Long Beach, CA 90806,1967 Atlantic Avenue
Long Beach, CA 90806,1967 Atlantic Avenue
Long Beach, CA 90806,1967 Atlantic Avenue
Long Beach, CA 90806,1967 Atlantic Avenue
Long Beach, CA 90806,1967 Atlantic Avenue
Long Beach, CA 90806,1967 Atlantic Avenue
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$1,350,000

$1,350,000

Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

5,588 Sqft Lot


SOLD DATE : 09/23/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24046763

Sold Date 09/23/24

Bedrooms 3

HOA Y/N No

Lot Size 5,588 Sqft

Property Description

Now priced at an amazing price of $1,350,000. This remarkable 4-plex in Long Beach is not just another propertyit'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 charginga 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-i
Now priced at an amazing price of $1,350,000. This remarkable 4-plex in Long Beach is not just another propertyit'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 charginga 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 headachesthis 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 amenitiesa truly exceptional investment opportunity in Long Beach.

Location

State CA

County Los Angeles

Area Long Beach (90806)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $71

Acceptable Financing Cash

Space Rent $4,300

Listing Terms Cash

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Juan Huizar • Sage Real Estate
Bought with Shalonda Chappel • The Chappel Agency
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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