Long Beach, CA 90804 1073 Orizaba Avenue
$1,209,000
10 more
Presented By: Luen Song with Coldwell Banker Realty; [email protected]
Home Details
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.
Presented By: Luen Song with Coldwell Banker Realty; [email protected]
Interior Features for 1073 Orizaba Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesLaundryRoom
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 1073 Orizaba Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesUrban
CoolingNone
CountyLos Angeles
Days on Market41
DirectionsOrizaba and 11th St
Entry Locationstreet level
Garage Spaces4.0
Garage Y/NYes
Gross Income50670.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense717.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet6727.0
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income44570.0
New ConstructionNo
Number of Units Leased2
Operating Expense3901.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameOrizaba
Subdivision NameEastside (ES)
Tax Lot6
Tenant PaysElectricity, Gas
Total Actual Rent3300.0
Total Units3
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense1590.0
Waterfront Y/NNo
Year Built1922
Year Built SourcePublicRecords
ZoningLBR2N
Exterior for 1073 Orizaba Avenue
Building Area Total2044.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1544
Lot Size Area6727.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480