1463 Orange ave, Long Beach, CA 90813
Active
$950,000
2 Units
4 Beds
3 Baths
2,194 Area(sq.ft.)
Lot: 5,246 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,100 | $ 2,100 | $ 2,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,100 | $ 2,100 | $ 2,500 |
| 2 | 4 | 4 | $ 4,200 | $ 4,200 | $ 5,000 |
| MLS #: | 25517673 |
| Days On Market: | 23 |
| Listing Date: | March 27, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 433 |
| Price per unit: | $ 475,000 |
| Year Built: | 1904 |
Property Details
Welcome to 1463/1465 Orange Ave, a charming and versatile duplex in the heart of Long Beach's Poly High District. With two spacious units totaling 2,194 square feet, this property is ideal for two families looking to live nearby while enjoying their own space, investors searching for dependable rental income, or house hackers ready to live in one unit and rent out the other.Each unit features two bedrooms and one and a half bathrooms, formal dining rooms, in-unit laundry, and separate backyard areasoffering privacy, comfort, and a true sense of home. The right unit (1465 Orange) was tastefully renovated in 2017, while the left unit (1463 Orange) was fully updated in 2019 with modern finishes and clean, stylish touches throughout. Each unit has its own entrance and outdoor space, making it easy to live together while keeping things separate. A two-car garage with extra storage space in the back is shared by both units including a long driveway that can park 4-5 cars. Whether you're looking to build wealth through real estate, bring loved ones closer, or take the first step into homeownership with extra income support, 1463/1465 Orange Ave offers the kind of opportunity that rarely comes along. Centrally located just minutes from downtown Long Beach, the beach, schools, shopping, and major freeways, this is a smart, flexible investment in one of the city's most dynamic neighborhoods.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 50,400 |
| Total Annual Expense: | $ 2,400 |
| Net Operating Income: | $ 48,000 |
| Gross Annual Income: | $ 50,400 |
| Gross Rent Multiplier: | 18.00 |
Structure
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Two |
| Style: | Craftsman |
Land & Parking
| Zoning: | LBR4R |
| Parking Garage: | Garage - 2 Car |
Interior
| AC/Cooling: | Air Conditioning |
| Equipment: | Dishwasher |
| Heating: | Central |
Exterior
Detailed Map
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Income
