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1844 Atlantic Ave
For Sale $1,250,000
$1,250,000
- 6 Units
- Unknown Sq Ft
- 4,890 Sq Ft
- Unknown Cap Rate
Description
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,250,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7210016014 |
| MLS # | SB25268211 |
| Property ID | 322423173 |
| Lot Sqft | 4,890 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 5 |
| Original List Price | $1,250,000 |
| Date Updated | December 03, 2025 |
| Date Created | December 01, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Lianne Gallardo an agent of . Lic #01965012
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 03, 2025 The information being 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.
Robert Crawford
REAL ESTATE AGENT