We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6,531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.
Property Details
Price:
$1,080,000
MLS #:
SB26103140
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Eastside ES
Neighborhood:
3eastsidecirclearea
Listed Date:
May 12, 2026
Total Sq Ft:
2,381
Lot Size:
6,351 sqft / 0.15 acres (approx)
Year Built:
1942
See this Listing
Schools
Interior
Laundry Features
NO
Levels
A
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB
Parking Spots
3
Parking Total
3
Financial
Maintenance Fee
$3,197
Map
Community
- Address1140 Orizaba AV Long Beach CA
- SubdivisionEastside (ES)
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Sep 09, 2026
801
Single Family Listed
72
Avg DOM
496
Avg $ / SqFt
$1,187,103
Avg List Price
Property Summary
- Located in the Eastside (ES) subdivision, 1140 Orizaba AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90804. It is listed for $1,080,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1942. The average price per square foot for Single Family listings in Long Beach is $496. The average listing price for Single Family in Long Beach is $1,187,103.
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1140 Orizaba AV
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