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2248 Atlantic Avenue, Long Beach, CA 90806

$849,500
Commercial Property MLS# CC333642 ID: 29149301
$849,500 Get Rates

Solid investment property in an active, non-rent controlled rental market. This is a two story sixties apartment with eight separately metered units consisting of six 1bed/1bath apartments and two 2bed/1bath apartments. There is a coin operated laundry system and six private garages that generate additional income. Lots of value-add and upside potential.The building is located in the heart of one of the strongest rental markets of Southern California. Minutes away from the 405 and 710 freeways and close to major public transportation lines, tenants have access to Orange County and Los Angeles. The employment market is robust due to proximity to Memorial Hospital, LBCC, CSULB, the LBG Airport, and the Deukmejian Court House.. Comments Title: 8 Unit Multi-Family Prime Investment Opportunity.

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Location Information near 2248 Atlantic Avenue
Offered by Lindsey Knobloch at Keller Williams Pacific Estat

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Property Features for 2248 Atlantic Avenue
Status
Market Status
Under Contract
Last Updated
September 22, 2017
Description
Property Type
Commercial Property
Year Built
1964
Stories
2.0
Approx. Lot Size
0.11 Acres
Sq. Feet
5,046

Community Info

  • Home Owner Asso.: Community Laundry Facility(s)
  • Laundry Facilities

Location

  • MLS Area: 9 - Poly High

Lot Features

  • Water Utilities: Public Water Supply
  • Lindsey Knobloch
  • Keller Williams Pacific Estat

Data Provided by:
California Regional Multiple Listing Service

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More information about this $849,500 Commercial Property at 2248 Atlantic Avenue

This $849,500 Commercial Property at 2248 Atlantic Avenue in Long Beach, CA is presented by Lindsey Knobloch. This $849,500 Commercial Property, located in the 90806 zip code, has the following property features: MLS Area, Home Owner Asso., Laundry Facilities, Water Utilities. This 2248 Atlantic Avenue Commercial Property, located in Los Angeles County , is listed under MLS listing number CC333642 and has a listing price of $849,500. You can find more LONG BEACH homes for sale here.