$995,000
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1844 Atlantic Avenue Long Beach, CA 90806
Mixed Use
Residence
Beds
Baths
3,429
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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. Three retail units in front, residential in the back. 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.
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MLS#
SB24225878
Property Type
Mixed Use
Status
Year Built
1920
Square Feet
3,429
sq. ft
Lot Size
0.11
Sewer
Public Sewer
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