6626 Orizaba Ave , Long Beach, CA 90805
$2,275,000
Est. Payment: $12,049.89/mo
4 Bed
4 Bath
4213 Sqft
Status: Active | Days on site: 8
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CLW-X78984 - CLW-C144182
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House Description

North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

Highlights

Listed by Jeanine Davidson , 949-374-3725 eXp Realty of California Inc , 888-584-9427. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1964

County

Los Angeles

Area

7 - North Long Beach

Listing ID

26880381

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:0
Appliances:Refrigerator
Floor:Laminate,Tile
Other:
  • Additional:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:8
Zoning:LBR3T
Others:
  • Additional:2+ Total Units, Has ADU
Parking Features:Assigned,Driveway,One Space,Uncovered
Principal Interest
$12,050
Taxes
$1,450

Home Price

$2,275,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$455,000
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Monthly Price:
$12,049.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,049.89 $1,450.31 $0.00 $13,500.20
Yearly $144,598.70 $17,403.75 $0.00 $162,002.45
Total $4,337,961.00 $522,112.50 $0.00 $4,860,073.50

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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