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For sale
  • Listing Provided by: 

    Luen Song DRE #01733206 write.luen@gmail.com,

    Coldwell Banker Realty

    $1,199,000

    1073 Orizaba Ave, Long Beach, CA 90804

    --beds
    --baths
    2,044sqft
    : 
    Triplex
    Built in 1922
    -- sqft lot
    $1,174,100 Zestimate®
    $587/sqft
    $-- HOA

    What's special

    Ample spaceCharming craftsman architecture
    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.
    11 days
    on Zillow
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    145
    |
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    Zillow last checked: 7 hours ago

    Listing updated: May 17, 2025 at 06:39am

    Listing Provided by:

    Luen Song DRE #01733206 write.luen@gmail.com,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: PW25107437MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
    Heating
    • Floor Furnace
    Cooling
    • None
    Appliances
    • Included: Vented Exhaust Fan, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Quartz Counters, Unfurnished, Bedroom on Main Level, Main Level Primary
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,044
    • Total interior livable area: 2,044 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete, Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Gated, On Site, Paved, One Space, Shared Driveway, On Street
    • Garage spaces: 4
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Parking, Accessible Doors
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition,Wood,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,729 Square Feet
    • Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Sprinklers None, Street Level
    Details
    • Additional structures: Second Garage
    • Parcel number: 7258002007
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Patio Home
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Urban
    • Security: Window Bars
    • Subdivision: Ross & Davidson Tract
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $587/sqft
    • Tax assessed value: $439,608
    • Annual tax amount: $6,123
    • Date on market: 5/16/2025
    • Listing terms: Cash to New Loan
    • Total actual rent: 41160
    • Tenant pays: Cable TV, Electricity
    • Road surface type: Paved
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