6645 Orange Ave
Long Beach, CA 90805
Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach.
Sales Price $1,249,000
Long Beach Apartment
Beds
8
Baths
8
Home Size
4248 Sq. Ft.
Lot Size
5248 Sq. Ft.
Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach.
This updated 4-Units multi-family apartment built in 1962 offers unbeatable neighborhood appeal and rental potential. There are Four spacious and well-kept two-bedroom, two-bath units. Located close to the vibrant Bixby Knolls neighborhood, it s just minutes from Long Beach Airport, Downtown Long Beach, The Queen Mary, and both the 91 and 710 freeways, the property combines prime accessibility with strong rental appeal. Property Highlights: 4 x 2BR + 2BA units, each approx. 1,062 sq?ft Inviting fireplaces in every unit ideal for creating cozy living environments Dedicated Carport for each unit and ample street parking Close proximity to both the 91 and 710 freeways, hospital, schools, Lakewood Center This property is a smart choice for investors seeking steady income, long-term demand and value appreciation. It may qualify for DSCR loan to approve the buyer without their personal income as qualification criteria. If you re looking for turnkey investment in a great area with huge growth potential, this is the right property for you.
This home located at 6645 Orange AVE is currently active and has been available on pardeeproperties.com for 1 day. This property is listed at $1,249,000. It has 8 beds and 8 bathrooms. The property was built in 1962. 6645 Orange AVE is in the North Long Beach community of Los Angeles County.
Quick Facts
- 1 day on market
- Built in 1962
- Total parking spaces 8Car
- Assigned, Carport
- Apartment
- Community | North Long Beach
- MLS# | RS25191734MR
Features
- None Cooling
- Wall Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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