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$ 1,350,000
Est. payment /mo
Active
4445 Atlantic Avenue Long Beach, CA 90807
2 Beds
1 Bath
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26161764
Bedrooms 2
Lot Size 7,840 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4445 Atlantic Avenue is a 4-unit multifamily investment opportunity located in the highly desirable Bixby Knolls neighborhood of Long Beach. Constructed in 1946, the property sits on a 0.18-acre parcel and features approximately 3,256 net rentable square feet. The unit mix consists exclusively of 4 two-bed/one-bath units. Parking is provided through 4 garage spaces, creating a ratio of one garage space per unit. The parking is separately monetized, providing an additional revenue stream beyond the propertys residential rents. The property is positioned directly across Atlantic Avenue from Bixby Knolls Shopping Center, a major neighborhood retail destination anchored by Smart & Final Extra! and Marshalls, with numerous additional restaurants, retailers and service-oriented businesses. Residents are also within walking distance of ALDI and the year-round Uptown Bixby Knolls Certified Farmers Market, providing convenient access to groceries, prepared foods and other everyday necessities. Located just north of California Heights, Long Beachs largest historic district, the property benefits from its position along the revitalized Atlantic Avenue commercial corridor. The surrounding area has developed into a popular dining and entertainment destination featuring local establishments such as Bixby Provisions, Dutchs Brewhouse, Lolas Mexican Cuisine, Sushi Nikkei and the longstanding Bake n Broil. The corridor is also home to the EXPO Arts Center and the monthly First Fridays Art Walk, which brings together local restaurants, retailers, artists and residents.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Streets of Atlantic Avenue & East San Antonio Drive
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7134023017
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
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