1140 Orizaba AV
Long Beach, CA, 90804
$1,120,000
Beds
0 Baths
0 SqFt
0.15 Acres
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MLS #SB26103140 image #0
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 excellent unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units. 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 is separately metered for electricity and gas, and is not subject to local rent control (only AB1482). Priced at a 4.50% CAP Rate and 14.51 GRM on current in-place income, with upside to an achievable 7.18% Market CAP Rate and 10.31 Market GRM, the offering presents a compelling value-add opportunity with strong day one cash flow and approximately 41% rental upside. 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:
$1,120,000
MLS #:
SB26103140
Status:
Active
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
3 – Eastside, Circle Area3eastsidecircleareaEastside Es

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Schools

Interior

Laundry Features
NO
Levels
A

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB

Financial

Gross Operating Income
$75,924
Maintenance Fee
$3,197
Net Operating Income
$52,226

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Jun 19, 2026
801
Single Family Listed
65
Avg DOM
491
Avg $ / SqFt
$1,162,213
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 $1,120,000 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 $491. The average listing price for Single Family in Long Beach is $1,162,213.

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