$1,135,000
$54K PRICE DROP
Total Views 7,803
7 Beds
4 Baths
4,250 Sq Ft
$267 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Room

About This Home

Introducing 6552 Orange Avenue, a well-maintained 1980's built four-unit building featuring an ideal upstairs/downstairs layout, spacious floor plans, and excellent curb appeal. The property consists of one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one studio unit, all fully leased and showing strong pride of ownership. Additional features include a community laundry room, a recently replaced section of the roof, and 11 on-site parking spaces located at the rear of the property. The expansive parking area offers potential to add up to four ADUs (buyer to verify with the City), creating valuable future upside. This is a rare opportunity to acquire a clean, income-producing asset with both immediate cash flow and long-term development potential. Priced to sell.

Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 11/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 5,578 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 162
  • Tax Tract Number 7845
  • Assessor Parcel Number 7114013051
  • $824 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,300
  • Fuel Expense $912
  • Gardener Expense $600
  • Insurance Expense $2,003
  • Trash Expense $2,904
  • Water Sewer Expense $1,356
  • New Taxes Expense $14,862
  • Operating Expense $26,337
  • Gross Income $84,300
  • Net Operating Income $57,963

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

5,578 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1356.00
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7114013051
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 267.06

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2904.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5578.00
  • Lot Size Acres: 0.1281

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3300.00
  • Fuel Expense: 912.00
  • Gross Income: 84300.00
  • Gross Multiplier: 14.10
  • Gross Operating Income: 81825.00
  • Gross Scheduled Income: 84300.00
  • Insurance Expense: 2003.00
  • Laundry Income: 1800.00
  • Lot Size Area: 5578.0000 Square Feet
  • Net Operating Income: 57963.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 26337.00
  • Rent Control: Yes
  • Total Actual Rent: 6875.00
  • Total Expenses: 26337.00

Tax Info

  • New Taxes Expense: 14862.00
  • Tax Lot: 162
  • Tax Tract Number: 7845
  • TaxOtherAnnualAssessmentAmount: 824.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,572 $964,920 $334,654 $630,266
2024 $12,572 $946,001 $328,093 $617,908
2023 $12,364 $927,453 $321,660 $605,793
2022 $11,615 $909,268 $315,353 $593,915
2021 $11,372 $891,440 $309,170 $582,270
2019 $5,239 $371,436 $167,507 $203,929
2018 $5,009 $364,154 $164,223 $199,931
2016 $4,585 $350,015 $157,847 $192,168
2015 $4,411 $344,758 $155,476 $189,282
2014 $4,395 $338,006 $152,431 $185,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2026 01/23/26 Price Changed $1,135,000 -4.5% $267 / Sq Ft
11/24/2025 11/24/25 For Sale $1,189,000 +37.5% $280 / Sq Ft
04/16/2019 04/16/19 Sold $865,000 -3.8% $204 / Sq Ft View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $899,000 -- $212 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $865,000 North American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,750 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25264787

California Regional Multiple Listing Service (CRMLS)

APN: 7114-013-051

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