North Long Beach Apartment
For Sale
$2,275,000
6626 Orizaba Ave, Long Beach, CA 90805
Residential Income, Long Beach, CA
Property Size4,213 SF
Lot Size0.24 Acres
Price / SF$539
Days on Market48
Property Features for 6626 Orizaba Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LBR3T
Bedrooms
11
Bathrooms
9
Full bathrooms
4
Rooms
Bedroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bathroom 8, Bedroom 5, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 10, Bathroom 2, Bedroom 2, Bathroom 9, Bedroom 6, Bathroom 7, Bedroom 7, Bathroom 3, Bathroom 5
Parking
8
Parking features
Covered, Garage, Driveway, Assigned
Directions
From the 91 Freeway, exit Atlantic Avenue, head south, turn left on Artesia Blvd, then right on Orizaba Avenue the properties will be on the right. From the 710 Freeway, exit Artesia Blvd, head east, and turn right on Orizaba Avenue.
Subdivision
North Long Beach
Standard status
Active
APN
7120-015-047
Size
4,213 SF
Lot size
0.24 Acres
Amenities
coin laundry
drought-tolerant yard
Building Details
Year built
1964
Floors in Building
2
Number of units
9
Flooring type
Laminate, Tile
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Jeanine Davidson · License #01980323
(949) 374-3725
Added: Sep 2
Changed: Oct 17
Last Checked: Oct 19 at 8:06AM
MLS# 26880381
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multifamily package combines two adjoining apartment properties totaling 9 units, 4,213 square feet of building area, and approximately 10,800 square feet of land. The properties include a two-story, four-unit building at 6626 Orizaba Ave and a single-story, five-unit building at 6620 Orizaba Ave. Unit layouts range from studios to two-bedroom apartments, including two micro-studios. Select units are vacant for renovation, while recent improvements include re-piping, window upgrades, electrical work, pest treatment, newer roofing, and drought-tolerant landscaping.
The properties provide on-site parking, assigned and covered parking areas, driveways, and a detached two-car garage at 6626 Orizaba. The garage is currently used for storage and has ADU conversion potential. Additional features include coin-operated laundry, tenant-paid electricity and gas at the four-unit property, and master-metered utilities incorporated into rents at the five-unit property. The package is zoned LBR3T and is located near the 91 and 710 freeways and local transit.
The properties provide on-site parking, assigned and covered parking areas, driveways, and a detached two-car garage at 6626 Orizaba. The garage is currently used for storage and has ADU conversion potential. Additional features include coin-operated laundry, tenant-paid electricity and gas at the four-unit property, and master-metered utilities incorporated into rents at the five-unit property. The package is zoned LBR3T and is located near the 91 and 710 freeways and local transit.
Key Highlights
- 9 units across 2 continuous parcels
- Combined approximately 10,800 SF lot and 4,213 SF building
- 6626 Orizaba: 4 units, 2,610 SF building, and 5,339 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,370
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,400
$1.4M
Cap Rate 7%
$1,005,286
$1.0M
Cap Rate 9%
$781,889
$781.9K
Market Conditions
NOI Build-Up for 4,213 SF
Gross rent
$134.0K $31.80/SF
− Vacancy
−$6.0K −$1.43/SF
EGI
$127.9K $30.37/SF
− OpEx
−$57.6K −$13.67/SF
NOI
$70.4K $16.70/SF
Area
ZIP 90805
Vacancy
4.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,400
Cap Rate 7%
$1,005,286
Cap Rate 9%
$781,889
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$879.6K – $1.17M
NOI $70,370 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,331 @ 7.0% cap · market cap 3.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-parcel multifamily package with varied unit layouts, on-site parking, and renovation flexibility.
Where is this apartment building located?
The property is located at 6626 Orizaba Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: 9 units across 2 continuous parcels; Combined approximately 10,800 SF lot and 4,213 SF building; 6626 Orizaba: 4 units, 2,610 SF building, and 5,339 SF lot
