6064 Atlantic Avenue Long Beach, CA $ 3,575,000
6064 Atlantic Avenue
$ 3,575,000
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6064 Atlantic Avenue

Long Beach, CA, 90805
$ 3,575,000
Baths0.0 Sq 6,966

Monthly Estimate*

$ 22,303

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Studio

Multi-Family Home for sale in Long Beach, CA

for $3,575,000. This 6,966 square foot home was built in 1946 on a lot size of 0.21.

Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 6.75% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10% Cap Rate, 7.7 GRM, and 211k/unit after taking into account all construction costs (~660k assuming $200/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

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Multi-Family Active

Price

$ 3,575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1946

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025625353

Features
General
Living Area 6966.0
Heating Wall Furnace
Zoning LBCNA
Year Built 1946
Levels Multi/Split
County Los Angeles
Net Operating Income 241350.0
New Construction No
Property Type C
HOA No
Status Active
City Long Beach
Senior Community Y/N No
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 9180.0
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s)
Kitchen Appliances Refrigerator
Total Stories 2
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Uncovered
Lot Size Area 9180.0
Pool Y/N? Yes
Building Area Total 6966.0
Lot Dimensions 80x115
Lot Size Acres 0.21
Land Lease Type Fee
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* Excluded Features
List By
Julio Ruiz

Listing Agent

Global Platinum Properties, Inc.

Broker

Affordability Calculator

$22,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,303
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$3,575,000 Listed Price

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6064 Atlantic Avenue, Long Beach, CA, 90805 is a Multi-Family Home for sale at $3,575,000 with 6,966 sqft and a lot size of 0.21. 6064 Atlantic Avenue is a studio with 0.0 baths and was built in 1946. The property's zip code is 90805 which is in Long Beach, CA