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$1,435,000
Est. payment /mo
10 Beds
3,312 SqFt
UPDATED:
02/21/2025 02:15 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $433
MLS Listing ID CRSB24159267
Bedrooms 10
HOA Y/N No
Year Built 1914
Lot Size 3,001 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Property Description
$40,000 Price Reduction & Fully Leased!! Attractively priced at 12.9 GRM, a 5.1% cap rate with upside, and gross scheduled rents of $111,360 per year. 801 Atlantic Ave, Long Beach is a beautifully renovated 4-unit multifamily property perfect for turnkey investors. 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!
Location
State CA
County Los Angeles
Zoning LBCO
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 7274016016
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Listed by Christopher Crosby • Buckingham Investments, Inc
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