Homes for sale - 1073 Orizaba Avenue, Long Beach, CA 90804

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Leo Peak

leo@leopeak.com +1(415) 816-1469

$ 1,199,000

Est. payment | -/mo

5 Beds

2,044 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

5 Beds

2,044 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,044 sqft

Price per Sqft $586

MLS Listing ID CRPW25107437

Bedrooms 5

HOA Y/N No

Year Built 1922

Lot Size 6,729 Sqft

Acres 0.15

Property Sub-Type Triplex

Property Description

This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, itâ€™s an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three. Property Highlights: -3 units in total -Front unit has a market value lease potential of $3,500/month -Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy -Total Monthly Rent (for fully rented units): $6,930/month -Annual Gross Scheduled Income (GSI): $83,160 (potential) This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homesâ€”without rental unitsâ€”have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Heating Floor Furnace

Cooling No Air Conditioning

Flooring Vinyl

Fireplace No

Laundry Gas Dryer Hookup, Laundry Room, Other

Exterior

Exterior Feature Back Yard, Front Yard, Other

Utilities Available Sewer Connected

View Y/N false

View None

Handicap Access Other

Total Parking Spaces 8

Building

Lot Description Other, Back Yard, Front Yard

New Construction No

Others

Tax ID 7258002007

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Luen Song • Coldwell Banker Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 816-1469

leo@leopeak.com

39899 Balentine Dr # 200, Newark, CA, 94560, United States

1073 Orizaba Avenue Long Beach, CA 90804