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Listed by Ruby Madrid • RE/MAX Dynasty
$ 3,200,000
Est. payment /mo
Active
1101 Atlantic Avenue Long Beach, CA 90813
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW-25172514
Year Built 1942
Property Sub-Type Multi Family
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
Area 3 - Eastside, Circle Area
Interior
Laundry See Remarks
Exterior
Utilities Available Sewer Available, Sewer Connected, Water Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected
Building
Lot Description Level, Near Public Transit, Paved, Corner Lot, 6-10 Units/Acre
Others
Virtual Tour https://www.wellcomemat.com/mls/54fbe9c078321m9c9