USACALong BeachEastside (Es)1140 Orizaba Ave
Listing image | Image 1

1140 Orizaba Ave, Long Beach, CA

House

For Sale

Listed price in listed location currency (USD).
$1,080,000

003

MLS® SB26103140

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 52
Lot Size 0.1458 Acres
Approx. Age 1942
MLS® Number SB26103140

Property Address: 1140 Orizaba Ave, Long Beach, CA, 90803-2525

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6, 531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.
MLS® NumberSB26103140
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1942
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$1,080,000List Price
  • Commute

Commute

Starting Address
Destination Address
1140 Orizaba Ave, Long Beach, CA

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