858-525-5007

801 Atlantic, Long Beach CA 90813 | $1,389,000

  • 10 bedrooms
  • 4 bathrooms
  • 3,312 Sq Ft
  • 3001 Lot Sq Ft
  • Type: Quadruplex
  • Stories: 2
  • Year Built: 1914
  • MLS#: SB25172724
  • Community: 4 - Downtown Area, Alamitos Beach

Listing provided courtesy of Christopher Crosby of Buckingham Investments, Inc. Last updated 2025-11-12 09:04:57.000000. Listing information © 2025 SANDICOR.

4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110,000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-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! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property is individually metered for gas and electricity. Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! Reach out today!

More Details

0.07 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985