5497 Orange Avenue, Long Beach, CA 90805

$1,030,000

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Sold Price
$1,030,000
List Price
$1,095,000
Closing Date
May 15, 2026
Status
CLOSED
MLS#
OC26021980
Year Built
1954
Lot Size
5,227
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
17
Property Type
Multifamily
Property Sub Type
Mixed Use
Neighborhood
North Long Beach (Nlb)

Property Description

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.

Additional Information

Appliances
Gas Oven, Gas Range, Range Hood, Water Heater
Pool Description
None
Heat
Natural Gas, Wall Furnace
Roof
Composition, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$80,244
Operating Expense
28296

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.

Listing sold by Hugo Avalos from Real Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.