1490 Orizaba Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 3,958 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Zoning | LBR2N | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,958 SF |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | LBR2N |
Amenities
Unit Amenities
- Balcony
- Ceiling Fans
- Kitchen
- Carpet
- Breakfast Nook
About 1490 ORIZABA AVE , LONG BEACH, CA 90804
1490 Orizaba Avenue is a 1980's building in the highly desirable Eastside / Traffic Circle rental location. The building offers five spacious two-bedroom / two-bath townhouse-style units and six garage parking spaces. This property provides an investor the opportunity to own a manageable asset with 23%+/- rental upside potential in an attractive rental market. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, home goods, and art antiques as well as locally-owned restaurants, coffee shops and wine bars.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | $1,770 | 792 |
Property Taxes
| Parcel Number | 7259-026-001 | Improvements Assessment | $795,906 |
| Land Assessment | $1,352,520 | Total Assessment | $2,148,426 |
Property Taxes
