USACALong BeachEastside (Es)1033 Orizaba
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1033 Orizaba Ave, Long Beach, CA

Condo

For Sale

Listed price in listed location currency (USD).
$2,250,000

004

MLS® PW26065434

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1963
MLS® Number PW26065434

Property Address: 1033 Orizaba, Long Beach, CA, 90804

Average square foot calculated using Size range provided by listing agent.

Description

1033 Orizaba Avenue is an excellent cash-flowing multifamily asset located in a prime Long Beach location just north of Rose Park. The property consists of eight units, including (2) 3-bedroom, 2-bath units and (6) 2-bedroom, 1-bath units, offering a versatile unit mix that appeals to a wide range of tenants—from individuals and roommates to families seeking additional space. The property features four single-car garages, four additional surface parking spaces, a large outdoor deck above the garages, and a community laundry facility, providing desirable amenities that enhance tenant retention and livability. Additionally, the garage configuration presents a compelling value-add opportunity, as a new owner could explore the potential to convert the existing garages into up to two Accessory Dwelling Units (ADUs), further increasing income and maximizing the site’s utility (buyer to verify). The asset is currently generating strong income of $16, 895 per month ($202, 740 annually), delivering immediate and stable cash flow. There is also meaningful upside in the current rents, most notably within one of the 3-bedroom units, offering investors the opportunity to further enhance revenue over time. 1033 Orizaba Avenue presents investors with a rare opportunity to acquire a well-located, stabilized multifamily property with both strong in-place income and clear value-add potential in one of Long Beach’s most established rental markets, supported by consistent demand and proximity to employment, retail, and everyday amenities.
MLS® NumberPW26065434
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1963
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$2,250,000List Price

Home Appraisal

This property is estimated to sell between: $869,000 and $2,941,000.
Similar properties in this area sold on average for: $869,250
Expected to sell in 91 days. Similar properties sold in 93 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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1033 Orizaba Ave, Long Beach, CA

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