logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
53 Photos
icon
icon icon
6089 Atlantic Avenue
USD 1,475,000
Property ID: PW24251736
icon
6089 Atlantic Avenue ,90805
icon --
icon 4259 SqFt
icon Built in 1953
icon USD 346/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2670
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1953
See more icon
Detailed Introduction Of This Home
Introducing 6089 Atlantic Ave – A Turnkey 4-Plex Investment Opportunity! This beautifully remodeled 4-unit property is a rare gem in Long Beach, offering both newly constructed ground-floor units and fully renovated top-floor units. With a mix of two 3-bedroom, 2-bath units (735 sq. ft. each) and two 2-bedroom, 1-bath units (600 sq. ft. each), this property delivers modern living spaces that are move-in ready. Key Features: All units available for you to take full control by setting new market rents from day one. Using the City of Long Beach Housing Authority payment standards, the projected annual income is $139,608. Strong Financials: Enjoy a projected cap rate above 6.5% and a gross rent multiplier of 10.5, based on potential market rents. Turnkey Condition: All units have been upgraded with top-to-bottom renovations, including in-unit laundry hookups and energy-efficient mini-split systems. Parking: Ample parking is available in both the front and rear of the property. Zoning & Development Potential: This property is situated in an RMU-3-A zoning area, allowing for high-density residential development. Options include: Re-permit the ADU as a primary unit by paying applicable fees. Add up to 3-4 detached ADUs in the front or center open spaces for additional rental income. Maximize Density: Explore the potential to develop 30-50 units with density bonuses, making this property an excellent covered land play for future growth. Whether you’re looking for a fully renovated, income-generating property or a site with incredible redevelopment potential, 6089 Atlantic Ave checks all the boxes. Don’t miss this unique opportunity to invest in Long Beach's thriving real estate market. Contact us today for more details or to schedule a showing!
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
25200 E Avenue K-8
25200 E Avenue K-8
icon 25200 E Avenue K-8
435293 SqFt  / 0 Bed  / --
USD 9,900
999 N Doheny Drive #212
999 N Doheny Drive #212
icon 999 N Doheny Drive #212
0 SqFt  / 1 Bed  / 1 Full Bas
USD 1,295,000
1400 W 13th Street #171
1400 W 13th Street #171
icon 1400 W 13th Street #171
0 SqFt  / 3 Beds  / 2 Full Bas
USD 249,000
1573 Napa Court
1573 Napa Court
icon 1573 Napa Court
8712 SqFt  / 3 Beds  / 2 Full Bas
USD 485,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 53
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (53)
icon
icon
banner
6089 Atlantic Avenue
USD 1,475,000 0 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder