Long Beach, CA 90813 1101 Atlantic Avenue
$2,600,000
7 more
Presented By: Benny Huynh with Advance Estate Realty; 714-757-6283
Home Details
AMAZING COMMERCIAL INCOME OPPORTUNITY! 1101-1109 Atlantic, prime corner lot in downtown Long Beach. A developer's dream, 2 separate buildings in one lot, 5 units 1 bed/1 bath each, 1 studio and a duplex with 2 beds/1 bath. Totaled of 8 units on the first parcel and the second parcel has a 3 beds/ 2 baths house. 2 separate parcels will be sold as one. Building is right across from Dignity Health St. Mary Medical hospital. Close to shopping plaza, plenty of authentic restaurants, and freeways. Steady fix and potential growth rental income yearly. Opportunity to develop the 2 parcels into a 4-5 stories apartment building that could produce a huge income profit.
Presented By: Benny Huynh with Advance Estate Realty; 714-757-6283
Interior Features for 1101 Atlantic Avenue
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 1101 Atlantic Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
CountyLos Angeles
Days on Market16
DirectionsCorner of Atlantic and W10th st
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet11795.0
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased9
Occupancy TypeOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAtlantic
Total Units9
View Y/NNo
Waterfront Y/NNo
Year Built1942
Exterior for 1101 Atlantic Avenue
Building Area Total5356.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.2708
Lot Size Area11795.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480