Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in… Read More one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation. Read Less
Property listed by Douglas Elliman, Laura Milshteyn 310-595-3888
Listing Snapshot
Days Online
91
Last Updated
Property Type
Other
Beds
6
Square Ft.
4,222
Lot Size
0.11 Acres
Year Built
1920
MLS Number
25507045
Additional Details
Appliances & Equipment
Disposal, Refrigerator
Building
Built in 1920, Building area total: 4,222, Levels: One, Living area: 4222, 1 story, 2 buildings
Cooling
WallWindowUnits
Floors
Wood
Garage
1 space
Heating
WallFurnace
Income
Gross income: $153,600, Net operating income: $110,289
Lot
0.1148 acres, 5,001 square feet, Size: 5,001
Parking
1 total parking, DoorSingle, Garage
Property
Zoning: LBCO, CityLights
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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