2391 Atlantic Avenue Long Beach, CA 90806

$1,750,000
2391 Atlantic Avenue, Long Beach, CA 90806
PW18085944

Commercial Property for sale in Long Beach, CA

for $1,750,000. The lot size is 5971.00 Sqft..

Property Information

  • $1,750,000
  • Commercial
  • Mixed Use
  • Active
  • Lot size of 5971.00 Sqft.
  • Long Beach, CA
  • Poly High Neighborhood
  • Los Angeles County
  • MLS/Web ID is PW18085944

Description

****FULLY OCCUPIED, SIX-UNIT COMMERCIAL/APARTMENT BUILDING + AT&T CELL PHONE TOWER RENTAL FOR SALE*** 1 LIQUOR STORE + 1 SEPARATE TWO BEDROOM/ 1 BATH HOUSE + 4(SINGLE UNIT APARTMENTS ON A HIGHLY VISIBLE MAJOR STREET!!! ***OVER 10, 000 CARS PASS-BY IN ONE DAY!! THE ENTIRE PROPERTY WAS RENOVATED TWO YEARS AGO. COMMERCIAL BUILDING IS LOCATED BETWEEN ATLANTIC AVENUE AND E. BURNETT STREET IN A PROMINENT LONG BEACH AREA. PROPERTY HAS GREAT UPSIDE INCOME. THIS BUILDING HAS ITS OWN PARKING AT THE REAR OF THE BUILDING. GREAT INVESTMENT OPPORTUNITY. HERE IS THE BREAKDOWN OF THE RENTAL UNITS: 2391 ATLANTIC AVENUE LONG BEACH, CA 90806 *JOE'S LIQUOR: $ 3, 000.00 /MONTH, *AT&T CELL TOWER: $2, 073.89 /MONTH, *SINGLE UNIT HOUSE: $ 1, 055.00 /MONTH *APARTMENT#1: $ 1, 000.00 /MONTH, *APARTMENT#2: $870.00 / MONTH, *APARTMENT #3: $920.00 /MONTH, *APARTMENT #4: $765.00 /MONTH. TOTAL MONTHLY INCOME IS AT $9, 683.89 /MONTH. A GREAT RENTAL PROPERTY AT A BARGAIN PRICE. A TRUE MUST SEE, DON'T MISS OUT ON THIS ONE! THANKS. *VALUE OF THE AT&T CELL TOWER ITSELF $400K+ (MULTIPLE OFFERS BY ITSELF!!) *WON'T BE SOLD SEPARATELY!

Interior 1

Water Source

  • Public Water

† Excluded Feature

Listed By

Broker: LEADER ONE REALTY

2391 Atlantic Avenue, Long Beach, CA, 90806 is a Commercial Property for sale at $1,750,000 with a lot size of 5971.00 Sqft.. 2391 Atlantic Avenue has 0.0 baths. The property's zip code is 90806 which is in Long Beach, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Long Beach $994,667 43 % below $739,000 58 % below
Commerical listings in Long Beach $1,059,186 39 % below $700,000 60 % below

Get the facts about Long Beach, CA!

Population 472,821
Population Growth (since 2000) 2 %
Median Income $55,472
Median Age 34.78
Households w/ Children 31 %

Residential Dwellings

  • Owned 69941
  • Vacant 11388
  • Rented 97481

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