This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, it’s an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three.
Property Highlights:
-3 units in total
-Front unit has a market value lease potential of $3,500/month
-Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy
-Total Monthly Rent (for fully rented units): $6,930/month
-Annual Gross Scheduled Income (GSI): $83,160 (potential)
This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
Property Highlights:
-3 units in total
-Front unit has a market value lease potential of $3,500/month
-Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy
-Total Monthly Rent (for fully rented units): $6,930/month
-Annual Gross Scheduled Income (GSI): $83,160 (potential)
This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
Property Details
Price:
$1,199,000
MLS #:
PW25107437
Status:
Active
Baths:
0
Address:
1073 Orizaba Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
May 16, 2025
State:
CA
ZIP:
90804
Lot Size:
6,729 sqft / 0.15 acres (approx)
Year Built:
1922
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
2+ Access Exits, Doors – Swing In, Parking
Appliances
Vented Exhaust Fan, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Vinyl
Heating
Floor Furnace
Interior Features
Quartz Counters, Unfurnished
Exterior
Community Features
Curbs, Sidewalks, Urban
Electric
Electricity – On Property
Fencing
Average Condition, Wood, Wrought Iron
Foundation Details
Raised
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Patio Home, Sprinklers None
Parking Features
Direct Garage Access, Driveway, Concrete, Paved, Driveway Level, Garage, Garage Faces Front, Garage – Single Door, Gated, On Site, Parking Space, Shared Driveway, Street
Parking Spots
8.00
Pool Features
None
Roof
Composition
Security Features
Window Bars
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Map
Community
- Address1073 Orizaba Avenue Long Beach CA
- Area4 – Downtown Area, Alamitos Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
Similar Listings Nearby
- 224 Pomona Avenue
Long Beach, CA$1,550,000
2.04 miles away
- 1965 Saint Louis Avenue
Signal Hill, CA$1,549,000
1.04 miles away
- 12 Argonne Avenue
Long Beach, CA$1,500,000
1.92 miles away
- 5745 Campo Walk
Long Beach, CA$1,500,000
2.61 miles away
- 1580 Park Avenue
Long Beach, CA$1,499,900
1.33 miles away
- 752 Coronado Avenue
Long Beach, CA$1,499,000
0.35 miles away
- 1054 E 1st Street
Long Beach, CA$1,495,000
1.59 miles away
- 234 Ximeno Avenue
Long Beach, CA$1,495,000
1.40 miles away
- 4110 E Vermont Street
Long Beach, CA$1,495,000
0.99 miles away
- 4622 Dunrobin Avenue
Lakewood, CA$1,495,000
4.72 miles away

1073 Orizaba Avenue
Long Beach, CA
LIGHTBOX-IMAGES