1491 Atlantic AVE, Long Beach, CA 90813
1491 Atlantic AVE, Long Beach, CA 90813
1491 Atlantic AVE, Long Beach, CA 90813
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$2,485,000
Est. payment /mo
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26138156

Year Built 2022

Source California Regional MLS

Property Description

1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction effici

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Heating Solar

Laundry Gas Hookup, 30

Exterior

Garage Spaces 6.0

Pool None

Building

Lot Description Grade - Level

Story Three or More Stories

Water District - Public

Others

Tax ID 7269031017

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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1491 Atlantic AVE

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