CA > Long Beach > Downtown (Dt)
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
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REMAX Coastal Homes

REMAX Coastal Homes

+1(949) 276-2992
$ 1,435,000
Est. payment | /mo

3,001 Sqft Lot

Save
$ 1,435,000
Est. payment | /mo
Save

3,001 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID SB24159267

HOA Y/N No

Year Built 1914

Lot Size 3,001 Sqft

Property Sub-Type Quadruplex

Property Description

$40,000 Price Reduction & Fully Leased!! Attractively priced at 12.9 GRM, a 5.1% cap rate with upside, and gross scheduled rents of $111,360 per year. 801 Atlantic Ave, Long Beach is a beautifully renovated 4-unit multifamily property perfect for turnkey investors. 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!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCO

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7274016016

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Christopher Crosby • Buckingham Investments, Inc • 650-549-4849
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+1(949) 276-2992

info@remaxcoastalhomes.com

United States

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801 Atlantic AVE