Fourplex · 2 recorded sales since 2020
Listing Agent: Joshua Barut (DRE #01971720) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 562-457-8126 · Bought with: Pat Swanson · Stream Realty Partners - Orange County · MLS #SB26103140 · Source: CRMLS
1140 Orizaba Avenue sold for $1,045,000 in September 2026, 3.2% under its $1,080,000 list price, after 73 days on the market. It was first listed at $1,160,000. Across 105 closed sales in 90804 over the last 12 months, the median sold price is $830,000 and the median is $561 per square foot.
| Quarter | Closed sales in 90804 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $830,000 |
| Q2 2026 | 50 | $822,500 |
| Q3 2026 | 44 | $842,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90804
We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6,531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 90804, nearest first (last 12 months). All recent sales in Long Beach →
1140 Orizaba Avenue last sold in September 2026 for $1,045,000, according to CRMLS-reported closed sales. Nalren has 2 recorded sales at this address since 2020.
$1,045,000, 3.2% below the $1,080,000 list price, after 73 days on the market.
105 homes closed in ZIP 90804 over the last 12 months at a median of $830,000 ($561 per square foot).
1140 Orizaba Avenue is not currently listed on the MLS. Browse current homes for sale in Long Beach on Nalren.