minutes from Long Beach Airport, Downtown Long Beach, The Queen Mary, and both the 91 and 710 freeways, the property combines prime accessibility with strong rental appeal. Property Highlights: 4 x 2BR + 2BA units, each approx. 1,062 sq?ft Inviting fireplaces in every unitideal for creating cozy living environments Dedicated Carport for each unit and ample street parking Close proximity to both the 91 and 710 freeways, hospital, schools, Lakewood Center This property is a smart choice for investors seeking steady income, long-term demand and value appreciation. It may qualify for DSCR loan to approve the buyer without their personal income as qualification criteria. If youre looking for turnkey investment in a great area with huge growth potential, this is the right property for you.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Artesia Blvd & Cherry Ave exit on 91 FWY

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7115008006

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Listed by Vibhor Vineet Nanda Realty Inc.

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

6645 Orange Avenue Long Beach, CA 90805

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

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