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$2,275,000
11 Beds ⋅ 9 Baths ⋅ 26880381 MLS ⋅ Active Status
North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

6626 Orizaba Avenue, Long Beach
$3,295,000
12 Beds ⋅ 12 Baths ⋅ 26871087 MLS ⋅ Active Status
Huge 600k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.5% Cap Rate, 7.4 GRM, and 202k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

6068 Atlantic Avenue, Long Beach
$999,000
3 Beds ⋅ 2 Baths ⋅ OC26147019 MLS ⋅ Active Status
Versatile Spanish-style North Long Beach property near the Atlantic Ave corridor with a main residence, newly completed detached 2025 ADU, and separate rear studio/flex space. The main home features an open living and kitchen layout with thoughtful updates while preserving its original Spanish-style character. The 1-bedroom, 1-bath ADU includes its own kitchen, refrigerator/range, mini split system, separate entrance, separate electric meter, and lofted area. A separate rear studio/flex space adds flexibility for office, creative, storage, or long-term use possibilities. Outdoor areas have been upgraded with pavers, turf, and a cinder block privacy wall for low-maintenance entertaining and enjoyment. Additional improvements include a 200-amp electrical panel, exterior stucco, mini split systems, and Tesla solar system. Near neighborhood shopping, dining, conveniences, and public transit options.

5447 Lime Avenue, Long Beach
$764,000
25596079 MLS ⋅ Active Status
Prime Corner Development Opportunity | Mixed-Use Zoning | On-Site Parking. Rare opportunity to acquire a prime corner property with on-site parking in Long Beach, offering outstanding potential for developers, investors, and owner-users.Zoned Residential and Mixed-Use, the property allows for a wide range of possibilities, including medical offices, urgent care facilities, caf or restaurant concepts, boutique fitness studios, professional offices, or mixed-use residential development. The dedicated parking lot is a valuable asset that enhances the property's development potential and business viability, an increasingly rare feature for urban sites. Located on a high-exposure corner with steady traffic flow, the property provides excellent visibility and accessibility, making it an ideal location for businesses seeking a strong community presence. This is an excellent opportunity to redevelop, reposition, or establish a thriving venture in a growing area of Long Beach. Buyer to independently verify zoning, permitted uses, and development potential with the City of Long Beach.

800 E South Street, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.