801 Atlantic AVE new

Long Beach,CA 90813

$ 1435000

10 Beds

4 Baths

3312 SqFt


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 (Dt)

MLS Listing ID SB25072373

Bedrooms 10

Full Baths 4

HOA Y/N No

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

Rooms

Main Level Bedrooms 6

Interior

Interior Features Bedroom on Main Level,Main Level Primary

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs,Street Lights,Sidewalks,Urban

View Y/N No

View None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7274016016

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

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

Special Listing Condition Standard

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