1140 Orizaba AV
Long Beach, CA, 90804
$1,080,000
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 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
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
Parking Spots
3
Parking Total
3

Financial

Gross Operating Income
$75,924
Maintenance Fee
$3,197
Net Operating Income
$54,058

Map

Community

Subdivisions in Long Beach

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
Long Beach, CA