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$1,175,000
13 Days On Site

5497 Orange Avenue
Long Beach, CA 90805

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
3,315
SqFt
$354
/SqFt
1954
Built
Subdivision:
North Long Beach (NLB)
County:
Los Angeles
Listed by Oriana Shea of Real Brokerage Technologies [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

5497 Orange Avenue5497 Orange Avenue5497 Orange Avenue5497 Orange Avenue
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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!

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Listing Snapshot
Price 
$1,175,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,315 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1157 Acres
Year Built 
1954
MLS® Number 
RS25095588
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1157
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
4
Property Sub Type 
Apartment
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3315
Stories 
Two
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LBR3T
Interior Features
Appliances 
DisposalGas Range
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Flooring 
CarpetLaminateVinyl
Heating 
Wall Furnace
Laundry Features 
Common Area
Kitchen 
Living Room 
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Exterior Features
Construction Details 
StuccoWood Siding
Fencing 
None
Pool Features 
None
Road Frontage 
City Street
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
2
Community Features 
Suburban
Financing Terms Available 
CashConventional
MLS Area 
7 - North Long Beach
Senior Community 
Yes


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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