Property Details
About this Property
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!
MLS Listing Information
MLS #
CRSB25172724
MLS Source
California Regional MLS
Days on Site
23
Interior Features
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Fireplace
None
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Pool
None
Parking, School, and Other Information
Garage/Parking
No Parking, Off-Street Parking, Garage: 0 Car(s)
Elementary District
Long Beach Unified
High School District
Long Beach Unified
HOA Fee
$0
Zoning
LBCO
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
801 Atlantic Ave is a Quadruplex in Long Beach, CA 90813. This 3,312 square foot property sits on a 3,001 Sq Ft Lot and features 10 bedrooms & 4 full bathrooms. It is currently priced at $1,389,000 and was built in 1914. This address can also be written as 801 Atlantic Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of August 01, 2025. For the most current information, please contact Christopher Crosby
