5497 Orange Avenue
Long Beach, CA, 90805 $ 1,095,000
Baths1.0 Sq 3,315 Monthly Estimate*
$ 6,742
Listed by Mark Bridge, Broker
Studio 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.
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FeaturesGeneralSewer 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
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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ExteriorParking 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
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* Excluded FeaturesList ByMark Bridge, BrokerBroker
Mark.Bridge@matthews.comEmail
Affordability Calculator
- 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 NearbyMulti-family listings in Long Beach, CA
Average List Price $1,751,408
Percent of Sale Price 60%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/5/2026 | $1,095,000 | | Listed Price |