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1491 Atlantic Ave

long beach, CA 90813

$2,850,000

    Interested? Let's Connect

    1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

    Details

    6,845 Sq Ft

    6,969.6 Sq Ft Lot Size

    apartment

    Built in 2022

    MLS/Listing ID OC26138156

    5 Units

    Amenities & Features

    Gas Dryer Hookup

    Lot - Street Level

    Public Sewer

    Public Water

    Community - Street Lights

    Community - Sidewalks

    Community - Gutters

    Community - Curbs

    Heating - Solar

    Washer Hookup

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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