Property Details
About this Property
Seller Financing Available!! 5 units situated on a nearly 8000 square foot lot. With upside potential, possible room for expansion, and 2 units being delivered vacant - this is an incredible investment opportunity. The units are a mix of 2 SFR's and an apartment building with 3 units. One of the houses and the biggest unit in the apartment will be delivered vacant. Pro forma potential of $129k/annually. Here are the details: 1050 Orange Ave: (FRONT HOUSE) A spacious 4-bedroom, 1-bath home boasting 1,300 sq ft. Features window air conditioners Parking: Comes with an open-air parking spot. Rent: Currently rented at $2,200/month (month-to-month) with potential for upside. 1052 Orange Ave: (ONE HALF OF THE BUILDING - DELIVERED VACANT) A 4-bedroom, 1-bath residence set across two levels, measuring approximately 1,300 sq ft. Equipped with 2 heat pumps for both AC and heating. Newer Appliances. Parking: Private space with potential for tandem parking for 2 cars. Delivered Vacant: Market rent $2,500. 1054 Orange Ave (SECOND FLOOR - OTHER HALF OF BUILDING) An efficiently designed 1-bedroom, 1-bath unit on the second floor covering 600 sq ft. Equipped with two wall-mounted AC units. Rent: Currently le
MLS Listing Information
MLS #
CRBB23176583
MLS Source
California Regional MLS
Days on Site
70
Buyer's Brokerage Compensation*
2.00
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Nearby Homes for Sale
1050 Orange Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,998,000 and was built in 1922. This address can also be written as 1050 Orange Ave, Long Beach, CA 90813.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of October 11, 2023. For the most current information, please contact Christian Perez
