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5497 Orange Ave
Long Beach, CA 90805 Bixby Knolls

$1,095,000 USD

Apartments For Sale  •  8,841 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,315 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 4.53 %
  • Zoning Multifamily
39 Transit Score
82 Walk Score

Highlights

Garden-style community featuring a two-story walk-up design with partial single-story construction, situated in the desirable Long Beach rental market
All units are separately metered for gas and electricity, and conveniently include gas wall heaters, as well as gas stovetop ranges and ovens.
The building offers gated pedestrian access, pitched composition shingle roofs, garage parking, additional street parking, and a community laundry roo
Prime City of Long Beach rental location at Orange Avenue and Market Street, near Long Beach Airport, Virginia Country Club, Long Beach Exchange, Skyl
Centrally located between the 91, 405, and 710 Freeways, and surrounded by a variety of shopping centers, employment opportunities, and entertainment

Property Flyers

Financial Summary (Actual)

Net Operating Income: $49,568 USD (2025)
Cap Rate: 4.53 %
Total Expenses: $28,296 USD

Amenities

  • 24 Hour Access
  • Disposal
  • Fenced Lot
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Ceiling Fans
  • Kitchen
  • Oven
  • Range
  • Online Services
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 7 min - 3.7 mi
Los Angeles International 29 min - 19.7 mi
John Wayne/Orange County 33 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews