1140 Orizaba Avenue
Long Beach, CA 90804
7
Bed
5
Bath
6,351Sqft(Lot)
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 attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. 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 benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Mark
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1942Building Area Total: 2381Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6351 Lot Size Acres: 0.1458 Lot Size Source: Assessor Lot Size Square Feet: 6,351 Lot Description: ZeroToOneUnitAcre,Level,NearPark,YardProperty Information
Subdivision: Eastside (ES) Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: One Property Age: 84
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Listing Price Information
Listing Price: $1080000Original Price: $1160000Cash, CashToNewLoan, Conventional
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Tax Information
Parcel Number: 7259018010 Tax Lot: 18 Tax Block: B
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Parking Information
Parking Total: 3
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Location Information
Direction: 11th & Orizaba WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 764 Terraine Avenue, Long Beach, CA, 90804 | $1,600,000 | 5 | 3 | -- | |
| 4316 E Wehrle Court, Long Beach, CA, 90804 | $1,100,000 | 1 | 1 | -- | |
| 4027 E 11th, Long Beach, CA, 90804 | $1,019,000 | 3 | 3 | -- | |
| 1315 Termino Avenue, Long Beach, CA, 90804 | $1,645,000 | 9 | 7 | -- | |
| 1334 Mira Mar, Long Beach, CA, 90804 | $1,299,900 | 4 | 2 | 1,920 | 1,920 SqFt |
| 906 Termino, Long Beach, CA, 90804 | $1,425,000 | 2 | 1 | -- | |
| 1117 Euclid, Long Beach, CA, 90804 | $1,699,000 | 13 | 6 | -- | |
| 1735 Orizaba Avenue, Long Beach, CA, 90804 | $1,299,000 | 8 | 6 | -- | |
| 2828 E 10th, Long Beach, CA, 90804 | $730,000 | 1 | 2 | -- | |
| 1043 Stanley Avenue, Long Beach, CA, 90804 | $1,700,000 | 10 | 6 | -- |
Similar Multifamily To 1140 Orizaba Avenue
Nearby For Sale
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ByOwner last updated this listing 08/18/2026 @ 09:01
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