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4-Unit Multifamily Investment
For Sale
$1,120,000

1140 Orizaba Avenue, Long Beach, CA 90804

Four-unit multifamily with separately metered electricity and gas, offering a mix of 3-, 2-, and 1-bedroom units.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market120

Property Features for 1140 Orizaba Avenue

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Multi Family

Additional Details

Cap Rate 4.5%
Multifamily Units 4

Building Details

Year Built 1942
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Joshua Barut · License #01971720
Source: Exitrealty
Added: May 13 Changed: Sep 8 Last Checked: Sep 9 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 4-unit multifamily property features an efficient layout with a unit mix of one 3 Bed/2 Bath, one 2 Bed/1 Bath, and two 1 Bed/1 Bath units. Set on a large 6,531 SF lot with efficient lot coverage, the property is designed to provide ample on-site parking, which can be especially valuable in a parking-impacted submarket. Electricity and gas are separately metered, supporting straightforward utility management.

The offering is located at 1140 Orizaba Avenue in Long Beach (90804). Reported walkability is strong with a Walk Score of 87 (Very Walkable), along with a Bike Score of 59 (Bikeable) and a Transit Score of 50 (Good Transit).

The property is not subject to local rent control, with reference to AB1482 noted in the offering materials.

Key Highlights

  • 4‑unit multifamily built in 1942 with a unit mix of 3 bed/2 bath, 2 bed/1 bath, and two 1 bed/1 bath units
  • 6,531 SF lot with efficient lot coverage for on‑site parking in a parking‑impacted submarket
  • Separately metered for electricity and gas

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency HVAC Service Computer & Electronic Repair Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,138
Businesses Nearby

Demographics for 90804, CA

39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily with separately metered electricity and gas, offering a mix of 3-, 2-, and 1-bedroom units.
Where is this quadplex located?
The property is located at 1140 Orizaba Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: 4‑unit multifamily built in 1942 with a unit mix of 3 bed/2 bath, 2 bed/1 bath, and two 1 bed/1 bath units; 6,531 SF lot with efficient lot coverage for on‑site parking in a parking‑impacted submarket; Separately metered for electricity and gas
More about this property
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