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712 Atlantic Avenue

Long Beach, CA 90813
  • $1,650,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 25507045
$1,650,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,222
    SQFT
  • $391
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Laura Milshteyn of Douglas Elliman (310-595-3888)


Description

Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161130542
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712 Atlantic Avenue Long Beach, CA 90813

  • Price: $1,650,000
  • Status: Active
  • On Site: 13 Days
  • ID#: 25507045
6
Beds
0
Baths
0
½ Baths
0.11
Acres
4,222
SQFT
$391
$/SQFT
1920
Built
Neighborhood:
4 - Downtown Area, Alamitos Beach
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.
Exterior Features

Parking Features Door-SingleGarage Parking Total 1 View City Lights View YN Yes

Interior Features

Appliances DisposalRefrigerator Cooling Wall/Window Unit(s) Cooling YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6.68 Garage YN Yes Gross Income 153600 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 110289 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 2 Zoning LBCO



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Laura Milshteyn of Douglas Elliman (310-595-3888)