Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.
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DAYS ON MARKET
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44
|
LAST UPDATED
|
3/5/2025
|
|
YEAR BUILT
|
1920
|
COMMUNITY
|
Downtown Area, Alamitos Beach
|
|
GARAGE SPACES
|
1.0
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COUNTY
|
Los Angeles
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|
STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Disposal, Refrigerator |
| AREA |
Downtown Area, Alamitos Beach |
| GARAGE |
Door-Single, Garage, Yes |
| HEAT |
Wall Furnace |
| LOT |
5001 sq ft |
| LOT DIMENSIONS |
50x100 |
| PARKING |
Door-Single,Garage |
| STORIES |
1 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| ZONING |
LBCO |
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Listed with Douglas Elliman
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/17/25 4:20 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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