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2248 ATLANTIC AVENUE, LONG BEACH, CA 90806

  • $849,500 
  • 0Beds
  • 0Baths
  • Sqft
  • Style
  • Commercial
  • Listed Date 03/04/2014
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  • Open House
  • NEWLY PRICED
  • Luxury
  • Pending
  • New Listing 03/04/2014
  • Coming Soon
  • Sold
  • Rental
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Interested in this property

Solid investment property in an active, non-rent controlled rental market. This is a two story sixties apartment with eight separately metered units consisting of six 1bed/1bath apartments and two 2bed/1bath apartments. There is a coin operated laundry system and six private garages that generate additional income. Lots of value-add and upside potential. The building is located in the heart of one of the strongest rental markets of Southern California. Minutes away from the 405 and 710 freeways and close to major public transportation lines, tenants have access to Orange County and Los Angeles. The employment market is robust due to proximity to Memorial Hospital, LBCC, CSULB, the LBG Airport, and the Deukmejian Court House.. Comments Title: 8 Unit Multi-Family Prime Investment Opportunity.

Listing courtesy of: Lindsey Knobloch, Keller Williams Pacific Estat
  • Property type: Commercial
  • Status: Active Under Contract
  • List Price: $849,500
  • MLS# CC333642
  • Beds: 0
  • Baths: 0
  • Listed: 03/04/2014
  • Sqft:
  • Accounting Type: Actual
  • Lot Size Acres: 0.11
  • Age: 52
  • Attached Garage YN: No
  • Auto Sold YN: No
  • Building Area Total: 5046
  • Building Name: 2248 Atlantic Ave
  • Building Status: Existing
  • Construction Materials: Stucco
  • Cooling YN: No
  • County Or Parish: Los Angeles
  • Heating YN: No
  • Fireplace YN: No
  • Foreclosure YN: No
  • New Construction YN: No
  • Pool YN: No
  • REO or Bank Owned YN: No
  • Laundry Features: Community
  • WaterWellYN: No
  • Year Built: 1964

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Nearby Schools

signal hill elementary school (k-5)
2285 walnut ave
long beach, CA 90755
place0.72 miles from listing, web Website 23 students per teacher Educational climate index: average
30 staff members 716 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%
robinson academy (k-5)
2750 pine ave
long beach, CA 90806
place0.72 miles from listing, web Website 22 students per teacher Educational climate index: below average
45 staff members 1000 total students Poverty level:16 - 29.9 percent percent Enrollment change: +10% to +15%
lafayette elementary school (k-5)
2445 chestnut ave
long beach, CA 90806
place0.69 miles from listing, web Website 30 students per teacher Educational climate index: below average
33 staff members 1000 total students Poverty level:16 - 29.9 percent percent Enrollment change: +10% to +15%
burnett elementary school (k-5)
565 e hill st
long beach, CA 90806
place0.09 miles from listing, web Website 28 students per teacher Educational climate index: below average
26 staff members 747 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%
washington middle school (k-5)
1450 cedar ave
long beach, CA 90813
place1.07 miles from listing, web Website 23 students per teacher Educational climate index: low
42 staff members 980 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%
polytechnic high school (k-5)
1600 atlantic ave
long beach, CA 90813
place0.76 miles from listing, web Website 24 students per teacher Educational climate index: low
200 staff members 4916 total students Poverty level:16 - 29.9 percent percent Enrollment change: +1% to +5%
new city school (k-5)
1230 pine ave
long beach, CA 90813
place1.20 miles from listing, web Website Not Reported students per teacher Educational climate index: low
10 staff members 571 total students Poverty level:16 - 29.9 percent percent Enrollment change: +20% to +50%
renaissance high school for the arts (k-5)
235 e 8th st
long beach, CA 90813
place1.51 miles from listing, web Website 28 students per teacher Educational climate index: low
19 staff members 532 total students Poverty level:16 - 29.9 percent percent Enrollment change: +10% to +15%
holy innocents elementary school (k-5)
2500 pacific ave
long beach, CA 90806
place0.66 miles from listing, web Website 21 students per teacher Educational climate index: below average
9 staff members 155 total students Poverty level:16 - 29.9 percent percent Enrollment change:
st. lucy school (k-5)
2320 cota ave
long beach, CA 90810
place1.82 miles from listing, web Website 18 students per teacher Educational climate index: below average
12 staff members 206 total students Poverty level:16 - 29.9 percent percent Enrollment change:
first baptist church school (k-5)
1000 pine ave
long beach, CA 90813
place1.39 miles from listing, web Website 14 students per teacher Educational climate index: low
15 staff members 187 total students Poverty level:16 - 29.9 percent percent Enrollment change:
st. anthony elementary school (k-5)
855 e 5th st
long beach, CA 90802
place1.74 miles from listing, web Website 15 students per teacher Educational climate index: average
8 staff members 220 total students Poverty level:16 - 29.9 percent percent Enrollment change:
grace christian schools (k-5)
3601 linden ave
long beach, CA 90807
place1.80 miles from listing, web Website 13 students per teacher Educational climate index: average
14 staff members 105 total students Poverty level:16 - 29.9 percent percent Enrollment change:
butler (mary) elementary (k-5)
1400 e 20th st
long beach, CA 90806
place0.73 miles from listing, web Website 16 students per teacher Educational climate index: below average
38 staff members 632 total students Poverty level:16 - 29.9 percent percent Enrollment change: +1% to +5%
regency high school (k-5)
490 w 14th st
long beach, CA 90813
place1.26 miles from listing, web Website 10 students per teacher Educational climate index: low
5 staff members 30 total students Poverty level:16 - 29.9 percent percent Enrollment change:
reid high school (k-5)
235 e 8th st
long beach, CA 90813
place1.51 miles from listing, web Website Not Reported students per teacher Educational climate index: low
11 staff members 409 total students Poverty level:16 - 29.9 percent percent Enrollment change: +15% to +20%
montessori on elm preschool + kindergarten (k-5)
930 elm ave
long beach, CA 90813
place1.38 miles from listing, web Website 7 students per teacher Educational climate index: low
4 staff members 28 total students Poverty level:not reported percent Enrollment change:
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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