6645 Orange Avenue, Long Beach, CA 90805
- $1,222,500
- Sold Price
- $1,222,500
- List Price
- $1,249,000
- Closing Date
- Oct 29, 2025
- Status
- CLOSED
- MLS#
- RS25191734
- Year Built
- 1962
- Lot Size
- 5,248
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 16
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- North Long Beach (Nlb)
Property Description
Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach. This updated 4-Units multi-family apartment built in 1962 offers unbeatable neighborhood appeal and rental potential. There are Four spacious and well-kept two-bedroom, two-bath units. Located close to the vibrant Bixby Knolls neighborhood, it’s just minutes from Long Beach Airport, Downtown Long Beach, The Queen Mary, and both the 91 and 710 freeways, the property combines prime accessibility with strong rental appeal. Property Highlights: • 4 x 2BR + 2BA units, each approx. 1,062 sq?ft • Inviting fireplaces in every unit—ideal for creating cozy living environments • Dedicated Carport for each unit and ample street parking • Close proximity to both the 91 and 710 freeways, hospital, schools, Lakewood Center This property is a smart choice for investors seeking steady income, long-term demand and value appreciation. It may qualify for DSCR loan to approve the buyer without their personal income as qualification criteria. If you’re looking for turnkey investment in a great area with huge growth potential, this is the right property for you.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $103,104
- Operating Expense
- 19687
Listing courtesy of Listing Agent: Vibhor Vineet (vinfinity.realty@gmail.com) from Listing Office: Nanda Realty Inc..
Listing sold by Vibhor Vineet from Nanda Realty Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.