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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,195,000

Est. payment - /mo

5,039 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25190424

HOA Y/N No

Year Built 1954

Lot Size 5,039 Sqft

Property Sub-Type Mixed Use

Property Description

The Orange Ave Apartments are located at 5497 Orange Ave in a solid North Long Beach rental location. This garden-style two-story walkup is partially single-story construction and in great condition thanks to quality management. The property is nicely landscaped and has separate gas and electric meters. The building has gated pedestrian access, garage parking, on-site laundry, and a 100-gallon water heater. The units have gas wall heaters
and stovetop ranges and ovens.

The strong City of Long Beach location at Orange Ave and Market St offers an investor the ability to attract quality residents seeking a well-located residence with convenient access to a wide variety of activities and retail amenities. Nearby are Long Beach Airport, Virginia Country Club, Long Beach Exchange, Skylines at Long Beach, Hilltop Park, and the Port of Long Beach. The overall demand for well-located apartments like this will be a key driver in the continued growth for the Orange Ave Apartments in Long Beach, California.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR3T

Interior

Heating Wall Furnace

Cooling Electric

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Composition,Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7128004002

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Mark Bridge Mark Bridge, Broker Mark.Bridge@matthews.com

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5497 Orange AVE Long Beach, CA 90805