5595 Orange Avenue, Long Beach, CA 90805

$1,399,000
List Price
$1,399,000
Status
ACTIVE
MLS#
PV18160685
Year Built
1953
Lot Size
5,195
Lot Location
No Landscaping
Days on Market
15
Property Type
Multifamily
Style
Contemporary
Stories
Two Level
Neighborhood
North Long Beach (Nlb)

Property Description

We are proud to offer this 7-unit apartment building with lots of upside. The unit mix comprised of (3) 2 Bed / 1 Bath and (4) 1 bed / 1 bath units. There are (3) On-Site 1-car garages and a laundry room. The units are in decent good condition but need to be remodeled and modernized to increase rents. Utility expenses are historically low as the owner only pays for water/sewer, tenants pay all electricity & gas. Seller is doing a 1031 Exchange. Buyer to cooperate with Seller's 1031 Exchange.

Additional Information

Tract Number
8281
Lot Description
Urban
Pool Description
None
Heat
Wall Heater
View
None
Roof
Composition
Garage Spaces Total
3
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Frank Ponce from Coldwell Banker-PV/Bch. Cities

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.