1844 Atlantic Avenue,Long Beach, CA 90806
Long Beach, CA 90806
Description
Rarely does a mixed-use property offer this much flexibility, visibility, and income potential. Positioned along a highly visible stretch of Atlantic Avenue with 30,000+ vehicles passing by each day, this unique property combines three street-facing commercial spaces, residential living, and a recently completed garage-conversion ADU into one compelling opportunity. For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value. The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy. That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate. Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling. High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value. This is not a one-size-fits-all property. That is exactly what makes it so interesting.
Details
| MLS # | SB26183509 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 13 |
| Listing Provided By | eXp Realty of California, Inc | Edward Kaminsky |
Features
| SQ Feet | 4,554 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | LBPD25 |
| Acreage | 0.11 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, High Ceilings, Quartz Counters, All Bedrooms Down, Bedroom On Main Level |
Exterior
| Roof | Other |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Level |
Parking
| Parking Features | Assigned, One Space, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90806 |
| Area | 9 Poly High |
| Community Name | Poly High (PH) |
| Listing VS Median (in Poly High (PH)) | |
Price: $1,100,000 low | high Med: $695,000 sqft: 4,554 low | high Med: 1,345 $ / sqft: $242 low | high Med: $517 On site: 13 low | high Med: 9 | |
Market Activity 90806
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90806 |
| Area | 9 Poly High |
| Community Name | Poly High (PH) |
| Listing VS Median (in Poly High (PH)) | |
Price: $1,100,000 low | high Med: $695,000 sqft: 4,554 low | high Med: 1,345 $ / sqft: $242 low | high Med: $517 On site: 13 low | high Med: 9 | |
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