$1,350,000
3
beds
3
baths
2,176
square ft

1967 Atlantic Avenue
Long Beach, California 90806

Closed / MLS #PW24046763 / Multiple Unit (2-4) / Long Beach
Listing information updated 12/5/2024 at 6:54am
Now priced at an amazing price of $1,350,000. This remarkable 4-plex in Long Beach is not just another property-it's a lucrative venture waiting to be seized. Boasting an impressive gross income of $126,000 per year, this gem stands out as one of the most profitable 4-unit properties on the market. Here's what makes this property truly exceptional: Brand New ADU with EV Charging: Built with precision in 2023, this additional dwelling unit offers modern amenities and the convenience of electric vehicle charging-a forward-thinking feature that adds significant value. Diverse Rental Portfolio: With one fully operating Airbnb unit and three fully furnished units catering to traveling nurses on short-term rentals, this property offers a versatile income stream. While all units can be delivered vacant upon request, the substantial income generated makes it an enticing proposition to retain the existing tenants. Modern Comforts: Each unit is equipped with its own washer and dryer, along with brand new appliances, ensuring convenience and quality living for tenants. Ample Parking: Say goodbye to parking woes with generous off-street parking, providing convenience for both residents and guests. Comfortable Living Spaces: Enjoy year-round comfort with AC mini-splits installed in all four units, ensuring a pleasant environment regardless of the season. Comprehensive Renovation: With new electrical, plumbing, windows, and smooth stucco, this property has undergone a full remodel and rebuild in 2023. From top to bottom, every detail has been meticulously crafted to offer a turnkey, move-in ready experience. Say goodbye to maintenance headaches-this property promises hassle-free ownership. Don't miss out on this rare opportunity to own a high-income-generating property that's not only profitable but also meticulously designed for long-term success. Whether you're a seasoned investor or new to the market, this 4-plex offers an unparalleled combination of income potential and modern amenities-a truly exceptional investment opportunity in Long Beach.

Listing Office: Sage Real Estate

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

Map of 1967 Atlantic Avenue, Long Beach, CA 90806

1967 Atlantic Avenue is a multiple unit (2-4) which sold for $1,350,000. 1967 Atlantic Avenue features 3 Beds, 3 Baths. This multiple unit (2-4) has been listed on Christie's International Real Estate Sereno since March 8th, 2024 and was built in 1922.

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