$1,685,000
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6508 Orange Avenue Long Beach, CA 90805
Apartment
Residence
Beds
Baths
...
Bed/Bath
5,354
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Pleased to present 6508 Orange Avenue, a secure 8-unit apartment building in the heart of vibrant Long Beach, California. Built in 1960, the property consists exclusively of two-bedroom/one-bathroom units. For added comfort and convenience, the property features an on-site laundry facility as well a...s (4) off-street parking spaces for tenants to use. This apartment building offers residents easy access to an array of local amenities including shopping centers, restaurants, entertainment venues, and recreational parks. With convenient access to major transportation routes, commuting to other parts of the city is effortless.
Priced at $214,375/unit for this unit mix, this property is one of the more affordable deals on the market. Further, through modernization of the units and increases on current rent levels that are projected to be 53% below market, this property offers phenomenal value appreciation and exceptional future cash-on-cash returns.
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MLS#
PW24105603
Property Type
Apartment
Year Built
1960
Square Feet
5,354
sq. ft
Lot Size
0.13
Stories
2.0
Sewer
Public Sewer
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