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$995,000

Beds
Unknown
sq ft
Unknown

1844 Atlantic Ave, Long Beach, CA 90806

1844 Atlantic Ave

Long Beach, CA 90806

  • 4 days on market
Incredible mixed use building that is cash flowing at a current GRM of 9.6 and cap rate of 7.5%. Seller carry financing may be available with 50%+ down. Three retail units in front, residential in the back. Tons of upside potential for all of the retail units, or an excellent opportunity for a owner-user purchase. Tenants are paying on-time and consistently. Prime retail location on Atlantic Ave with 30,000+ vehicles passing each day. Recently updated garage roof, painting, and plumbing. This low expense building is a cash cow and a great opportunity for a savvy investor.

Details

Property type

Mixed Use

Lot size

4,890 sq ft

Price per sq ft

Unknown

Year built

1920

Price History

11/01/2024
CRMLS

CRMLS #SB24225878

Listed
$995,000

Schools & Community

Neighborhood: 

Poly High District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/05/2024 at 1:15 PM

Listing updated: 11/05/2024 at 11:05 AM

Listed by: Malcolm Zeger, Buckingham Investments, Inc Phone #: (310) 982-7055

MLS: CRMLS #SB24225878

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