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6744 Orizaba Ave
Long Beach, CA 90805
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Strong In-Place Cash Flow - Current Cap Rate is 5.69%
- Garage Conversion ADU Potential - Opportunity to Convert Existing Parking Into Additional Dwelling Units
- Attractive Unit Mix Includes (8) Two-Bedroom Units & (1) Studio
- Community Amenities Include On-Site Laundry Facility & (10) Single-Car Garages
Property Facts
| No. Units | 9 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 7,770 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1973/2016 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Zoning | R3, Long Beach | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,770 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2016 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | R3, Long Beach |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,400 | 450 |
| 2+2 | 8 | $2,091 | 915 |
Property Taxes
| Parcel Number | 7113-004-024 | Improvements Assessment | $1,800,000 |
| Land Assessment | $610,000 | Total Assessment | $2,410,000 |
Property Taxes
Parcel Number
7113-004-024
Land Assessment
$610,000
Improvements Assessment
$1,800,000
Total Assessment
$2,410,000
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