6552 Orange, Long Beach, California 90805, Long Beach, 90805 - bed, bath

6552 Orange, Long Beach, California 90805 home-pic-0
ACTIVE$1,189,000
6552 Orange, Long Beach, California 90805
0Bed
0Bath
4,250Sqft
5,578Lot
Year Built
1981
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$280
HOA
-
Days on market
-
Sold On
-
MLS number
PW25264787
Home ConditionFair
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.19M(77th), sqft - 4250(87th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
11/24/25
Listing
$1,189,000
04/16/19
Sold
$865,000
Condition Rating
Fair

Built in 1981, this property is over 40 years old. While the exterior appears well-maintained and a section of the roof was recently replaced, there are no interior images to assess the condition of the kitchens, bathrooms, flooring, or appliances. Given the age, it's highly probable that these interior components are original or have only received minor updates, making them outdated in style and functionality. The property analysis also notes the 'Age of Building Systems' as a weakness, suggesting major systems may be nearing their end-of-life. It is functional and income-producing, but likely requires significant interior updates to meet current quality standards.
Pros & Cons

Pros

Immediate Cash Flow: The property is a fully leased, income-producing quadruplex, offering immediate cash flow to the investor.
Significant Development Potential: The expansive parking area provides potential to add up to four Accessory Dwelling Units (ADUs), offering substantial future value appreciation and increased rental income.
Well-Maintained & Recent Upgrades: Described as well-maintained with excellent curb appeal and a recently replaced section of the roof, indicating pride of ownership and reduced immediate capital expenditures.
Ample On-Site Parking: Features 11 on-site parking spaces, a highly desirable amenity for multi-unit properties, enhancing tenant convenience and property value.
Diverse Unit Mix & Spacious Layouts: Comprises a desirable mix of 3-bed, 2-bed, and studio units with spacious floor plans and an ideal upstairs/downstairs layout, appealing to a broad tenant base.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5578, other record lot size in square feet = 5506.
Age of Building Systems: Built in 1981, while well-maintained, major building systems (e.g., plumbing, electrical, HVAC) may be original or nearing end-of-life, potentially requiring future capital investment.
ADU Potential Contingency: The potential for ADU development is subject to buyer verification with the City, introducing uncertainty, time, and cost in realizing this value-add opportunity.
Lack of Specified Cooling System: The property description does not mention any cooling systems (e.g., air conditioning), which could be a drawback for tenant comfort and retention in warmer climates.

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