1844 Atlantic Avenue Long Beach, CA 90806

Multi-Family (2-4 Units) MLS #: SB24225878 Courtesy Of Buckingham Investments, Inc.

$995,000

8 beds | 5 baths | 3,429 sq ft
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Estimated monthly payments: $4,350/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

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1844 Atlantic Avenue, Long Beach, CA 90806
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School Information

1844 Atlantic Avenue, Long Beach, CA 90806

Elementary School
Grades KG-5 | Public School
SMITH ELEMENTARY SCHOOL
Long Beach, CA 90806
565 E Hill St
562.­595.9466
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
26:1
Total Students
742
Middle School
Grades 6-8 | Public School
WASHINGTON MIDDLE SCHOOL
Long Beach, CA 90813
1450 Cedar Ave
562.­591.2434
Distance: 0.7 mi
School Rating
D+
Student:Teacher Ratio
24:1
Total Students
974
High School
Grades 9-12 | Public School
POLYTECHNIC HIGH SCHOOL
Long Beach, CA 90813
1600 Atlantic Ave
562.­591.0581
Distance: 0.3 mi
School Rating
B-
Student:Teacher Ratio
25:1
Total Students
4002
Other Nearby Schools Distance Type Grades School Rating
Roosevelt Elementary School 0.3 mi Public KG-5 B
Intellectual Virtues Academy 0.3 mi Public 9-12 B-
We The People High School 0.4 mi Public 9-12
Clear Passage Educational Center 0.5 mi Public 9-12 F
Educational Partnership High School 0.6 mi Public 9-12 D
Alvarado Elementary School 0.6 mi Public KG-5 A-
John G. Whittier Elementary School 0.7 mi Public KG-5 C
Lincoln Elementary School 0.8 mi Public KG-5 B-
Huntington Academy 0.8 mi Private KG-5
Montessori On Elm 0.9 mi Private PK-4
First Baptist Church School 0.9 mi Private KG-12
Signal Hill Elementary School 0.9 mi Public KG-5 B
Jessie E. Nelson Academy 0.9 mi Public 6-8 C
Renaissance High School For The Arts 1.0 mi Public 9-12 C+
Lafayette Elementary School 1.0 mi Public KG-5 C+
Oropeza Elementary School 1.1 mi Public KG-5 C
St Anthony High School 1.1 mi Private 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Long Beach, CA 90806

Median Age: 35.9
Married: 37%
Number of Households: 12,412
Households with Children: 36.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.