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Listed by Vibhor Vineet • Nanda Realty Inc.
$ 1,249,000
Est. payment /mo
Pending
6645 Orange AVE Long Beach, CA 90805
5,248 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRRS25191734
Year Built 1962
Lot Size 5,248 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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
Area 7 - North Long Beach
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Shingle
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 7115008006
Special Listing Condition Not Applicable
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