Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90813 712 Atlantic Avenue

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Presented By: Laura Milshteyn with Douglas Elliman;
  • MLS# 25507045
  • 03/05/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 8
  • SQFT • 4,222
  • Garage • 1
  • Year Built • 1920

Home Details

Keller Williams is proud to present the exclusive listing of712-724 Atlantic Ave., Long Beach, CA 90813, a well-located 8-unit multifamily property situated in the vibrant city of Long Beach, California. This value-add opportunity presents an attractive investment for buyers seeking to capitalize on the strong demand for rental housing in one of Southern California's most dynamic markets. The property is comprised of eight units, offering a mix of floor plans, and is positioned in a prime location with excellent access to major transportation routes, employment hubs, and local amenities. The property is currently underperforming relative to market rents, providing significant upside potential through strategic renovations, operational improvements, and optimized management. With its central location and strong market fundamentals, this asset is poised to deliver substantial cash flow and long-term appreciation.
Presented By: Laura Milshteyn with Douglas Elliman;

Interior Features for 712 Atlantic Avenue

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths8
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Total Stories2

General for 712 Atlantic Avenue

Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator
Attached Garage No
Cap Rate6.68
Carport Y/NNo
CityLong Beach
CoolingWallWindowUnits
CountyLos Angeles
DirectionsExit onto Atlantic Ave and head south. Continue driving until you reach 712 Atlantic Ave on the right. From downtown Long Beach: Head east on Ocean Blvd, turn left onto Alamitos Ave, then right onto At
Electric On Property Y/NNo
Full Baths
Garage Spaces1.0
Garage Y/NYes
Gross Income153600.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5001.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income110289.0
New ConstructionNo
Number Of Units Total8
Occupancy TypeTenant
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas
ViewCityLights
Waterfront Y/NNo
Year Built1920
ZoningLBCO

Exterior for 712 Atlantic Avenue

Building Area Total4222.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x100
Lot Size Acres0.1148
Lot Size Area5001.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking1.0

Additional Details

Price History

Justin Hughey

Price $1,650,000
MLS#25507045
List Date 03/05/2025
Property Type Multi-Family
Request Tour
Request Info

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