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801 Atlantic Ave
Long Beach, CA 90813 Long Beach: Downtown

$1,475,000 USD

Apartments For Sale  •  3,212 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,212 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1914
  • Zoning MF
72 Transit Score
90 Walk Score

Highlights

All 4 units have been meticulously renovated in 2023
2 units vacant -- Move-in or hand select your tenants!
Major Cap Ex Improvements (Roof, Electrical System, etc)
Attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units
Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5.0% cap rate, and an 8% upside in rents.

Property Flyers

Amenities

  • Quartz Countertops

Public Transportation

Transit/SubwayDriveWalkDistance
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 8 min 0.4 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 11 min 0.6 mi
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.8 mi
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.4 mi
John Wayne/Orange County 31 min - 20.9 mi
Los Angeles International 32 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Chris Crosby 650-549-4849 Buckingham Investments
Chris Crosby 650-549-4849 Buckingham Investments