1033 Orizaba, Long Beach, CA 90804
- 6,804 sqft
other
Built in 1963
6,970sqft lot
—— car garage
$331/sqft
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
- County: Los Angeles
- Zoning: 7258002018
This listing courtesy of Spencer Pabst , Pabst, Kinney & Associates
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Willard Elementary School
1055 Freeman Ave, Long Beach, CA, 90804
Grades KG-5
0.07 miles away
Jefferson Leadership Academies
750 Euclid Ave, Long Beach, CA, 90804
Grades 6-8
0.54 miles away
Wilson High School
4400 E 10th St, Long Beach, CA, 90804
Grades 9-12
0.94 miles away






