$485.44 Per Sq Foot $13,957 est/mo Sourced by Back At You

1101 Atlantic Avenue,Long Beach, CA 90813

Long Beach CA, 90813

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Description

AMAZING 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.

Details

MLS#OC24077224
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1942
Days On Site35
Listing Provided ByAdvance Estate Realty 714-894-4306 | Benny Huynh

Features

SQ Feet5,356
Story(s)1
Units9
Building(s)2
Acreage0.27

Market Activity 90813

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 2 minutes ago
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area7 North Long Beach
Listing VS Median (in 90813)
Price:
$2,600,000
low | high
Med:
$1,332,500
98.75% of Average
SqFt:
5,356
low | high
Med:
3,417
86.211725168036% of Average
$ / SqFt:
$485
low | high
Med:
$398
68.014991738412% of Average
On Site:
35
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 10:20:46 PM PDT