Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property Description

Welcome to this charming craftsman-style home, boasting an updated 3-bedroom, 1.5-bathroom front house. This property is truly unique, featuring two high-income producing 1-bedroom, 1-bathroom units at the back, each occupied by quiet, long-term tenants.

Adding to its allure, the back units are situated over four extra-long, separate garage units and a large laundry room. This setup not only provides convenience but also offers significant income potential.

Compared to similar properties in the area, this home stands out with its income-producing units, setting it apart as an exceptional investment opportunity. A neighboring property recently sold for a similar price but lacked the additional income-producing units, making this property a rare find in the market.

With the option to live comfortably in the front house while generating income from the back units, this property offers the perfect blend of lifestyle and investment potential. Don’t miss the chance to own this income-generating gem in a highly desirable location. Schedule your viewing today.

Features
: Wall Furnace
2
1
: Individual Room
0
: Urban
Additional Information
Coldwell Banker Realty
0
PSONGTRA
PW0065
Luen
7258002007
: Standard
4
25

Multi-Family For Sale

1073 Orizaba Avenue, Long Beach, California 90804

2,044 Sqft
$1,209,000
Listing ID #PW24045679
Basic Details
Status : Active
DaysOnMarket : 41
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PW24045679
Price : $1,209,000
Living Area : 2,044 Sqft
Lot Size : 6,727 Sqft
Year Built : 1922
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90804
Price Per Square Foot : $591
Subdivision : Eastside (ES)
ModificationTimestamp : 2024-04-16 16:13:14
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent