
Long Beach, California 90804
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,394,344 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. With a Condition Rating of 5, the property offers significant value-add potential through modernization. Featuring 12 total parking spaces and a detached 1,596 sq. ft. front unit, it provides an ideal configuration for Buy-and-Hold Investors or Owner-Occupants seeking a "house hack" in a prime coastal location near top-rated schools like Fremont Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1735 Orizaba Avenue Subject | $1,399,000* List Price | 0 | 0 | 4,302 | $324 | - |
A 1600 Junipero Avenue Sold | $1,500,000 | 0 | 0 | 4,266 | $352 | 0.4 mi |
B 1425 Park Sold | $1,100,000 | 6 | 4 | 2,680 | $410 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988 and is approximately 38 years old with no mentioned renovations to kitchens, bathrooms, or major systems. Per the criteria, structures over 30 years old without significant updates are considered poor as they typically require rehab of original systems and dated interiors.
Elementary School: Fremont Elementary School (9/10).
Rare for Long Beach, each of the three units features a private 2-car attached garage plus a 2-car driveway, providing a total of 12 parking spaces which significantly drives tenant demand and property value.
The property features a large, fully detached 1,596 sq. ft. 3BR/2BA front unit, offering the privacy of a single-family home for an owner-occupant while the two rear units provide substantial rental income.
Despite its coastal proximity and premium price point, the property offers no views, which may be a drawback for buyers seeking the aesthetic appeal typically associated with Eastside Long Beach.
Being located mere steps from an elementary school can result in significant vehicular congestion and noise during morning drop-off and afternoon pick-up hours, potentially impacting residential tranquility.
LONG BEACH TRIPLEX (SOUTH OF PCH), BUILT IN 1988 (Click the 360 icon above to view the video.) – This Multi-Family home was built from the ground up by the current owner in 1988. The spacious (3BR/2BA, 1596 sf) fully detached front unit was owner-occupied for years, as it was originally designed to be. The back two units (a 3BR/2BA and a 2BR/2BA) total 2706 sf. All three units feature 2-car attached garages (each with 2-car driveways), and they occupy an unusually large 6503 sf lot. Now we turn our attention to this property’s location in Long Beach: 1) Less than 2 miles from the beach and the Long Beach bike path 2) Quick access to Belmont Shore’s 2nd Street dining, shopping & nightlife, while being removed from the high-traffic tourist zone 3) Mere steps to Nieto Herrera Elementary School 4) Convenient to Cal State Long Beach, Recreation Park Golf Course and Marine Stadium… Overall, 1735 Orizaba Avenue benefits from being in a centrally located east Long Beach pocket near coastal amenities, established neighborhoods, dining corridors, and recreation — a combination that tends to support long-term desirability and property value stability. Take the time to thoughtfully compare, and you’ll realize why this is the one you’ve been looking for! (Note: Addresses for the two back units are 1737 & 1739 Orizaba Ave.)
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,302 | 2,081.5 | 95% |
| Lot Size | 6,503 | 6,372.5 | 65% |
| Price | $1.40M | $1.01M | 85% |
| Price per sq ft | $325 | $513 | 10% |
| Built year | 1988 | 1928 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 149 | 5% |
May 20, 2026
$1,399,000
Initial Listing