6089 Atlantic Avenue
Long Beach, CA 90805
- – beds
- – baths
- – sqft
- 4,259 sqft lot
- 1953 build
- – on site
Introducing 6089 Atlantic Ave – A Turnkey 4-Plex Investment Opportunity! This beautifully remodeled 4-unit property is a rare gem in Long Beach, offering both newly constructed ground-floor units and fully renovated top-floor units. With a mix of two 3-bedroom, 2-bath units (735 sq. ft. each) and two 2-bedroom, 1-bath units (600 sq. ft. each), this property delivers modern living spaces that are move-in ready. Key Features: All units available for you to take full control by setting new market rents from day one. Using the City of Long Beach Housing Authority payment standards, the projected annual income is $139,608. Strong Financials: Enjoy a projected cap rate above 7.0% and a gross rent multiplier of 10x, based on potential market rents. Turnkey Condition: All units have been upgraded with top-to-bottom renovations, including in-unit laundry hookups and energy-efficient mini-split systems. Parking: Ample parking is available in both the front and rear of the property. Zoning & Development Potential: This property is situated in an RMU-3-A zoning area, allowing for high-density residential development. Options include: Re-permit the ADU as a primary unit by paying applicable fees. Add up to 3-4 detached ADUs in the front or center open spaces for additional rental income. Maximize Density: Explore the potential to develop 30-50 units with density bonuses, making this property an excellent covered land play for future growth. Whether you’re looking for a fully renovated, income-generating property or a site with incredible redevelopment potential, 6089 Atlantic Ave checks all the boxes. Don’t miss this unique opportunity to invest in Long Beach's thriving real estate market. Contact us today for more details or to schedule a showing!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 16, 2025
•
MLS# PW24251736 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1953
-
Year Built Source:Seller
-
New Construction:No
-
Building Area Total:2670.00
-
Building Area Units:Square Feet
-
Total Number Of Units:4
-
# of Buildings:2
-
Architectural Style:Modern, Traditional
-
Stories Total:2
-
Entry Level:1
-
Common Walls:2+ Common Walls
-
Faces:East
-
# of Separate Gas Meters:4
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:4
Interior
-
Entry Location:1
-
Window Features:Double Pane Windows
-
Flooring:Vinyl
-
Laundry:Gas & Electric Dryer Hookup
-
Laundry:1
Financial & Terms
-
Disclosures:Accessory Dwelling Unit
Location
-
Directions:Atlantic & 61st
-
Latitude:33.86526700
-
Longitude:-118.18534300
The Property
-
Property Type:Residential Income
-
Subtype:Quadruplex
-
Property Condition:Turnkey, Updated/Remodeled
-
Zoning:LBCNA
-
Lot Features:0-1 Unit/Acre
-
Lot Size Area:4259.0000
-
Lot Size Acres:0.0978
-
Lot Size SqFt:4259.00
-
Lot Size Source:Assessor
-
View:None
-
Road Frontage:Access Road
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Block:1
-
Tax Census Tract:5703.06
-
Tax Tract:6521
-
Tax Lot:17
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:7125035016
Heating & Cooling
-
Heating:1
-
Heating:Ductless
-
Cooling:Yes
-
Cooling:Ductless
Utilities
-
Utilities:Sewer Connected, Water Connected
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Appliances:Electric Range
-
Included:Yes
The Community
-
Subdivision:North Long Beach (NLB)
-
Subdivision:North Long Beach (NLB)
-
Features:Street Lights
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:Yes
-
Assessments:Buyer to Verify
Parking
-
Parking:Yes
-
Parking:Driveway, Concrete, On Site
-
Parking Spaces:8.00
-
Uncovered Spaces:8.00
Extra Units
-
Average 2 Bed Area:600
-
Average 3 Bed Area:750
-
Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/5/25
Feb 5, 2025
|
Price Changed | CRMLS_CA | $1,395,000 | -5.4% |
|
12/19/24
Dec 19, 2024
|
Listed / Active | CRMLS_CA | $1,475,000 | 116.9% (106.1% / YR) |
|
11/13/23
Nov 13, 2023
|
BRIDGE | $680,000 | 13.5% |
