$2,250,000

1033 Orizaba, Long Beach, CA 90804

  • 6,804 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $331/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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,

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
April 15, 2026 at 2:08AM
Listing Office:
Pabst, Kinney & Associates : 562-987-3244
Listing Agent:
Spencer Pabst : 562-884-6875
MLS ID:
CRPW26065434
  • Laundry: Other
  • County: Los Angeles
  • Zoning: 7258002018

This listing courtesy of Spencer Pabst , Pabst, Kinney & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Willard Elementary School

1055 Freeman Ave, Long Beach, CA, 90804

Grades KG-5

0.07 miles away

J

Jefferson Leadership Academies

750 Euclid Ave, Long Beach, CA, 90804

Grades 6-8

0.54 miles away

W

Wilson High School

4400 E 10th St, Long Beach, CA, 90804

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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