6068 Atlantic Avenue, Long Beach, CA 90805

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
6068 Atlantic Avenue,Long Beach, CA 90805
$3,395,000
  • 12 Beds
  • 12 Baths
  • 6,966 sq. ft.
  • Multi-family
  • Active
Listed by: julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26844723
Source:CRMLS

Price summary

  • Price:$3,395,000
  • Price per sq. ft.:$487.37

About this home

Huge 500k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.3% Cap Rate, 7.6 GRM, and 207k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets,...

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Home facts

  • Year built:1946
  • Listing ID #:26844723
  • Added:1 day(s) ago
  • Updated:June 09, 2026 at 12:06 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Kitchen Description:Refrigerator
  • Living area:6,966 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1946
  • Building area:6,966 sq. ft.
  • Lot area:0.21 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$3,395,000
  • Price per sq. ft.:$487.37

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:13
  • Parking description:Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of June 9, 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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