4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110,000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property is individually metered for gas and electricity. Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! Reach out today!
Listed by Christopher Crosby
·
License #02116879
·
Buckingham Investments, Inc
·
650-549-4849
Last updated August 01, 2025
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Source: CRMLS #SB25172724
Listing Facts
TypeMulti-family
NeighborhoodSaint Mary
Bedrooms10
Bathrooms4
Days on Prevu111
Size3,312 sqft
Price per sqft$419
Location
Mortgage Calculator
Listing History
10/29/2025
Status changed to Active
$1,389,000
10/21/2025
Status changed to Removed from Feed
$1,389,000
10/21/2025
Status changed to Active
$1,389,000
10/19/2025
Status changed to Removed from Feed
$1,389,000
10/18/2025
Status changed to Active
$1,389,000
10/16/2025
Status changed to Removed from Feed
$1,389,000
10/05/2025
Status changed to Active
$1,389,000
10/03/2025
Status changed to Removed from Feed
$1,389,000
09/21/2025
Status changed to Active
$1,389,000
09/19/2025
Status changed to Removed from Feed
$1,389,000
09/18/2025
Status changed to Active
$1,389,000
09/17/2025
Status changed to Removed from Feed
$1,389,000
09/16/2025
Status changed to Active
$1,389,000
09/15/2025
Status changed to Removed from Feed
$1,389,000
09/12/2025
Status changed to Active
$1,389,000
09/06/2025
Status changed to Removed from Feed
$1,389,000
09/05/2025
Status changed to Active
$1,389,000
09/04/2025
Status changed to Removed from Feed
$1,389,000
09/01/2025
Status changed to Active
$1,389,000
08/29/2025
Status changed to Removed from Feed
$1,389,000
07/31/2025
Listed by Buckingham Investments, Inc
$1,389,000
Property Details for 801 Atlantic Avenue
Association
Amenities
Community Features: Urban
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Flat
Stories: 2
Stories Total: 2
Structure Type: Quadruplex
Year Built: 1914
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Street/1
Measurements
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.06
Lot Size Area: 3,001
Lot Size Source: Assessor
Lot Size Square Feet: 3,001
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 7274016016
Interior
Features
Interior Features: Quartz Counters, Unfurnished, Bedroom On Main Level, Main Level Primary
Measurements
Living Area: 3,312
Living Area Source: Assessor
Living Area Units: Square Feet
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 10
Main Level Bathrooms: 4
Main Level Bedrooms: 6
Other
Location
Subdivision Name: Downtown (DT)
Tax Block: 21
Tax Lot: 4
Parking
Parking
Parking Features: None, On Street
Schools
High School
High School District: Long Beach Unified
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.