1844 Atlantic Avenue, Long Beach, CA 90806

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1844 Atlantic Avenue,Long Beach, CA 90806
$1,250,000
  • - Beds
  • - Baths
  • 4,554 sq. ft.
  • Multi-family
  • Active
Listed by: lianne gallardo
Office: keller williams south bay
MLS#:SB25268211
Source:CRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$274.48

About this home

Presenting a remarkable opportunity to acquire a robust commercial/residential mixed-use property situated in a highly desirable 1844 Atlantic Ave in Long BEach. This meticulously configured asset comprises six total units: three income-generating street-level commercial storefronts and three back-end residential units. Offering immediate stability and strong returns, the property currently boasts an impressive 11.44 Gross Rent Multiplier (GRM) and an attractive 8.4% Capitalization Rate (Cap Rate). With five out of six units tenant occupied, the diversified income stream provides opportunity for maximum upside potential, or opportunity to live/rent. Don't miss out on this incredible investment opportunity. Contact the listing agent today to request the full financial package and schedule a private showing; do not disturb the current tenants.

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Home facts

  • Year built:1920
  • Listing ID #:SB25268211
  • Added:60 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Rooms and interior

  • Living area:4,554 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:4,554 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$274.48
Based on information from California Regional Multiple Listing Service, Inc. as of January 30, 2026 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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