801 Atlantic Avenue

Long Beach, CA 90813
$1,389,000
4 renovated units located in downtown Long Beach, with gross scheduled rents over $110,000 per year! Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! The current owners have invested over $150,000 into property improvements, making itRead MoreRead Less
Property listed by Buckingham Investments, Inc, Christopher Crosby 650-549-4849
Listing Snapshot
Days Online
76
Last Updated
Property Type
Quadruplex
Lot Size
0.07 Acres
Year Built
1914
MLS Number
SB25164581
30 Days Snapshot Of 90813
$491k
+1%
(avg) sold price
7
-22%
homes sold
108
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1914, Building area total: 3,312, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, StreetLights, Sidewalks, Urban
Cooling
None
Expenses
Insurance expense: $2,484, Operating expense: $34,148, Trash expense: $500, Water sewer expense: $1,720
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $111,360, Net operating income: $73,871
Laundry
None
Lot
0.0689 acres, 3,001 square feet, Size: 3,001, ZeroToOneUnitAcre
Pool
None
Property
Zoning: LBCO
Roof
Flat
Sewer
PublicSewer
Spa
None
Tenant Pays
Electricity, Gas, TrashCollection
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Joe Villaescusa
CEO
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.