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$995,000
Est. payment /mo
6 Beds
3 Baths
3,216 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $309
Subdivision California Heights (Ch)
MLS Listing ID PW25158453
Bedrooms 6
Full Baths 3
Year Built 1939
Property Sub-Type All Other Attached
Property Description
Investor Special in Prime Long Beach Triplex with Huge Upside! Welcome to 3435 Orange Ave, a rare triplex opportunity in the sought-after Bixby Knolls/California Heights neighborhood of Long Beach. This three-unit property offers excellent potential for investors, flippers, or owner-users ready to roll up their sleeves and create value. The front property is made up of two 2 bed / 1 bath units with the downstairs having an additional bonus room addition, while the rear offers a spacious 1 bed / 1 bath unit that walks as a 2/1 each with their own entry and long-term rental potential. With solid bones and classic charm, this property is ready for cosmetic updates that could significantly boost rental income and property value. Situated on a generous lot with a detached 3 stall garage and off-street parking, theres even potential for a 4th unit by converting the bonus room (buyer to verify). Located close to shopping, dining, major freeways, and all the amenities of Bixby Knolls and Cal Heights, this property sits in a high-demand rental market. Whether you're looking to renovate and hold or upgrade and flip, this is your chance to unlock built-in equity and long-term gains.
Location
State CA
County Los Angeles
Zoning LBR1N
Direction Cross streets are Orange Ave and East Wardlow Rd.
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 3.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 7146026016
Special Listing Condition Standard
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Listed by Rick Lee Real Broker