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1844 Atlantic Avenue, Long Beach, CA 90806

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For Sale

$995,000

8 beds • 5 baths • 3,429 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $290.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Incredible mixed use building that is cash flowing at a current GRM of 9.6 and cap rate of 7.5%. Seller carry financing may be available with 50%+ down. Tons of upside potential for all of the retail units, or an excellent opportunity for a owner-user purchase. Tenants are paying on-time and consistently. Prime retail location on Atlantic Ave with 30,000+ vehicles passing each day. Recently updated garage roof, painting, and plumbing. This low expense building is a cash cow and a great opportunity for a savvy investor.
MLS# SB24225878

Courtesy Of Buckingham Investments, Inc.

(310) 982-7055

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 1844 Atlantic Avenue, Long Beach, CA 90806

Home seller CENTURY 21 On Target

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CENTURY 21 On Target

(562) 431-2011
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Mortgage Calculator

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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