Long Beach, CA 90804 1073 Orizaba Avenue

1073 Orizaba Avenue Long Beach, CA - Image 11073 Orizaba Avenue Long Beach, CA - Image 21073 Orizaba Avenue Long Beach, CA - Image 3
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1073 Orizaba Avenue Long Beach, CA - Image 41073 Orizaba Avenue Long Beach, CA - Image 51073 Orizaba Avenue Long Beach, CA - Image 61073 Orizaba Avenue Long Beach, CA - Image 71073 Orizaba Avenue Long Beach, CA - Image 81073 Orizaba Avenue Long Beach, CA - Image 91073 Orizaba Avenue Long Beach, CA - Image 101073 Orizaba Avenue Long Beach, CA - Image 11
Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25107437
  • 05/16/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • Full/Half Baths • 1 / 1
  • SQFT • 2,044
  • Garage • 4

Home Details

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, it’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 homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com

Interior Features for 1073 Orizaba Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesQuartzCounters, Unfurnished, BedroomOnMainLevel, MainLevelPrimary
Laundry FeaturesWasherHookup, GasDryerHookup, LaundryRoom
Total Stories2

Other Rooms

Entry Level1

General for 1073 Orizaba Avenue

AccessibilitySafeEmergencyEgressFromHome, Parking, AccessibleDoors
Additional Parcels Y/NNo
AppliancesVentedExhaustFan, WaterHeater
Architectural StylePatioHome
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.73
Carport Spaces0.0
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, Sidewalks, Urban
Construction MaterialsWoodSiding
CoolingNone
CountyLos Angeles
Current FinancingNone
Directionsmajor cross streets are Orizaba and 11th
ElectricElectricityOnProperty
Electric On Property Y/NNo
Entry Locationfront
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingFloorFurnace
Home Warranty Y/NNo
Insurance Expense861.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet6729.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense440.0
MobileHomeRemainsYNNo
Net Operating Income80298.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
Open Parking Spaces4.0
Operating Expense2862.0
Other StructuresSecondGarage
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesWindowBars
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameRoss & Davidson Tract
Tax Lot6
Tenant PaysCableTv, Electricity
Total Actual Rent41160.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense1084.0
Waterfront Y/NNo
Year Built1922
Year Built SourcePublicRecords
ZoningLBR2N

Exterior for 1073 Orizaba Avenue

Building Area Total2044.0
Crops Included Y/NNo
FencingAverageCondition, Wood, WroughtIron
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, BackYard, FrontYard, Lawn, NearPublicTransit, RectangularLot, SprinklersNone, StreetLevel
Lot Size Acres0.1545
Lot Size Area6729.0
Lot Size SourceAssessor
LotDimensionsSourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesConcrete, DirectAccess, DrivewayLevel, DoorSingle, Driveway, GarageFacesFront, Garage, Gated, OnSite, Paved, OneSpace, SharedDriveway, OnStreet
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,199,000
MLS#PW25107437
List Date 05/16/2025
Property Type Multi-Family
Phone 714.742.6515
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