1101 Atlantic Avenue, Long Beach, CA 90813

$2,600,000
List Price
$2,600,000
Price Change
▼ $100,000 1715076998
Status
ACTIVE
MLS#
OC24077224
Year Built
1942
Lot Size
11,795
Acres
0.27
Lot Location
0-1 Unit/Acre
Days on Market
29
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

AMAZING COMMERCIAL INCOME OPPORTUNITY! 1101-1109 Atlantic, prime corner lot in downtown Long Beach. A developer's dream, 2 separate buildings in one lot, 5 units 1 bed/1 bath each, 1 studio and a duplex with 2 beds/1 bath. Totaled of 8 units on the first parcel and the second parcel has a 3 beds/ 2 baths house. 2 separate parcels will be sold as one. Building is right across from Dignity Health St. Mary Medical hospital. Close to shopping plaza, plenty of authentic restaurants, and freeways. Steady fix and potential growth rental income yearly. Opportunity to develop the 2 parcels into a 4-5 stories apartment building that could produce a huge income profit.

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
9

Listing courtesy of Listing Agent: Benny Huynh (benz_era@yahoo.com) from Listing Office: Advance Estate Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.