$2,700,000
1101 Atlantic Avenue, Long Beach 90813
11,795
Lot Size
Listing Agent
Benny Huynh - Advance Estate RealtyAMAZING COMMERCIAL INCOME OPPORTUNITY! 1101-1109 Atlantic, prime corner lot in downtown Long Beach. A developer's dream, 2 separate buildings in one lot, 5 units 1 bed/1 bath each, 1 studio and a duplex with 2 beds/1 bath. Totaled of 8 units on the first parcel and the second parcel has a 3 beds/ 2 baths house. 2 separate parcels will be sold as one. Building is right across from Dignity Health St. Mary Medical hospital. Close to shopping plaza, plenty of authentic restaurants, and freeways. Steady fix and potential growth rental income yearly. Opportunity to develop the 2 parcels into a 4-5 stories apartment building that could produce a huge income profit.
Facts & Features
| MLS® # | OC24077224 |
|---|---|
| Price | $2,700,000 |
| Bathrooms | 0.00 |
| Lot Size | 11,795 |
| Year Built | 1942 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 9 |
Community Information
| Address | 1101 Atlantic Avenue |
|---|---|
| Area | 7 - North Long Beach |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | 0-1 Unit/Acre |
|---|
Additional Information
| Date Listed | April 18th, 2024 |
|---|---|
| Days on Market | 13 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Benny Huynh |
|---|---|
| Office | Advance Estate Realty |