1101 Atlantic Avenue

Long Beach, CA 90813

$2,700,000
Price
—
Beds
5,356 Sq. Ft.
$504 / Sq. Ft.
5,356
Sq. Ft.
$504
per Sq. Ft.

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...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.
  1. Listed by Benny Huynh • DRE #01756802 • Brokerage DRE #01480932 • Advance Estate Realty • 714-757-6283
  2. Listed by Minh Pham • DRE #01924281 • Brokerage DRE #01480932 • Advance Estate Realty

Property Details for 1101 Atlantic Avenue

Total Units
9.0
Lot Size Source
Assessor
Building Area Total
5356
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
7274001026
Area
North Long Beach (7)

Location

Listing Courtesy of Advance Estate Realty, Benny Huynh, DRE #01756802; Advance Estate Realty, Minh Pham, DRE #01924281
Add your commute
LISTING UPDATED: 05/02/2024 01:13 PM

Property Details for 1101 Atlantic Avenue

StatusActive
MLS #OC24077224
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1942
Lot Size0.27 AC / 11,795 SF
CountyLos Angeles County

Location

Listing Courtesy of Advance Estate Realty, Benny Huynh, DRE #01756802; Advance Estate Realty, Minh Pham, DRE #01924281
Add your commute

Building Information for 1101 Atlantic Avenue

Stories1Residences-Year Built1942Lot Size0.27 AC / 11,795 SF

Payment Calculator

$15,673 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

$938

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1101 Atlantic Avenue

Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Land Use: Multi-Family
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Number Of Buildings: 2

Property History for 1101 Atlantic Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1101 Atlantic Avenue

Taxable ValueLand$463,587Additions$386,982Total$850,569
Tax Record2023$11,257 ($938 / month)
Home Facts
Total Finished SqFt4,220 SqFtAbove Grade Finished SqFt4,220 SqFtStories1Lot Size5,813 SqFtStyleOffice BuildingYear Built1942ZoningLBCOCountyLOS ANGELESAPN7274-001-026

Schools near 1101 Atlantic Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1101 Atlantic Avenue is a mixed use property for sale in Long Beach, CA 90813. This property was listed for sale on April 20, 2024 by Advance Estate Realty, it's currently listed at $2,700,000. This listing's school district is Long Beach Unified School District. Nearby schools include Roosevelt Elementary School, Franklin Classical Middle School and Polytechnic High School. 1101 Atlantic Avenue is a 0-bed, 0-bath, 5,356 sqft mixed use property built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Advance Estate Realty, Benny Huynh, DRE #01756802; Advance Estate Realty, Minh Pham, DRE #01924281

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.