6060 Atlantic, Long Beach, CA 90805

Long Beach
Local realty services provided by:ERA Excel Realty
6060 Atlantic,Long Beach, CA 90805
$3,395,000
  • - Beds
  • - Baths
  • 6,966 sq. ft.
  • Multi-family
  • Active
Listed by: steven bogoyevac
Office: steven m. bogoyevac, broker562-436-5800
MLS#:PW26097416
Source:CRMLS

Price summary

  • Price:$3,395,000
  • Price per sq. ft.:$487.37

About this home

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...

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Home facts

  • Year built:1946
  • Listing ID #:PW26097416
  • Added:1 day(s) ago
  • Updated:May 06, 2026 at 10:36 AM

Rooms and interior

  • Living area:6,966 sq. ft.

Structure and exterior

  • Year built:1946
  • Building area:6,966 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,395,000
  • Price per sq. ft.:$487.37

Parking

  • Total parking spaces:8
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