- $1.3M Price
- .11 Acres
- 20 DOM
1844 Atlantic Avenue
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.
Essential Information
- MLS® #SB25268211
- Price$1,250,000
- Bathrooms0.00
- Acres0.11
- Year Built1920
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address1844 Atlantic Avenue
- Area9 - Poly High
- SubdivisionPoly High (PH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
Amenities
- Parking Spaces2
- ParkingOn Street
- GaragesOn Street
- PoolNone
Interior
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionNo Landscaping, Street Level
Additional Information
- Date ListedDecember 1st, 2025
- Days on Market20
Listing Details
- AgentLianne Gallardo
- OfficeKeller Williams South Bay
Lianne Gallardo, Keller Williams South Bay.
Based on information from California Regional Multiple Listing Service, Inc. as of December 21st, 2025 at 12:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.