2430 Atlantic AVE Long Beach, CA 90806
6,943 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SR25214410
HOA Y/N No
Year Built 1920
Lot Size 6,943 Sqft
Property Sub-Type Triplex
Property Description
This unique single-story triplex offers strong rental potential and long-term upside. The front duplex, built in 1920, includes a 4-bedroom/1-bath unit and a 2-bedroom/1-bath unit. A long private driveway provides 5 off-street parking spaces for added convenience.
At the rear of the property sits a detached 4-bedroom/2-bath home, built in 1949, offering generous living space and privacy.
Currently owned long-term, rents are estimated to be approximately 25% below market, presenting significant value-add potential. Pro forma figures are based on verified bed/bath counts from county records.
Located in a desirable area of Long Beach, not subject to rent control, this property is an ideal addition to any investor's portfolio.
Part of a 6-building, 58-unit portfolio – available individually or as a package.
Location
State CA
County Los Angeles
Area 9 - Poly High
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7211007009
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Team Leader | License ID: 01448623
+1(619) 993-7836 | micah@mktrealestate.com