Millman Team Real Estate

$1,250,000
0.11 Acre Lot

1844 Atlantic, Long Beach, California 90806

  • Residential Income Property Type
  • On Street Cars Garage
  • 1920 Year Built
Property Description

Presenting a remarkable opportunity to acquire a robust commercial/residential mixed-use property situated in a highly desirable 1844 Atlantic Ave in Long BEach. This meticulously configured asset comprises six total units: three income-generating street-level commercial storefronts and three back-end residential units. Offering immediate stability and strong returns, the property currently boasts an impressive 11.44 Gross Rent Multiplier (GRM) and an attractive 8.4% Capitalization Rate (Cap Rate). With five out of six units tenant occupied, the diversified income stream provides opportunity for maximum upside potential, or opportunity to live/rent. Don’t miss out on this incredible investment opportunity. Contact the listing agent today to request the full financial package and schedule a private showing; do not disturb the current tenants.

Basic Details
Residential Income
For Sale
SB25268211
$1,250,000
1920
0.11 Acre
Active
1
Mixed Use
Features
: None
: On Street
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Poly High (PH)
90806
Atlantic
1844
Avenue
North East side of PCH and Atlantic
9 - Poly High
Additional Information
$0
$0
$0
$0
$0
4554
: Sidewalks
1
: One
: No Landscaping, Street Level
6
2025-12-01
1
1
: Public
Broker/Agent Information
Keller Williams South Bay
Lianne Gallardo
Listing Information
sbgalllia
S6669
Cash,Cash to Existing Loan
Active
2025-12-03T18:20:50Z
CRMLS
: Standard
2025-12-01T12:24:39Z
Agent info
Ray Millman
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