801 Atlantic Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
801 Atlantic Avenue,Long Beach, CA 90813
$1,389,000
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:christopher crosby
Office:buckingham investments, inc
MLS#:SB25164581
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,389,000
About this home
4 renovated units located in downtown Long Beach, with gross scheduled rents over $110,000 per year! Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! The property is individually metered for gas and electricity. Reach out today!
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Home facts
- Listing ID #:SB25164581
- Added:67 day(s) ago
- Updated:October 01, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
Finances and disclosures
- Price:$1,389,000
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