CA > Long Beach > Poly High (Ph)
Long Beach, CA 90806,1844 Atlantic AVE
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Long Beach, CA 90806,1844 Atlantic AVE
Long Beach, CA 90806,1844 Atlantic AVE
Long Beach, CA 90806,1844 Atlantic AVE
Long Beach, CA 90806,1844 Atlantic AVE
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SimpliHOM - Making Real Estate Simple

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1844 Atlantic AVE Long Beach, CA 90806

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID SB25268211

HOA Y/N No

Year Built 1920

Property Sub-Type Mixed Use

Property Description

Presenting a remarkable opportunity to acquire a robust commercial/residential mixed-use property situated in a highly desirable 1844 Atlantic Ave in Long BEach. This meticulously configured asset comprises six total units: three income-generating street-level commercial storefronts and three back-end residential units. Offering immediate stability and strong returns, the property currently boasts an impressive 11.44 Gross Rent Multiplier (GRM) and an attractive 8.4% Capitalization Rate (Cap Rate). With five out of six units tenant occupied, the diversified income stream provides opportunity for maximum upside potential, or opportunity to live/rent. Don't miss out on this incredible investment opportunity. Contact the listing agent today to request the full financial package and schedule a private showing; do not disturb the current tenants.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Laundry None

Exterior

Parking Features On Street

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description No Landscaping, Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7210016014

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Lianne Gallardo Keller Williams South Bay 310-918-0020
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1844 Atlantic AVE

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