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$1,750,000
161 Days Online

5475 Orange Avenue
Long Beach, CA 90805

For Sale|Multi-Family|Active
Subdivision:
North Long Beach (Nlb)
County:
Los Angeles
Listed by Keaton Quaack of Lyon Stahl Investment Real Estate, Inc.

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562.896.2456
5475 Orange Avenue5475 Orange Avenue5475 Orange Avenue5475 Orange Avenue
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Monthly Payment (Est.)

$7,984
Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.

We are pleased to present 5475 Orange Ave, a rare Quadruplex in the Bixby Knolls/North Long Beach Submarket. This 4,468 SF Quadruplex features an Outstanding Unit Mix of (4) Large 3 Bed/1 Bath Units with each unit averaging over 1,100 SF, which is incredibly rare for this submarket. In addition, the building offers (4) adjacent Garage Parking Spaces, (1) allocated for each tenant. The garage runs the width of the lot and faces out back to the alley, so there are no ingress/egress related challenges. In addition, (2) of the Units have been completely remodeled. Both Units B and D have brand new porcelain tile floors, kitchen cabinets, quartz countertops, bathroom vanities, washer and dryer hookups, and updated electrical and plumbing throughout. Additionally, the garage was recently re-roofed and Unit C had brand new windows installed. On top of this, there have not been any (4) Units buildings sold within a 0.5mi radius in the last year, only adding to the unique nature of the building. Furthermore, the offering currently has strong in place rents, with the potential for significant future growth. Moreover, investors have the opportunity to convert the Garages into either (1) or (2) ADUs in order to increase their income. Alternatively, the Garage/Parking surplus outlined above could be parsed out (in various ways) and utilized as additional cash flow streams. Lastly, the Building’s Strategic Location within the submarket should not be overlooked. Its proximity to Economic and Entertainment hubs such as Downtown Long Beach and 2nd & PCH as well as its relative proximity to both the Downtown LA and Orange County Employment Hotspots ensure substantial appreciation. These reasons should continue to drive both population growth and increased median household income, which ultimately provides much optimism for continued rent growth within the Submarket moving forward

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Listing Snapshot
Price 
$1,750,000
Days Online 
161 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,468 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1183 Acres
Year Built 
1955
MLS Number 
SB22190710
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS
5 months agoListing first seen online
General Features
Construction 
DrywallStucco
Parking 
ConcreteGarage
Parking Spaces 
4
Sewer 
Sewer Tap Paid
Acreage 
0.1183
Water 
Private
Security 
Carbon Monoxide DetectorsSmoke Detectors
Garage Spaces 
4
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
LBR3T
Listing Conditions 
Standard
Property Condition 
Updated Remodeled
Interior Features
Cooling 
Central Air
Heating 
Wall Furnace
Appliances 
DishwasherGas CooktopGas OvenRefrigerator
Flooring 
Tile
Interior 
CeilingFansOpenFloorplanQuartzCountersRecessedLightingUnfurnished
Fireplace Features 
None
Laundry Features 
Common AreaWasher HookupElectric Dryer HookupLaundry Room
Window Features 
Double Pane Windows
Fireplace 
No
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Exterior Features
Roof 
AsphaltShake
View 
CourtyardNeighborhood
Fencing 
Wrought Iron
Spa 
No
Pool Features 
None
Spa Features 
None
Lot 
Front YardLawnRectangular LotStreet LevelYard
Road Frontage 
AlleyCity Street
Community Features
Community Features 
BikingCurbsGuttersStreet LightsSuburbanSidewalks
Senior Community 
No
MLS Area 
7 - North Long Beach
Security Features 
Carbon Monoxide DetectorsSmoke Detectors


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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