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$1,250,000
1 Day On Site

1844 Atlantic Avenue
Long Beach, CA 90806

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,554
SqFt
$274
/SqFt
1920
Built
Subdivision:
Poly High (PH)
County:
Los Angeles
Listed by Lianne Gallardo of Keller Williams South Bay [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (562) 754-5037
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(562) 754-5037
1844 Atlantic Avenue1844 Atlantic Avenue1844 Atlantic Avenue1844 Atlantic Avenue
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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.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
4,554 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1123 Acres
Year Built 
1920
MLS® Number 
SB25268211
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.1123
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
On Street
Parking Spaces 
2
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4554
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Building Access 
east
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
9 - Poly High


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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