801 Atlantic Avenue, Long Beach Property Listing: MLS® #SB25164581

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!

801 Atlantic Avenue, Long Beach Property Listing: MLS® #SB25164581 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SB25164581
  • 801 Atlantic Avenue
  • Long Beach, CA 90813
  • $1,389,000
  • 10 Beds, 4 Bath, 0.07 Acres
  • Office: Buckingham Investments, Inc

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!

Supplemental Remarks

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Essential Information

  • MLS® #SB25164581
  • Listing Price$1,389,000
  • Date ListedJuly 22nd, 2025
  • Days on Market2
  • Bedrooms10
  • Bathrooms4.00
  • Acres0.07
  • Lot Sq.Ft.3,001
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$1

Community Information

  • Address801 Atlantic Avenue
  • AreaLONG BEACH (90813)
  • CityLong Beach
  • CountyLos Angeles
  • StateCA
  • Zip Code90813

Amenities

  • PoolN/K

Interior

  • CoolingN/K
  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionCurbs,Sidewalks
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Listing information last updated on September 7th, 2025 at 8:04am PDT.