Address
2383 Atlantic Avenue Long Beach, CA
Price
$ 585,000
Property Attributes
  • MLS#PW20027952
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaPoly High
  • Zip90806
  • StyleMixed Use
  • Price$ 585,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1975
Listing Provided Courtesy Of:
Kee Jae Lee with HK Mega R.E. & Investment.
Property Description

GREAT BARGAIN!!! ****FULLY OCCUPIED, THREE-UNIT COMMERCIAL BUILDING FOR SALE*** TWO RETAIL SHOPS + 1 APARTMENT W/ 2 BEDROOM AND 1 BATH ON A HIGH VISIBLE MAJOR STREET!!! * UNIT#1 IS A BARBERSHOP AND UNIT#2 IS A BEAUTY SHOP. THE APARTMENT WAS FULLY UPGRADED TWO YEARS AGO. COMMERCIAL BUILDING IS LOCATED BETWEEN ATLANTIC AVENUE AND E. BURNETT STREET IN A PROMINENT LONG BEACH AREA. PROPERTY HAS GREAT UPSIDE INCOME. THIS BUILDING HAS ITS OWN PARKING AT THE REAR OF THE BUILDING. OWNER OPPORTUNITY OR INVESTOR OPPORTUNITY. HERE IS THE BREAKDOWN OF THE RENTAL UNITS: 2383 ATLANTIC AVENUE LONG BEACH, CA 90806 *UNIT#1: $ 948.00 /MONTH *UNIT#2: $ 845.00 /MONTH *APARTMENT: $ 1,400.00 /MONTH A GREAT RENTAL PROPERTY AT A BARGAIN PRICE. A TRUE MUST SEE, DON'T MISS OUT ON THIS ONE! BRAND NEW ROOF WAS PLACED LAST YEAR! ($15,000). CAP RATE IS AT 4.87%. LEASES EXPIRE ON 12/2020!! THIS UNIT IS A STEAL DUE TO POTENTIAL INCREASED RENT!!!

Price History
2/7/2020 Listed $585,000

General Features

Directions Corner of Atlantic Avenue and E. Burnett St.
Listagentaor Pacific West
Listing Agent Kee Jae Lee - BRE#01380713
Listing Agent State License 01380713
MLS Area 9 - Poly High
Price Per Square Foot 296.20
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard

Interior Features

Condo Area Unit Type Square Feet
Laundry Features Common Area
Total Stories 1

Exterior Features

Building Area Total 1975.00
Lot Size Source Assessor
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90806

Price
AVG $410K
$590K
Visits
AVG 20
18
Year Built
AVG 1952
1921
Walkscore
AVG 82
73
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.