1967 Atlantic Avenue , Long Beach, CA 90806
Long Beach, CA 90806
Description
Now priced at an amazing price of $1,350,000. This remarkable 4-plex in Long Beach is not just another propertyit's a lucrative venture waiting to be seized. Boasting an impressive gross income of $126,000 per year, this gem stands out as one of the most profitable 4-unit properties on the market. Here's what makes this property truly exceptional: Brand New ADU with EV Charging: Built with precision in 2023, this additional dwelling unit offers modern amenities and the convenience of electric vehicle charginga forward-thinking feature that adds significant value. Diverse Rental Portfolio: With one fully operating Airbnb unit and three fully furnished units catering to traveling nurses on short-term rentals, this property offers a versatile income stream. While all units can be delivered vacant upon request, the substantial income generated makes it an enticing proposition to retain the existing tenants. Modern Comforts: Each unit is equipped with its own washer and dryer, along with brand new appliances, ensuring convenience and quality living for tenants. Ample Parking: Say goodbye to parking woes with generous off-street parking, providing convenience for both residents and guests. Comfortable Living Spaces: Enjoy year-round comfort with AC mini-splits installed in all four units, ensuring a pleasant environment regardless of the season. Comprehensive Renovation: With new electrical, plumbing, windows, and smooth stucco, this property has undergone a full remodel and rebuild in 2023. From top to bottom, every detail has been meticulously crafted to offer a turnkey, move-in ready experience. Say goodbye to maintenance headachesthis property promises hassle-free ownership. Don't miss out on this rare opportunity to own a high-income-generating property that's not only profitable but also meticulously designed for long-term success. Whether you're a seasoned investor or new to the market, this 4-plex offers an unparalleled combination of income potential and modern amenitiesa truly exceptional investment opportunity in Long Beach.
Details
| MLS# | PW24046763 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | New Construction |
| Status | Pending |
| Year | 1922 |
| Days On Site | 187 |
| Listing Provided By | Sage Real Estate 562-400-7622 | Juan Huizar |
Features
| SQ Feet | 2,176 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LBPD25 |
| Acreage | 0.13 |
| Property View | None |
Market Activity 90806
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90806 |
| Area | 9 Poly High |
| Community Name | Poly High (PH) |
| Listing VS Median (in Poly High (PH)) | |
Price: $1,350,000 low | high Med: $1,350,000 SqFt: 2,176 low | high Med: 3,140 $ / SqFt: $620 low | high Med: $475 On Site: 187 low | high Med: 119.000000 | |