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$ 1,650,000
Est. payment | /mo
6 Beds
8 Baths
4,222 SqFt
$ 1,650,000
Est. payment | /mo
6 Beds
8 Baths
4,222 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,222 sqft
Price per Sqft $390
MLS Listing ID 25507045
Bedrooms 6
HOA Y/N No
Year Built 1920
Lot Size 5,000 Sqft
Property Description
Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Door-Single, Garage
Garage Spaces 1.0
Garage Description 1.0
View Y/N Yes
View City Lights
Total Parking Spaces 1
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7274017031
Special Listing Condition Standard
Listed by Laura Milshteyn • Douglas Elliman
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Kristine Marquez
Agent | License ID: 02151470