CA > Long Beach > Downtown (Dt)
Long Beach, CA 90813,801 Atlantic AVE
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Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
Long Beach, CA 90813,801 Atlantic AVE
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Amy Saflar

Amy Saflar

+1(619) 991-9291
$ 1,389,000
Est. payment /mo
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801 Atlantic AVE Long Beach, CA 90813

10 Beds

4 Baths

3,312 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,312 sqft

Price per Sqft $419

Subdivision Downtown (Dt)

MLS Listing ID SB25172724

Bedrooms 10

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1914

Lot Size 3,001 Sqft

Property Sub-Type Quadruplex

Property Description

4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110,000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-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! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property is individually metered for gas and electricity. Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! Reach out today!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCO

Rooms

Main Level Bedrooms 6

Interior

Interior Features Quartz Counters, Unfurnished, Bedroom on Main Level, Main Level Primary

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features None, On Street

Pool None

Community Features Urban

View Y/N No

View None

Roof Type Flat

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7274016016

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Christopher Crosby Buckingham Investments, Inc 650-549-4849
agent

Amy Saflar

Broker Associate | License ID: 01238780

+1(619) 991-9291

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801 Atlantic AVE