1967 Atlantic Avenue, Long Beach, CA 90806

  • $1,350,000
  • $620
1967 Atlantic Avenue, Long Beach, CA 90806
For Sale
1967 Atlantic Avenue, Long Beach, CA 90806
  • $1,350,000
  • $620

Overview

Property ID: SGR-26049723
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1922
  • Year Built

Description

Now priced at an amazing price of $1,350,000. This remarkable 4-plex in Long Beach is not just another property—it’s a lucrative venture waiting to be seized. Boasting an impressive gross income of $126,000 per year, this gem stands out as one of the most profitable 4-unit properties on the market.
Here’s what makes this property truly exceptional:
Brand New ADU with EV Charging: Built with precision in 2023, this additional dwelling unit offers modern amenities and the convenience of electric vehicle charging—a forward-thinking feature that adds significant value.
Diverse Rental Portfolio: With one fully operating Airbnb unit and three fully furnished units catering to traveling nurses on short-term rentals, this property offers a versatile income stream. While all units can be delivered vacant upon request, the substantial income generated makes it an enticing proposition to retain the existing tenants.
Modern Comforts: Each unit is equipped with its own washer and dryer, along with brand new appliances, ensuring convenience and quality living for tenants.
Ample Parking: Say goodbye to parking woes with generous off-street parking, providing convenience for both residents and guests.
Comfortable Living Spaces: Enjoy year-round comfort with AC mini-splits installed in all four units, ensuring a pleasant environment regardless of the season.
Comprehensive Renovation: With new electrical, plumbing, windows, and smooth stucco, this property has undergone a full remodel and rebuild in 2023. From top to bottom, every detail has been meticulously crafted to offer a turnkey, move-in ready experience. Say goodbye to maintenance headaches—this property promises hassle-free ownership.
Don’t miss out on this rare opportunity to own a high-income-generating property that’s not only profitable but also meticulously designed for long-term success. Whether you’re a seasoned investor or new to the market, this 4-plex offers an unparalleled combination of income potential and modern amenities—a truly exceptional investment opportunity in Long Beach.

  • Address 1967 Atlantic Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Area 9 - Poly High
  • Country United States

Details

Updated on May 6, 2024 at 8:07 am
  • Property ID: SGR-26049723
  • Price: $1,350,000
  • Land Area: 5588.00 m²
  • Garage: 0.00
  • Year Built: 1922
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2176.00
  • MLS#: PW24046763
  • Office Name: SAGE REAL ESTATE
  • Agent Name: Juan Huizar
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Sage Real Estate
  • Co-Agent Name: Caleb Baldwin
  • Agent State License: 01417642
  • Co-Agent State License: 02056751
  • IDX Contact Info: 562-307-0838

Additional details

  • View: None
  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Ductless
  • Flooring: Vinyl
  • County: Los Angeles
  • Property SubType: Quadruplex
  • Parking: 4.00
  • Water Source: Public

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Sankofa Global Realty
  • Sankofa Global Realty