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1140 Orizaba Avenue

Long Beach, CA 90804
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Bed 7

Bed

Bath 5

Bath

SqFt2,381

Sqft

SqFt6,351

Sqft(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 et GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,080,000

AD Id : 87355249

MLS Id : SB26103140

Beds : 7

Lot Size : 6,351 Sqft

Living Area Size : 2,381

Year Built : 1942

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1942 Building Area Total: 2,381
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1458
  • Lot Size Source: Assessor Lot Size Square Feet: 6351

  • Listing Price Information

    Original List Price: 1,080,000 Listing Contract Date: 2026-05-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7259018010

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 3 - Eastside, Circle Area Directions: 11th & Orizaba Source Property Type: Residential Income Area: 3 - Eastside, Circle Area Property SubType: Quadruplex
  • Building and Construction

    Property Age: 84 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Front Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1315 Termino Avenue, Long Beach, CA, 90804 $1,795,000 9 7 3,608 3,608 SqFt
1120 Raymond Avenue, Long Beach, CA, 90804 $1,299,000 9 4.5 3,720 3,720 SqFt
1029 Dawson Ave, Long Beach, CA, 90804 $1,000,000 6 3 1,703 1,703 SqFt

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ByOwner last updated this listing 07/01/2026 @ 12:48

MLS: SB26103140 LISTED BY: Joshua Barut, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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