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6060 Atlantic
For Sale $3,395,000
$3,395,000
- 12 Units
- Unknown Sq Ft
- 9,180 Sq Ft
- Unknown Cap Rate
Description
6068 Atlantic Avenue is a fully renovated turnkey 12-unit apartment community located along the rapidly evolving Atlantic Avenue corridor in Long Beach, an area experiencing significant public and private redevelopment investment. This turnkey asset offers investors immediate cash flow at an attractive 7.14% cap rate from day one.
The property consists of two buildings and features a unit mix of twelve one-bedroom/one-bath units, including four newly converted retail-to-residential units, and two brand-new attached ADUs. Each unit was fully vacated, extensively renovated, and repositioned to achieve market rents, minimizing near-term capital requirements.
Recent upgrades include new electrical and plumbing systems, dual-pane windows, modernized interiors and exteriors, and individual water heaters for each unit. The property is separately metered for gas and electricity, helping to reduce operating expenses.
Additionally, preliminary plans to construct eight one-bedroom ADUs in the rear parking area present a compelling value-add opportunity to substantially boost the asset’s revenue. Buyer to verify ADU potential.
This offering combines stable in-place income with meaningful upside in one of Long Beach’s targeted growth corridors.
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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 | $3,395,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1946 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7124016005 |
| MLS # | PW26097416 |
| Property ID | 322819717 |
| Lot Sqft | 9,180 |
| Zoning | Unknown |
| Total Units | 12 |
| Days on Market | 21 |
| Original List Price | $3,395,000 |
| Date Updated | May 19, 2026 |
| Date Created | May 05, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Steven Bogoyevac an agent of . Lic #01332755
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 19, 2026 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