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Listed by Christopher Crosby • Buckingham Investments, Inc
$ 1,435,000
Est. payment /mo
Active
801 Atlantic Avenue Long Beach, CA 90813
10 Beds
4 Baths
3,312 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $433
Subdivision Downtown
MLS Listing ID SB-25072373
Bedrooms 10
Full Baths 4
Year Built 1914
Lot Size 3,001 Sqft
Property Sub-Type Quadruplex
Property Description
Looking for a cash-flowing, TURNKEY 4-plex just 1 mile from the beach? Welcome to 801 Atlantic Ave in Long Beach! The current owners have invested nearly $200,000 in upgrades, and the property is fully rented, with tenants in all 4 units generating over $100,000/year in rental income. The property features an attractive unit mix of (2) 2-bedroom, 1-bath units and (2) 3-bedroom, 1-bath units. Each of the 4 units has been meticulously renovated in 2023, including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heaters, sinks, appliances, blinds, and fresh paint. The property also boasts a completely upgraded electrical system, including a full re-wire, new main service panel, and sub-panels, as well as a 2024 silicone white roof. This is a prime opportunity for investors -- reach out today!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry None
Exterior
Pool None
Community Features Curbs, Sidewalks, Street Lights, Urban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944