$3,395,000
6064 Atlantic Avenue
Long Beach, California 90805
    • 6966 SqFt
    • Built 1946
  • Status:For Sale
  • MLS:CL26651517
  • Last Updated:about 2 months ago

Overview

Huge 500k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.3% Cap Rate, 7.6 GRM, and 207k/unit after taking into

Listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.
    6064 Atlantic Avenue

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.6966
    • $/Sq. Ft.$487
    • Built In1946
    • Days on neighborhoods.com54

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesOther, Uncovered, Parking Space

    Interior Features

    Features
    • Sq. Ft.6966
    Utilities
    • Heating (Y/N)Yes
    • Heating TypeWall Furnace

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.9180
    • Lot Size Area0.21
    • Living Area6966
    • Living Area UnitsSquare Feet
    • Acres0.21