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    801 Atlantic Ave Long Beach, CA 90813

    For Sale
    $1,389,000

    Four renovated units in downtown Long Beach with high rental income.

    Lot size:
    0.07 Acres

    Property Features for 801 Atlantic Ave

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1914

    Source: Buckingham Investments, Inc Agent Christopher Crosby

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Long Beach Multifamily Property

    This multifamily property features four renovated units located in downtown Long Beach. The unit mix includes two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. All four units were meticulously renovated in 2023, with improvements including new flooring, cabinetry, quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property's electrical system was completely upgraded in 2023, including a full re-wire, new main service panel, and sub panels. A silicone white roof was installed in 2024. The property is individually metered for gas and electricity. The current owners have invested over $150,000 into property improvements, making it suitable for a turnkey investor. The property is intended for use as a residential income property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1852834
    Latitude
    33.7767247

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    FAQs

    What type of property is this?
    Quadplex - Four renovated units in downtown Long Beach with high rental income.
    Where is this quadplex located?
    The property is located at 801 Atlantic Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,389,000.
    What are key features of this property?
    This property features: - Completely renovated in 2023 with new flooring, cabinetry, countertops, appliances, and more.; - Gross scheduled rents over $110,000 per year.; - Attractive unit mix: (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units.
    (310) 982-7055
    Request Owner's contact information
    801 Atlantic Ave Long Beach, CA 90813
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    801 Atlantic Ave
    Long Beach, CA 90813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 Atlantic Ave Long Beach, CA 90813
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