1844 Atlantic Avenue, Long Beach, CA 90806

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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:1 day(s) ago
  • Updated:December 02, 2025 at 11:26 AM

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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