$995,000
- Beds
- Unknown
- sq ft
- Unknown
1844 Atlantic Ave, Long Beach, CA 90806
1844 Atlantic Ave
Long Beach, CA 90806
- 20 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 #SB24225878
Listed
$995,000
Schools & Community
Neighborhood:
Poly High District
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/21/2024 at 2:30 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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