2248 Atlantic Avenue, Long Beach, CA 90806

PENDING
  • $849,500
  • 1+ Years on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
X

Description

Solid investment property in an active, non-rent controlled rental market. This is a two story sixties apartment with eight separately metered units consisting of six 1bed/1bath apartments and two 2bed/1bath apartments. There is a coin operated laundry system and six private garages that generate additional income. Lots of value-add and upside potential. The building is located in the heart of one of the strongest rental markets of Southern California. Minutes away from the 405 and 710 freeways and close to major public transportation lines, tenants have access to Orange County and Los Angeles. The employment market is robust due to proximity to Memorial Hospital, LBCC, CSULB, the LBG Airport, and the Deukmejian Court House.. Comments Title: 8 Unit Multi-Family Prime Investment Opportunity. Click here to learn more about this listing.

  • MLS ID# CC333642
  • Year Built: 1964
  • 1+ Years on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Local Info

Population
43,088
Median Household Income
$36,496
Median Years In Residence
8
Median Homeowner Age
27
Households with Children
67.32%
Percent of Homes Rented
61.33%

Nearby Elementary Schools

565 E Hill St
2500 Pacific Ave
2285 Walnut Ave

Nearby Middle Schools

2500 Pacific Ave
1637 Long Beach Blvd
2750 Pine Ave

Nearby High Schools

1600 Atlantic Ave
1794 Cedar Ave
490 W 14th St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Keller Williams Pacific Estat
(562) 513-7800
Listing Agent: Lindsey Knobloch

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