1844 Atlantic Avenue, Long Beach, CA 90806
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:SB25268211
- Added:45 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
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