Long Beach, CA 90806 1967 Atlantic Avenue

1967 Atlantic Avenue Long Beach, Ca - Image 11967 Atlantic Avenue Long Beach, Ca - Image 21967 Atlantic Avenue Long Beach, Ca - Image 3
51 more
1967 Atlantic Avenue Long Beach, Ca - Image 41967 Atlantic Avenue Long Beach, Ca - Image 51967 Atlantic Avenue Long Beach, Ca - Image 61967 Atlantic Avenue Long Beach, Ca - Image 71967 Atlantic Avenue Long Beach, Ca - Image 81967 Atlantic Avenue Long Beach, Ca - Image 91967 Atlantic Avenue Long Beach, Ca - Image 101967 Atlantic Avenue Long Beach, Ca - Image 111967 Atlantic Avenue Long Beach, Ca - Image 121967 Atlantic Avenue Long Beach, Ca - Image 131967 Atlantic Avenue Long Beach, Ca - Image 141967 Atlantic Avenue Long Beach, Ca - Image 151967 Atlantic Avenue Long Beach, Ca - Image 161967 Atlantic Avenue Long Beach, Ca - Image 171967 Atlantic Avenue Long Beach, Ca - Image 181967 Atlantic Avenue Long Beach, Ca - Image 191967 Atlantic Avenue Long Beach, Ca - Image 201967 Atlantic Avenue Long Beach, Ca - Image 211967 Atlantic Avenue Long Beach, Ca - Image 221967 Atlantic Avenue Long Beach, Ca - Image 231967 Atlantic Avenue Long Beach, Ca - Image 241967 Atlantic Avenue Long Beach, Ca - Image 251967 Atlantic Avenue Long Beach, Ca - Image 261967 Atlantic Avenue Long Beach, Ca - Image 271967 Atlantic Avenue Long Beach, Ca - Image 281967 Atlantic Avenue Long Beach, Ca - Image 291967 Atlantic Avenue Long Beach, Ca - Image 301967 Atlantic Avenue Long Beach, Ca - Image 311967 Atlantic Avenue Long Beach, Ca - Image 321967 Atlantic Avenue Long Beach, Ca - Image 331967 Atlantic Avenue Long Beach, Ca - Image 341967 Atlantic Avenue Long Beach, Ca - Image 351967 Atlantic Avenue Long Beach, Ca - Image 361967 Atlantic Avenue Long Beach, Ca - Image 371967 Atlantic Avenue Long Beach, Ca - Image 381967 Atlantic Avenue Long Beach, Ca - Image 391967 Atlantic Avenue Long Beach, Ca - Image 401967 Atlantic Avenue Long Beach, Ca - Image 411967 Atlantic Avenue Long Beach, Ca - Image 421967 Atlantic Avenue Long Beach, Ca - Image 431967 Atlantic Avenue Long Beach, Ca - Image 441967 Atlantic Avenue Long Beach, Ca - Image 451967 Atlantic Avenue Long Beach, Ca - Image 461967 Atlantic Avenue Long Beach, Ca - Image 471967 Atlantic Avenue Long Beach, Ca - Image 481967 Atlantic Avenue Long Beach, Ca - Image 491967 Atlantic Avenue Long Beach, Ca - Image 501967 Atlantic Avenue Long Beach, Ca - Image 511967 Atlantic Avenue Long Beach, Ca - Image 521967 Atlantic Avenue Long Beach, Ca - Image 531967 Atlantic Avenue Long Beach, Ca - Image 541967 Atlantic Avenue Long Beach, Ca - Image 55
Presented By: Juan Huizar with Sage Real Estate; 562-307-0838
  • MLS# PW24046763
  • 03/08/2024
  • Request Tour
  • Request Info
  • BedBeds • 3
  • BathBaths • 3
  • FootageSQFT • 2,176

Home Details

This remarkable 4-plex in Long Beach is not just another property—it's a lucrative venture waiting to be seized. Boasting an impressive gross income of $126,000 per year, this gem stands out as one of the most profitable 4-unit properties on the market. Here's what makes this property truly exceptional: Brand New ADU with EV Charging: Built with precision in 2023, this additional dwelling unit offers modern amenities and the convenience of electric vehicle charging—a forward-thinking feature that adds significant value. Diverse Rental Portfolio: With one fully operating Airbnb unit and three fully furnished units catering to traveling nurses on short-term rentals, this property offers a versatile income stream. While all units can be delivered vacant upon request, the substantial income generated makes it an enticing proposition to retain the existing tenants. Modern Comforts: Each unit is equipped with its own washer and dryer, along with brand new appliances, ensuring convenience and quality living for tenants. Ample Parking: Say goodbye to parking woes with generous off-street parking, providing convenience for both residents and guests. Comfortable Living Spaces: Enjoy year-round comfort with AC mini-splits installed in all four units, ensuring a pleasant environment regardless of the season. Comprehensive Renovation: With new electrical, plumbing, windows, and smooth stucco, this property has undergone a full remodel and rebuild in 2023. From top to bottom, every detail has been meticulously crafted to offer a turnkey, move-in ready experience. Say goodbye to maintenance headaches—this property promises hassle-free ownership. Don't miss out on this rare opportunity to own a high-income-generating property that's not only profitable but also meticulously designed for long-term success. Whether you're a seasoned investor or new to the market, this 4-plex offers an unparalleled combination of income potential and modern amenities—a truly exceptional investment opportunity in Long Beach.
Presented By: Juan Huizar with Sage Real Estate; 562-307-0838

Interior Features for 1967 Atlantic Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesInside
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1967 Atlantic Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.3
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingDuctless
CountyLos Angeles
Days on Market36
DirectionsNorth of Pacific Coast High
DisclosuresAccessoryDwellingUnit
ElectricElectricityOnProperty
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income126000.0
HOA0.0
HOA / Comm AssnNo
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense2800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet5588.0
MLS Area9 - Poly High
MaintenanceExpense1800.0
MobileHomeRemainsYNNo
Net Operating Income88200.0
New ConstructionYes
Number of Units Leased4
Open Parking Spaces4.0
Operating Expense37800.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameAtlantic
Subdivision NamePoly High (PH)
Tax Lot21
Taxes$18,125
Total Actual Rent10500.0
Total Units4
Trash Expense720.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
ViewNone
View Y/NNo
Walk Score83
Water Sewer Expense900.0
Waterfront Y/NNo
Year Built1922
Year Built SourceAssessor
ZoningLBPD25

Exterior for 1967 Atlantic Avenue

Building Area Total2176.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1283
Lot Size Area5588.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,399,000
MLS#PW24046763
List Date 03/08/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 1967 Atlantic Avenue