6508 ORANGE AVE
LONG BEACH, CA 90805
$1,800,000
0 Beds
0 Baths
5,354 Sq Ft
Status Active
MLS# PW24105603
Pleased to present 6508 Orange Avenue, a secure 8-unit apartment building in the heart of vibrant Long Beach, California. Built in 1960, the property consists exclusively of two-bedroom/one-bathroom units. For added comfort and convenience, the property features an on-site laundry facility as well as (4) off-street parking spaces for tenants to use. This apartment building offers residents easy access to an array of local amenities including shopping centers, restaurants, entertainment venues, and recreational parks. With convenient access to major transportation routes, commuting to other parts of the city is effortless. Priced at $225,000/unit for this unit mix, this property is one of the more affordable deals on the market. Further, through modernization of the units and increases on current rent levels that are projected to be 53% below market, this property offers phenomenal value appreciation and exceptional future cash-on-cash returns.
Details for 6508 ORANGE AVE
$336 / Sq Ft
4 parking spaces
23 Days on website
0.13 acres lot
Area Information for 6508 ORANGE AVE
