James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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Residential IncomeFor Sale
$1,209,000
1073 Orizaba Avenue
Long Beach, CA 90804
Listed by Luen Song DRE#01733206 [email protected] Coldwell Banker Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$6,341/mo

Welcome to this charming craftsman-style home, boasting an updated 3-bedroom, 1.5-bathroom front house. This property is truly unique, featuring two high-income producing 1-bedroom, 1-bathroom units at the back, each occupied by quiet, long-term tenants. Adding to its allure, the back units are situated over four extra-long, separate garage units and a large laundry room. This setup not only provides convenience but also offers significant income potential. Compared to similar properties in the area, this home stands out with its income-producing units, setting it apart as an exceptional investment opportunity. A neighboring property recently sold for a similar price but lacked the additional income-producing units, making this property a rare find in the market. With the option to live comfortably in the front house while generating income from the back units, this property offers the perfect blend of lifestyle and investment potential. Don't miss the chance to own this income-generating gem in a highly desirable location. Schedule your viewing today.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed.
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