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801 Atlantic Avenue, Long Beach, CA 90813

Show All 21 Photos
For Sale

$1,475,000

10 beds4 baths3,312 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

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

  • $445.35
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 801 Atlantic Ave, Long Beach, CA a stunningly renovated 4-unit multifamily property perfect for both investors and owner-occupants. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5.0% cap rate, and an 8% upside in rents. Additionally, unit 807 (3bd 1ba) and unit 803 (2bd 1ba) will be available at close of escrow, ideal for an owner-occupant or investor to select their tenant and capture market rent!
MLS# SB24159267

Courtesy Of Buckingham Investments, Inc.

(310) 982-7055

Open Houses

November

2

Saturday

In Person

Saturday, November 2, 2024

10:00AM - 1:00PM

November

3

Sunday

In Person

Sunday, November 3, 2024

10:00AM - 1:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    None

Home seller CENTURY 21 Classic Estates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Classic Estates

(562) 865-2992
Learn More About Us

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