1033 Orizaba, Long Beach, CA 90804
Local realty services provided by:CENTURY 21 Discovery
1033 Orizaba,Long Beach, CA 90804
$2,250,000
- - Beds
- - Baths
- 6,804 sq. ft.
- Multi-family
- Active
Listed by: spencer pabst
Office: pabst, kinney & associates562-987-3244
MLS#:PW26065434
Source:CRMLS
Price summary
- Price:$2,250,000
- Price per sq. ft.:$330.69
About this home
1033 Orizaba Avenue is an excellent cash-flowing multifamily asset located in a prime Long Beach location just north of Rose Park. The property consists of eight units, including (2) 3-bedroom, 2-bath units and (6) 2-bedroom, 1-bath units, offering a versatile unit mix that appeals to a wide range of tenants—from individuals and roommates to families seeking additional space.
The property features four single-car garages, four additional surface parking spaces, a large outdoor deck above the garages, and a community laundry facility, providing desirable amenities that enhance tenant retention and livability. Additionally, the garage configuration presents a compelling value-add opportunity, as a new owner could explore the potential to convert the existing garages into up to two Accessory Dwelling Units (ADUs), further increasing income and maximizing the site’s utility (buyer to verify).
The asset is currently generating strong income of $16,895 per month ($202,740 annually), delivering immediate and stable cash flow. There is also meaningful upside in the current rents, most notably within one of the 3-bedroom units, offering investors the opportunity to further enhance revenue over time.
1033 Orizaba Avenue presents investors with a rare opportunity to acquire a well-located, stabilized multifamily property with both strong in-place income and clear value-add potential in one of Long Beach’s most established rental markets, supported by consistent demand and proximity to employment, retail, and everyday amenities....
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Home facts
- Year built:1963
- Listing ID #:PW26065434
- Added:10 day(s) ago
- Updated:April 24, 2026 at 10:26 AM
Rooms and interior
- Living area:6,804 sq. ft.
Structure and exterior
- Year built:1963
- Building area:6,804 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$330.69
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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