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5497 Orange Avenue

Long Beach, CA 90805

– beds
– baths
– sqft
5,040 sqft lot
1954 build
– on site

Exceptional Investment Opportunity in North Long Beach! This well-maintained 5-unit multifamily property offers a compelling mix of stable income and long-term upside potential. The building consists of four spacious 1-bedroom/1-bath units and one larger 2-bedroom/1-bath unit, making it a great fit for a variety of tenants. Each unit is individually metered for gas and electricity, simplifying utility management and maximizing cost-efficiency. The building has been plumbed with full copper plumbing. Investors will appreciate the coin-operated laundry room, which provides additional income, and the 4-car garage, offering both convenience and potential for increased revenue. Located in a rising pocket of North Long Beach, this asset is close to transportation, employment hubs, and local amenities, ensuring strong rental demand. With market rents trending upward, there’s ample opportunity to increase cash flow through strategic improvements and rent adjustments. Whether you're a seasoned investor or new to multifamily ownership, this is a rare chance to secure a high-potential asset in an improving area. Don’t miss out on this attractive blend of current income and future growth!

Listed By CRMLS_CA / Oriana Shea / Real Brokerage Technologies / 562-477-3388

Last checked: Checking… • Last updated May 19, 2025 •

MLS# RS25095588 —

The Building

Year Built:

1954
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco, Wood Siding
Building Area Total:

3315.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

1
Stories Total:

2
Entry Level:

2
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

5
# of Separate Electric Meters:

5

Interior

Features:

Copper Plumbing Full
Levels:

Two
Entry Location:

2
Flooring:

Carpet, Laminate, Vinyl
Room Type:

Kitchen, Living Room
Number Wall AC:

5
Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

East of Atlantic Ave, North of Market St
Latitude:

33.85606700
Longitude:

-118.17754300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LBR3T
Lot Features:

2-5 Units/Acre
Lot Size Area:

5040.0000
Lot Size Acres:

0.1157
Lot Size SqFt:

5040.00
Lot Size Source:

Assessor
View:

None
Fencing:

None
Fence:

No
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

I
Tax Census Tract:

5706.01
Tax Tract:

8281
Tax Lot:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7128004002

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Range
Included:

Yes

The Community

Subdivision:

North Long Beach (NLB)
Subdivision:

Westside/North of Willow (WNW)
Features:

Suburban
Association:

No
Pool:

None
Senior Community:

Yes
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

4.00
Garage Spaces:

4.00

Extra Units

Average 1 Bed Area:

700
Average 2 Bed Area:

825
Number With Carpet:

3
Number With Disposal:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/19/25 May 19, 2025	Price Changed	CRMLS_CA	$1,125,000	-4.3%
5/1/25 May 1, 2025	Listed / Active	CRMLS_CA	$1,175,000

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This multifamily located in North Long Beach, Long Beach, CA 90805 is currently for sale for $1,125,000. 5497 Orange Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 47 days. 5497 Orange Avenue is in the North Long Beach neighborhood of Long Beach and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Lindbergh Middle School, Jordan High School, and Harte Elementary School.

Listing Courtesy of: CRMLS_CA and Real Brokerage Technologies. Based on information from California Regional Multiple Listing Service, Inc. as of 23:41 on Jun 17.

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. 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, 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.