Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.
MLS# | 25507045 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 52 |
Listing Provided By | Douglas Elliman 310-595-3888 | Laura Milshteyn |
Bed(s) | 6 |
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Bath(s) | 8 |
SQ Feet | 4,222 |
Garage | 1 |
Story(s) | 1 |
Units | 8 |
Building(s) | 2 |
Zoning | LBCO |
Acreage | 0.11 |
Property View | Yes |
State | CA |
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County | Los Angeles |
City | Long Beach |
Zip Code | 90813 |
Area | 4 Downtown Area | Alamitos Beach |
Listing VS Median (in 90813) | |
Price: $1,650,000 low | high Med: $1,050,000 SqFt: 4,222 low | high Med: 2,047 $ / SqFt: $391 low | high Med: $513 On site: 52 low | high Med: 16.000000 |