1844 Atlantic Avenue, Long Beach, CA 90806

  • $1,250,000
1844 Atlantic Avenue, Long Beach, CA 90806
Active
1844 Atlantic Avenue, Long Beach, CA 90806
1844 Atlantic Avenue, Long Beach, CA 90806
  • $1,250,000

Description

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.

  • Address 1844 Atlantic Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Country US

Details

Updated on December 3, 2025 at 6:20 pm
  • Property ID: SB25268211
  • Price: $1,250,000
  • Property Size: 4554 Square Feet
  • Land Area: 0.1123 Acres
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman