Property · 2 recorded sales since 2017
Listing Agent: Justin White (DRE #01267826) · Listing Office: Justin White · Contact: 714-231-2537 · Bought with: Cesar Acosta · On The Move Realty · MLS #PW21011457 · Source: CRMLS
We are proud to offer this 6-unit mid-century style apartment building in the heart of Long Beach’s Zaferia neighborhood. The property is located at 1604 Orizaba Ave, less than 2 blocks South of Pacific Coast Highway, and 2 blocks West of Redondo Ave. This puts the property in close proximity to public transportation, and has a walk score of 87, indicating many errands can be done on foot. The investment is comprised of (3) two-bedroom, two-bathroom units, as well as (3) one-bedroom, one-bathroom units. Built in 1953, the building has 4,086 SF of living space on the 6,369 SF lot. Each of the units is separately metered for electricity, and there is covered/garage parking available for tenants via the alley behind Orizaba. Due to the strength of the rental market, this property is currently 100% occupied, and minor upgrades can be made to drive additional value.
Listing description from the July 2021 sale, as reported to CRMLS.