1844 Atlantic Avenue Long Beach, CA $ 1,250,000
1844 Atlantic Avenue
$ 1,250,000
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1844 Atlantic Avenue

Long Beach, CA, 90806
$ 1,250,000
Baths1.0 Sq 4,554

Monthly Estimate*

$ 7,798

Listed by Keller Williams South Bay
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 1
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 2
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 3
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 4
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1844 Atlantic Avenue, Long Beach, CA 90806 - Image 9
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 10
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 11
1844 Atlantic Avenue, Long Beach, CA 90806 - Image 12
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,250,000 with 1 full bath. This 4,554 square foot home was built in 1920 on a lot size of 0.1123.

Presenting a remarkable opportunity to acquire a robust commercial/residential mixed-use property situated in a highly desirable 1844 Atlantic Ave in Long BEach. This meticulously configured asset comprises six total units: three income-generating street-level commercial storefronts and three back-end residential units. Offering immediate stability and strong returns, the property currently boasts an impressive 11.44 Gross Rent Multiplier (GRM) and an attractive 8.4% Capitalization Rate (Cap Rate). With five out of six units tenant occupied, the diversified income stream provides opportunity for maximum upside potential, or opportunity to live/rent. Don't miss out on this incredible investment opportunity. Contact the listing agent today to request the full financial package and schedule a private showing; do not disturb the current tenants.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1123

Year Built

1920

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB25268211

Days on Market

20

Features
General
Sewer Public Sewer
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1920
Tenant Pays All Utilities
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 106000
Operating Expense 3200
Insurance Expense 2000
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Poly High (PH)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North East side of PCH and Atlantic
City Long Beach
Entry Location east
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 6
MLS Area 9 - Poly High
Lot Size Units Square Feet
Lot Size Square Feet 4890
Number of Units Leased 5
Listing Terms Cash Cash to Existing Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 1
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Parking Features On Street
Lot Features No Landscaping Street Level
Water Source Public
Total Parking 2
Lot Size Area 4890
Number of Buildings 3
Building Area Total 4554
Lot Size Acres 0.1123
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Keller Williams South Bay

Broker

lianne.gallardo@gmail.com

Email

Affordability Calculator

$7,798
Per Month
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Monthly Principal & Interest
$7,798
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$1,250,000 Listed Price

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1844 Atlantic Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,250,000 with 4,554 sqft and a lot size of 0.1123. 1844 Atlantic Avenue is a studio with 1.0 baths and was built in 1920. The property's zip code is 90806 which is in Long Beach, CA