PRICE $1,435,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,312 sqft
LOT SIZE 3,002 sqft

$40,000 Price Reduction & Fully Leased!! Attractively priced at 12.9 GRM, a 5.1% cap rate with upside, and gross scheduled rents of $111,360 per year. 801 Atlantic Ave, Long Beach is a beautifully renovated 4-unit multifamily property perfect for turnkey investors. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-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!

DAYS ON MARKET 200 LAST UPDATED 2/20/2025
TRACT Downtown (DT) YEAR BUILT 1914
COMMUNITY Downtown Area, Alamitos Beach COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jan 22, '25 $1,475,000
Jan 22, '25 - Today $1,435,000


ADDITIONAL DETAILS
AIR None
AREA Downtown Area, Alamitos Beach
HEAT Wall Furnace
LOT 3001 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Downtown (DT)
WATER Public
ZONING LBCO
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Buckingham Investments, Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/25 9:13 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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