801 Atlantic Avenue
Long Beach, CA 90813
- 10 beds
- – baths
- 3,312 sqft
- 3,001 sqft lot
- $445 per sqft
- 1914 build
- – on site
**SELLER OFFERING $15,000 TOWARDS INTEREST RATE BUY-DOWN FOR BUYER** Welcome to 801 Atlantic Ave, Long Beach, CA – a stunningly renovated 4-unit multifamily property perfect for both investors and owner-occupants. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5.0% cap rate, and an 8% upside in rents. Additionally, unit 807 (3bd 1ba) and unit 803 (2bd 1ba) will be available at close of escrow, ideal for an owner-occupant or investor to select their tenant and capture market rent!
Last checked:
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Last updated Nov 21, 2024
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MLS# CRSB24159267 —
This property is listed in more than one place. See it here, and here, and here.
Upcoming Open Houses
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Saturday, 11/23
10am-4pm -
Sunday, 11/24
10am-1pm
The Building
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Year Built:1914
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Building Area Total:3312
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Building Area Units:Square Feet
Room Dimensions
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Living Area:3312
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Living Area Units:Square Feet
Location
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Directions:E 8th St and Atlantic Ave
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size Area:0.07
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Lot Size Acres:0.07
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Lot Size SqFt:3001
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Lot Size Units:Acres
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Exterior Features:Other
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Zoning:LBCO
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Parcel Number:7274016016
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5763.01
Beds
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Bedrooms Total:10
The Listing
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Listing TermsCash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:No Hookups
The Community
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Association:false
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 |
|---|---|---|---|---|
|
10/16/24
Oct 16, 2024
|
Price Changed | BRIDGE | $1,475,000 | -1.0% |
|
10/1/24
Oct 1, 2024
|
Price Changed | BRIDGE | $1,490,000 | -0.3% |
|
8/6/24
Aug 6, 2024
|
Listed / Active | BRIDGE | $1,495,000 | 35.9% (29.2% / YR) |
