6140 Orange Avenue, Long Beach, California 90805, Long Beach, 90805 - 7 bed, 4 bath
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Long Beach, California 90805
This Strategic Triplex Asset represents a stable entry into the North Long Beach market with a List Price of $1,100,000, aligning closely with its $1,094,402 Fair Market Value. Built in 1978, the property maintains a Well-Maintained Condition Rating and offers superior utility with a 3-Bedroom Owner's Unit and Five Garage Spaces with dedicated storage. Serving the Long Beach Unified District, this newer-era construction provides a turnkey solution for generating rental income while offsetting mortgage costs. It is a premier acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors prioritizing low-maintenance assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6140 Orange Avenue Subject | $1,100,000* List Price | 7 | 4 | 3,335 | $328 | - |
A 6001 California Avenue Sold | $1,000,000 | 0 | 0 | 3,115 | $321 | 0.3 mi |
B 1921 E Washington Active | $1,150,000 List Price | 0 | 0 | 3,184 | $361 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this triplex is well-maintained but shows clear signs of its age. While the addition of a modern tankless water heater is a positive system update, the exterior aesthetics and utility areas reflect 1970s construction without evidence of a comprehensive modern renovation. The property is functional and move-in ready for tenants, but likely retains dated kitchen and bathroom fixtures consistent with a property of this vintage.
The inclusion of a large 3-bedroom, 2-bathroom owner's unit makes this triplex an ideal opportunity for house-hacking or an owner-user seeking significant rental offsets.
With 5 garage spaces and dedicated large storage areas for each, the property solves the chronic parking shortage in Long Beach, providing a major competitive advantage for attracting tenants.
Built in 1978, the structure is significantly newer than the typical early-to-mid-century multi-family inventory in the area, likely resulting in better systems and lower immediate maintenance needs.
The history of multiple price reductions from the original $1.15M list price indicates that the property may have been initially overvalued for the North Long Beach submarket.
With a 3,335 sqft building and 5 garages on a 4,619 sqft lot, there is very limited common area or private outdoor space for tenants, which may impact long-term desirability.
Located in North Long Beach, the property may face lower appreciation potential and different tenant demographics compared to more premium coastal or central Long Beach neighborhoods.
Large owners unit and duplex. One 3 bed, 2 bath unit and two 2 bed, 1 bath units with 5 garage spaces and laundry room. Very spacious and well maintained units. Each garage has a large storage space in the back. Great rental income. Perfect for owner occupant/ investor!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 94% |
| Baths | 4.0 | 0.0 | 89% |
| Square foot | 3,335 | 1,535.5 | 83% |
| Lot Size | 4,619 | 4,730 | 39% |
| Price | $1.10M | $820.8K | 89% |
| Price per sq ft | $330 | $536 | 28% |
| Built year | 1978 | 1952 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 484 | 236 | 0% |
Feb 13, 2026
$1,100,000
$1,120,000
-2% Price Drop
Initial Listing
Jan 14, 2026
$1,120,000
$1,150,000
-3% Price Drop
Initial Listing
Feb 7, 2025
$1,150,000
Initial Listing
Jun 3, 2004
$559,000
Public Record
Oct 25, 2002
$374,000
Public Record