6645 Orange Avenue new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90805
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,248 sqft
Price per Sqft $294
MLS Listing ID CRRS25191734
Bedrooms 8
Year Built 1962
Lot Size 5,248 Sqft
Property Sub-Type OTHER
Property Description
Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach. This updated 4-Units multi-family apartment built in 1962 offers unbeatable neighborhood appeal and rental potential. There are Four spacious and well-kept two-bedroom, two-bath units. Located close to the vibrant Bixby Knolls neighborhood, it’s just minutes from Long Beach Airport, Downtown Long Beach, The Queen Mary, and both the 91 and 710 freeways, the property combines prime accessibility with strong rental appeal. Property Highlights: • 4 x 2BR + 2BA units, each approx. 1,062 sq?ft • Inviting fireplaces in every unit—ideal for creating cozy living environments • Dedicated Carport for each unit and ample street parking • Close proximity to both the 91 and 710 freeways, hospital, schools, Lakewood Center This property is a smart choice for investors seeking steady income, long-term demand and value appreciation. It may qualify for DSCR loan to approve the buyer without their personal income as qualification criteria. If you’re looking for turnkey investment in a great area with huge growth potential, this is the right property for you.
Location
State CA
County Los Angeles
Zoning LBR1
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate,Tile,Vinyl,Carpet
Laundry No Hookups
Exterior
Exterior Feature Other
View Y/N false
View None
Building
New Construction No