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Home For Sale
1844 Atlantic Avenue
Long Beach, California 90806
Los Angeles CountyCommunity: Poly High (PH)
$995,000
8 br, 5.0 bath
3429 sq. ft.
0.112 acres
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. 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.
Interior:
- Bedrooms: 8
- Baths: 5.0
- Sq Ft: 3429
- Year Built: 1920
- Utilities:
- Fireplaces:
- Stories: 1
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.112 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof:
- MLS #: SB24225878
Contact Information:
Listing Agent: Malcolm Zeger, Buckingham Investments, Inc., 626-483-7983, 310-982-7055
Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5519553
Viewed 9 times.
Updated: Nov 01, 2024
