This Multifamily Property is no longer advertised on LoopNet.com.

731-745 Orange Ave
Long Beach, CA 90813
32 Units in Alamitos Beach · Multifamily Property For Sale · 32 Units

Investment Highlights

  • 11.4 GRM AND 5.6% CAP ON IN PLACE RENTS.
  • Opportunity to add 8 ADU's onsite and increase income to 8.5 GRM and 8.3% CAP.
  • Tons of parking - 40 onsite spaces.
  • EMAIL AGENT FOR MORE INFO INCLUDING A RENT ROLL.

Property Facts

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.55 AC
Building Size 17,976 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 2.23/1,000 SF
Zoning R2N, Long Beach - Two-Family Residence

Amenities

Unit Amenities

  • Oven

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 22 - 675
2+1 10 - 850

Property Taxes

Property Taxes

Parcel Number
7266-003-031
Land Assessment
$3,751,370
Improvements Assessment
$2,021,601
Total Assessment
$5,772,971
  • Listing ID: 30724535

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 731-745 Orange Ave, Long Beach, CA 90813

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}