5497 Orange Avenue, Long Beach, CA 90805 - Berkshire Hathaway HomeServices California Properties
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5497 Orange Avenue, Long Beach, CA 90805

$1,125,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Oriana Shea | oriana@orianashea.com
Lic#: 01217538
Broker: Courtesy of Real Brokerage Technologies

Agent Remarks

Exceptional Investment Opportunity in North Long Beach! This well-maintained 5-unit multifamily property offers a compelling mix of stable income and long-term upside potential. The building consists of four spacious 1-bedroom/1-bath units and one larger 2-bedroom/1-bath unit, making it a great fit for a variety of tenants. Each unit is individually metered for gas and electricity, simplifying utility management and maximizing cost-efficiency. The building has been plumbed with full copper plumbing. Investors will appreciate the coin-operated laundry room, which provides additional income, and the 4-car garage, offering both convenience and potential for increased revenue. Located in a rising pocket of North Long Beach, this asset is close to transportation, employment hubs, and local amenities, ensuring strong rental demand. With market rents trending upward, there’s ample opportunity to increase cash flow through strategic improvements and rent adjustments. Whether you're a seasoned investor or new to multifamily ownership, this is a rare chance to secure a high-potential asset in an improving area. Don’t miss out on this attractive blend of current income and future growth!

Listing Details

55+ Community
Property type: Apartment (Multi-Family)
Status: Active
MLS# RS25095588
List price is $1,125,000 Reduced by $50,000 on 5/19/2025
Price: $1,125,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1954
2 stories
0.12 acres
Lot size: 0.1157
Subdivision: North Long Beach (NLB)
County: Los Angeles
Zoning: LBR3T
Construction: Stucco,Wood Siding,Copper Plumbing
Appliances: Disposal,Gas Range
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 7 - North Long Beach

Last Updated: 5/19/2025

 Days On Market (DOM): 28

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This listing belongs to the 7 - North Long Beach MLS area

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Lat/Long: 33.856067, -118.177543.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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