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$ 3,200,000
Est. payment /mo
Active
1101 Atlantic Avenue Long Beach, CA 90813
5,356 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,356 sqft
Price per Sqft $597
MLS Listing ID CRDW25172514
HOA Y/N No
Year Built 1942
Lot Size 5,813 Sqft
Acres 0.13
Property Sub-Type Comm Ind For Sale
Property Description
Rare Long Beach Investment Portfolio – 2 Parcels | 10 Units + Billboard Prime investor opportunity with 2 adjacent parcels on a high-traffic corner. Includes a 9-unit multifamily (approx. 4,220 SF, built 1942) and a 3 bed, 2 bath SFR (approx. 1,136 SF, built 1913) on a 5,982 SF lot. Strong rental demand area with long-term tenants and value-add potential through unit upgrades or redevelopment (buyer to verify with city). Bonus on-site billboard offers rare passive income stream (buyer to verify use/income). Located near downtown, hospitals, and transit. Zoning may support future mixed-use or higher density (buyer to verify). Ideal for 1031 exchange, cash flow investors, or long-term hold with upside.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Other, Cable Available, Cable Connected
Building
New Construction No
Others
Tax ID 7274001026
Virtual Tour https://www.wellcomemat.com/mls/54fbe9c078321m9c9
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Listed by Ruby Madrid • RE/MAX Dynasty