$ 1,199,000
-
$1,199,000
Price -
5
Bed -
4
Bath -
2,044
SqFt
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About the Listing PW0065 - PSONGTRA
This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, it’s an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three. Property Highlights: -3 units in total -Front unit has a market value lease potential of $3,500/month -Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy -Total Monthly Rent (for fully rented units): $6,930/month -Annual Gross Scheduled Income (GSI): $83,160 (potential) This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
Listing Highlights for 1073 Orizaba Ave
Status
Active
Days on Site
113
Property Type
Multi-Family
MLS ®
PW25107437
Year Built
1922
Total Square Footage
2,044
Lot/Acreage
0.15
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Vented Exhaust Fan, Water Heater
- Air Cond:
- Heating: Floor Furnace
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Quartz Counters,Unfurnished
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Back Yard,Front Yard,Lawn,Level with Street,Lot 6500-9999,Rectangular Lot,Near Public Transit,Patio Home,Sprinklers None,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Zoning: LBR2N
- Roof: Composition
- Others: Second Garage,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Direct Garage Access,Driveway,Concrete,Paved,Driveway Level,Garage,Garage Faces Front,Garage - Single Door,Gated,On Site,Parking Space,Shared Driveway,Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7258002007
- Tax Year: N/A
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Listing Location
Questions About..
1073 Orizaba Ave Long Beach, CA 90804
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