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$995,000
21 Days On Site

1844 Atlantic Avenue
Long Beach, CA 90806

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
3,429
SqFt
$290
/SqFt
1920
Built
Subdivision:
Poly High (PH)
County:
Los Angeles
Listed by Malcolm Zeger of Buckingham Investments, Inc [email protected]

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1844 Atlantic Avenue1844 Atlantic Avenue1844 Atlantic Avenue1844 Atlantic Avenue
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Incredible mixed use building that is cash flowing at a current GRM of 9.6 and cap rate of 7.5%. Seller carry financing may be available with 50%+ down. Three retail units in front, residential in the back. Tons of upside potential for all of the retail units, or an excellent opportunity for a owner-user purchase. Tenants are paying on-time and consistently. Prime retail location on Atlantic Ave with 30,000+ vehicles passing each day. Recently updated garage roof, painting, and plumbing. This low expense building is a cash cow and a great opportunity for a savvy investor.

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Listing Snapshot
Price 
$995,000
Days On Site 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,429 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1123 Acres
Year Built 
1920
MLS® Number 
SB24225878
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.1123
Number Of Stories 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3429
Water Source 
Public
Zoning 
LBPD25
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Building Access 
First Floor
Financing Terms Available 
CashOwner May Carry
MLS Area 
9 - Poly High


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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