Long Beach, CA 90813,801 Atlantic Avenue
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Long Beach, CA 90813,801 Atlantic Avenue
Long Beach, CA 90813,801 Atlantic Avenue
Long Beach, CA 90813,801 Atlantic Avenue
Long Beach, CA 90813,801 Atlantic Avenue
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Listed by Christopher Crosby • Buckingham Investments, Inc
$ 1,389,000
Est. payment /mo
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Active

801 Atlantic Avenue Long Beach, CA 90813

10 Beds

4 Baths

3,312 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,312 sqft

Price per Sqft $419

MLS Listing ID CRSB25172724

Bedrooms 10

Full Baths 4

HOA Y/N No

Year Built 1914

Lot Size 3,001 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property 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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

View None

Private Pool false

Building

Story 2

Water Public

Schools

School District Long Beach Unified


Bay East AOR and Contra Costa AOR
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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