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Sold on 10/29/2025
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6645 Orange Ave, Long Beach, CA 90805

$1,222,500

Last sold 10/29/2025 after 65 Days

  • —

    bed

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    bath

Multi-family not for sale

About 6645 Orange Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 5,248 Sqft
Rental estimate
Property description
Welcome to a rare investment gem offering close to 6.5% CAP RATE in the heart of Long Beach. This updated 4-Units multi-family apartment built in 1962 offers unbeatable neighborhood appeal and rental potential. There are Four spacious and well-kept two-bedroom, two-bath units. Located close to the vibrant Bixby Knolls neighborhood, it’s just minutes from Long Beach Airport, Downtown Long Beach, The Queen Mary, and both the 91 and 710 freeways, the property combines prime accessibility with strong rental appeal. Property Highlights: • 4 x 2BR + 2BA units, each approx. 1,062 sq?ft • Inviting fireplaces in every unit—ideal for creating cozy living environments • Dedicated Carport for each unit and ample street parking • Close proximity to both the 91 and 710 freeways, hospital, schools, Lakewood Center This property is a smart choice for investors seeking steady income, long-term demand and value appreciation. It may qualify for DSCR loan to approve the buyer without their personal income as qualification criteria. If you’re looking for turnkey investment in a great area with huge growth potential, this is the right property for you.
Listed by
Listing Agent - Vibhor Vineet
Listing Agent Contact: 5624054854
Listing Office - Nanda Realty Inc.
Source: CRMLS mls logo
MLS#RS25191734 • last updated 11 months ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1205
Lot Size (SqFt) 5248
Year Built 1962
Interior
Laundry None
Appliances Gas Range
Exterior
Foundation Slab
Building Area Square Feet, 4248
Roof Shingle
Parking Assigned, Carport
# Uncovered Spaces 4
# Carport Spaces 4
# Parking Spaces 8
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision North Long Beach (NLB), North Long Beach (NLB)
Zoning LBR1N
Directions Artesia Blvd & Cherry Ave Exit On 91 FWY
APN 7115008006
Multifamily Details
Expense: Trash 600
Operating Expense 19687
Cap Rate 6.5
Expense: Insurance 2400
Total Expenses 19687
Expense: Water/ Sewer 1800
Gross Income 73104
Gross Scheduled Income 103104
Lot/ Land Details
Average Studio Area 1062
Rental est.: $1,492/month
Gross rent multiplier: 68.3
  • Oct 2025
    mls logo MLS # RS25191734
  • Oct 14, 2025 Pending
    —
  • Aug 25, 2025 Listed
    $1,249,000 (+112.4%)
  • Jul 2013
    mls logo MLS # SR13063025
  • Jul 18, 2013 Sold
    $588,000 (+1.5%)
  • Apr 8, 2013 Listed
    $579,500
  • 6645 Orange Ave
    $1.22M
  • Hamilton
    $699K 0% y/y
  • 90805
    $685K 0% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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