5497 Orange Avenue Long Beach, CA $ 1,095,000
5497 Orange Avenue
$ 1,095,000
Recently Listed
Share Save

5497 Orange Avenue

Long Beach, CA, 90805
$ 1,095,000
Baths1.0 Sq 3,315

Monthly Estimate*

$ 6,742

Listed by Mark Bridge, Broker
5497 Orange Avenue, Long Beach, CA 90805 - Image 1
5497 Orange Avenue, Long Beach, CA 90805 - Image 2
5497 Orange Avenue, Long Beach, CA 90805 - Image 3
5497 Orange Avenue, Long Beach, CA 90805 - Image 4
5497 Orange Avenue, Long Beach, CA 90805 - Image 5
5497 Orange Avenue, Long Beach, CA 90805 - Image 6
5497 Orange Avenue, Long Beach, CA 90805 - Image 7
5497 Orange Avenue, Long Beach, CA 90805 - Image 8
5497 Orange Avenue, Long Beach, CA 90805 - Image 9
5497 Orange Avenue, Long Beach, CA 90805 - Image 10
View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,095,000 with 1 full bath. This 3,315 square foot home was built in 1954 on a lot size of 0.12.

We are pleased to present 5497 Orange Avenue, a well-maintained five-unit garden-style property located at Orange Avenue and Market Street in a strong Long Beach rental corridor. The two-story walk-up features partial single-story construction, excellent curb appeal, gated pedestrian access, and well-kept landscaping. All units are separately metered for gas and electricity and include gas wall heaters, stovetop ranges, and ovens. Tenants benefit from onsite laundry with a 100-gallon hot water heater, garage parking, and additional street parking. The property is ideally located near Long Beach Airport, Virginia Country Club, Hilltop Park, Long Beach Exchange, and the Port of Long Beach. With quick access to the 91, 405, and 710 Freeways, the location offers strong connectivity to shopping, employment, and entertainment centers. Garden-style community featuring a two-story walk-up design with partial single-story construction, situated in the desirable Long Beach rental market. The property showcases excellent curb appeal, highlighted by well-maintained landscaping, mature greenery, and a welcoming exterior that enhances its long-term tenant appeal. All units are separately metered for gas and electricity, and conveniently include gas wall heaters, as well as gas stovetop ranges and ovens. The building offers gated pedestrian access, pitched composition shingle roofs, garage parking, additional street parking, and a community laundry room equipped with a 100-gallon hot water heater. Prime City of Long Beach rental location at Orange Avenue and Market Street, near Long Beach Airport, Virginia Country Club, Long Beach Exchange, Skylines at Long Beach, Hilltop Park, and the Port of Long Beach. Centrally located between the 91, 405, and 710 Freeways, and surrounded by a variety of shopping centers, employment opportunities, and entertainment options.

See more

Multi-Family Active

Price

$ 1,095,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1954

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC26021980

Days on Market

19

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Gas Oven Gas Range Range Hood Water Heater
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1954
Tenant Pays Electricity Gas
Property Subtype Mixed Use
Gross Income 80244
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 49568
Operating Expense 28296
Insurance Expense 3750
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2500
Subdivision Name North Long Beach (NLB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 91 East South on Orange Ave
City Long Beach
Entry Location First
Senior Community Y/N false
Number Of Units Total 5
MLS Area 7 - North Long Beach
Lot Size Units Acres
Lot Size Square Feet 5227.2
Number of Units Leased 5
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 360
Current Financing None
Fuel Expense 0
Trash Expense 1985
Water Sewer Expense 1985
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 7128
Total Actual Rent 79344
Property Sub Type Additional Mixed Use
Taxes 13578
Cap Rate 4.53
See more
Interior
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Laundry Features Common Area
Entry Level 1
See more
Exterior
Parking Features Assigned Garage
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 0.12
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 3315
Lot Size Acres 0.12
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
See more
* Excluded Features
List By
Mark Bridge, Broker

Broker

Mark.Bridge@matthews.com

Email

Affordability Calculator

$6,742
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,742
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$1,095,000 Listed Price

Map


See all

5497 Orange Avenue, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,095,000 with 3,315 sqft and a lot size of 0.12. 5497 Orange Avenue is a studio with 1.0 baths and was built in 1954. The property's zip code is 90805 which is in Long Beach, CA