801 Atlantic Avenue, Long Beach, CA 90813

Local realty services provided by:ERA Donahoe Realty
#1#2#3
801 Atlantic Avenue,Long Beach, CA 90813
$1,389,000
  • 10 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:christopher crosby
Office:buckingham investments, inc
MLS#:SB25164581
Source:SANDICOR

Price summary

  • Price:$1,389,000

About this home

4 renovated units located in downtown Long Beach, with gross scheduled rents over $110,000 per year! 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!! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. 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 property is individually metered for gas and electricity. Reach out today!

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Home facts

  • Listing Id #:SB25164581
  • Added:20 day(s) ago
  • Updated:August 14, 2025 at 02:02 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,389,000
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