1140 Orizaba Avenue, Long Beach, CA 90804

• 2,381 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 12, 2026

Data Last Updated:

July 4, 2026 at 11:21PM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Joshua Barut : 310-425-9838

MLS ID:

SB26103140

Interior

• Laundry: None

Exterior

• Pool: None
• Parking: Parking spaces: 3

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 7259018010

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM