Multi-Tenant Retail
New
For Sale
$2,600,000
6001 Atlantic Ave, Long Beach, CA 90805
Two leased units support an established neighborhood retail configuration with customer parking and direct Atlantic Avenue access.
Property Size5,736 SF
Lot Size0.35 Acres
Price / SF$453.28
Days on Market2
Property Features for 6001 Atlantic Ave
General Information
Standard status
Active
Size
5,736 SF
Total Parking Spaces
15
Lot size
0.35 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
5,736 SF
Year Built
1968
Buildings
1
Tenancy
Multi
Listing Agency:
(818) 266-6424
Listed By:
Michael Kamali
Source:
Elliman
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 2 at 8:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Kamali
Investment Insights
Based on property information with market context.
This 5,736-square-foot retail building occupies a 15,159-square-foot parcel and contains two leased units identified as Local Market and Laundry Mat. The property includes 15 customer parking spaces, street frontage, and customer access along Atlantic Avenue. Built in 1968, the asset offers an established commercial layout within an active retail corridor.
The property is positioned near residential neighborhoods, restaurants, schools, professional services, and other neighborhood-serving retailers. Atlantic Avenue connects the site with the 91, 710, and 405 Freeways, providing access to Downtown Long Beach, Los Angeles, Orange County, and the Ports of Long Beach and Los Angeles. Long Beach Airport is also located nearby. Walk Score is 75, Bike Score is 55, and Transit Score is 50.
The property is positioned near residential neighborhoods, restaurants, schools, professional services, and other neighborhood-serving retailers. Atlantic Avenue connects the site with the 91, 710, and 405 Freeways, providing access to Downtown Long Beach, Los Angeles, Orange County, and the Ports of Long Beach and Los Angeles. Long Beach Airport is also located nearby. Walk Score is 75, Bike Score is 55, and Transit Score is 50.
Key Highlights
- 5,736‑square‑foot retail building on a 15,159‑square‑foot parcel
- Two leased units: Local Market and Laundry Mat
- 15 customer parking spaces
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.8k | $22.80 |
| − Vacancy | −$9.2k | −$1.60 |
| EGI | $121.6k | $21.20 |
| − OpEx | −$30.4k | −$5.30 |
| NOI | $91.2k | $15.90 |
5,736 SF · lease $22.80/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,220 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$1.13M
$992.0K – $1.32M
NOI $79,356 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,263 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
Taco Bell
Dining
12,367 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
9,849 visits/mo
0.4 miles
AutoZone
Shops & Services
9,588 visits/mo
0.1 miles
Shell
Shops & Services
7,772 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,740 visits/mo
0.4 miles
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two leased units support an established neighborhood retail configuration with customer parking and direct Atlantic Avenue access.
Where is this retail space located?
The property is located at 6001 Atlantic Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 5,736‑square‑foot retail building on a 15,159‑square‑foot parcel; Two leased units: Local Market and Laundry Mat; 15 customer parking spaces
