6645 Orange AVE Active

Long Beach,CA 90805

$ 1249000

- Bed

- Bath

4248 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,248 sqft

Price per Sqft $294

Subdivision North Long Beach (Nlb)

MLS Listing ID RS25191734

HOA Y/N No

Year Built 1962

Lot Size 5,248 Sqft

Acres 0.1205

Property Sub-Type Apartment

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

Zoning LBR1N

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet,Laminate,Tile,Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Range

Laundry None

Exterior

Parking Features Assigned,Carport

Pool None

Community Features Urban

View None

Roof Type Shingle

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

TERMS Cash,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME vibhor vineet

SHOW CONTACT PH 5624054854

SHOW INSTRUCTIONS Please do not disturb the tenants in Units B, C & D. Unit A is vacant. Please call/ Text listing agent Vibhor Vineet @ 562.405.4854. All information is deemed reliable but not guaranteed. Buyer to do their own due diligence in regards to any information including square footage, agreements, city/county requirements, etc.

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