#PW25145264, Craig Smith, Listing office: Coldwell Banker Realty
1073 Orizaba Ave Long Beach, CA 90804
Property details
About 1073 Orizaba Ave
This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample space, it’s an ideal opportunity for an owner-occupant to live in the front unit while generating rental income from the two back units, or to maximize the investment potential by renting out all three. Property Highlights: -3 units in total -Front unit has a market value lease potential of $3,500/month -Rear units currently generating $1,700/month and $1,730/month (each) at full occupancy -Total Monthly Rent (for fully rented units): $6,930/month -Annual Gross Scheduled Income (GSI): $83,160 (potential) This is a rare opportunity to own a multi-unit Craftsman in a neighborhood where nearby single-family homes—without rental units—have sold for comparable prices. With built-in income potential, this property offers exceptional long-term value.
Highlights
Summary
- Appliances: Vented Exhaust Fan, Water Heater
- Flooring Type: Vinyl
- Interior: Quartz Counters, Unfurnished, Bedroom on Main Level, Main Level Primary
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Concrete, Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Gated, On Site, Paved, One Space, Shared Driveway, On Street
- Architectural Style: Patio Home
- Heating: Floor Furnace
- Cooling: None
- List Price: $1,199,000
- HOA Amount: $0
- Annual Tax Amount: $6,123
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot
- Directions: major cross streets are Orizaba and 11th
- Year Built: 1922
- Stories: 2
- Lot Size: 0.1545 Acres
- MLS Number: PW25107437
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Email: write.luen@gmail.com
- Listing Agent: Luen Song
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 7/7/2025, 4:45:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 21, 2010 | Home Sold | $145,000 |
Sep 24, 1996 | Home Sold | $130,000 |
Mar 26, 1996 | Home Sold | $130,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $439,608 | $6,123 |
2023 | $430,989 | $6,017 |
2022 | $422,539 | $5,661 |
2021 | $414,255 | $5,539 |
2020 | $410,008 | $5,461 |
2019 | $401,970 | $5,252 |
2018 | $394,089 | $5,196 |
2017 | $386,363 | $5,196 |
History based on county public records data.
Nearby schools
5
Willard Elementary School
Public District KG-5
0.1 mi
•1055 Freeman Ave
6
Nieto Herrera Elementary School
Public District KG-5
0.5 mi
•1620 Temple Ave
6
Burbank Elementary School
Public District KG-5
0.7 mi
•501 Junipero Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,718. Typical income of Long Beach, CA residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1073 Orizaba Ave
The listing price of 1073 Orizaba Ave property is $1,199,000.
The property 1073 Orizaba Ave is a multi located in Long Beach, California, 90804.
Active Listing: 1073 Orizaba Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1073 Orizaba Ave are: Willard Elementary School (GreatSchools Rating 5/10), Nieto Herrera Elementary School (GreatSchools Rating 6/10), Burbank Elementary School (GreatSchools Rating 6/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Wilson High School (GreatSchools Rating 6/10), Richard D. Browning High School (GreatSchools Rating 4/10), Clear Passage Educational Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $6,123 (source: MLS/based on county public records data).
The last sale was on December 21, 2010 for $145,000 (source: MLS/tax record).
The year of construction for 1073 Orizaba Ave is 1922.
This home is located at 1073 Orizaba Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,199,000.
In June 2025, from all listings sold in Long Beach, CA there were more than 73 sold above asking price, over 90 sold below and more than 33 were sold right at the asked price. In June 2025 in Long Beach, CA there were 4.8% more homes for sale than in May. While the average time on the market in June 2025 was 34 days, the median list price was $836,224.