1 of 21
Tools
Size
10
Bedrooms
4
Full Baths
3,312 Sq Ft.
interior
0.07 Acres
Exterior
Financial
$1,490,000
Change Currency
$450
Price Per Sqft
Listing Details
Quadraplex
Property type
1914
Year Built
12586245
Web Id
SB24159267
MLS ID
61
Days Posted
Description
801 Atlantic Avenue,
Long Beach,
CA
90813
Long Beach, CA 90813
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 13.16 GRM, a 5.0% cap rate, and an 7% 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!
This is an Active listing.
Broker Office Phone Number: 310-982-7055
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-982-7055
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | price | variance | type |
---|---|---|---|
10/2/2024 | $1,490,000 | 0.33 % | decreased |
8/6/2024 | $1,495,000 | - | Listed |
Listing By: Buckingham Investments, Inc via Data Source: California Regional Multiple Listing Service, Inc
listing agent: Christopher Crosby