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Sold Date4/26/2021
Closed

1207 Orizaba AvenueLong Beach, California CA90804-3746

Listing IDSW20157537

4,800 SqFt 0.146 Acres

$1,395,200

This four unit property is to be sold together with it's sister property located next door at 1215 Orizaba only. It will not be sold separately. Both properties are the same size and same unit breakdown as they are identical/reversed. This is one of the rarest 4 unit properties I have seen. Every bedroom has it's own full bathroom. There are a total of 9 bedrooms and 9 bathrooms. This is one of the largest 4 unit properties in Long Beach. With ample parking and huge floorplans, these units are easy to rent and have historically secured long term tenants. There are three 2-bedroom units, all with 2 full baths plus one 3-bedroom unit with 3 full bathrooms. These apartments very large. There are 6 garages for the 4 units! Plus there are 6 parking spots in the driveway. The owner of these properties has maintained them very well. Some of the units have been completely remodeled and some are original and in excellent condition. Four of the garages are extra large 1-1/2 car size. The 3 bedroom units have their own laundry. The 2 bedrooom units can use the coin op washer and dryers. There is a huge space for RV parking behind 1215 Orizaba, long enough to park multiple recreational vehicles or 3 or 4 more cars. Parking is a critical component to apartments today and more than ever, very important to keep your tenants long term. The upstairs units have poured concrete floors not unlike commercial construction. Separately metered. Laundry facilities under the stairs.
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