USACALong BeachDowntown (Dt)801 Atlantic Ave
801 Atlantic Ave, Home with 10 bedrooms, 4 bathrooms and null parking in Long Beach CA | Image 1
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$1,389,000

801 Atlantic Ave, Long Beach, CA

Real Estate

For Sale

$--,---,---
1040
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 3312 sqft
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 1914
Avg. Price Per Sqft $419
MLS® Number SB25172724

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110, 000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-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! The current owners have invested over $150, 000 into property improvements, making it perfect for a turnkey investor. The property is individually metered for gas and electricity. Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! Reach out today!Show Description
MLS® NumberSB25172724
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.0689
Exterior
GarageNo
Approx. Age1914
Basement
DrivewayNone, On Street
Garage Spaces
HeatWall Furnace
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:Not available
Bedroom 1:Not available

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