2391 Atlantic Avenue

  • Long Beach

  • $1,750,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
****FULLY OCCUPIED, SIX-UNIT COMMERCIAL/APARTMENT BUILDING + AT&T CELL PHONE TOWER RENTAL FOR SALE*** 1 LIQUOR STORE + 1 SEPARATE TWO BEDROOM/ 1 BATH HOUSE + 4(SINGLE UNIT APARTMENTS ON A HIGHLY VISIBLE MAJOR STREET!!! ***OVER 10,000 CARS PASS-BY IN ONE DAY!! THE ENTIRE PROPERTY WAS RENOVATED TWO YEARS AGO. COMMERCIAL BUILDING IS LOCATED BETWEEN ATLANTIC AVENUE AND E. BURNETT STREET IN A PROMINENT LONG BEACH AREA. PROPERTY HAS GREAT UPSIDE INCOME. THIS BUILDING HAS ITS OWN PARKING AT THE REAR OF THE BUILDING. GREAT INVESTMENT OPPORTUNITY. HERE IS THE BREAKDOWN OF THE RENTAL UNITS: 2391 ATLANTIC AVENUE LONG BEACH, CA 90806 *JOE'S LIQUOR: $ 3,000.00 /MONTH, *AT&T CELL TOWER: $2,073.89 /MONTH, *SINGLE UNIT HOUSE: $ 1,055.00 /MONTH *APARTMENT#1: $ 1,000.00 /MONTH, *APARTMENT#2: $870.00 / MONTH, *APARTMENT #3: $920.00 /MONTH, *APARTMENT #4: $765.00 /MONTH. TOTAL MONTHLY INCOME IS AT $9,683.89 /MONTH. A GREAT RENTAL PROPERTY AT A BARGAIN PRICE. A TRUE MUST SEE, DON'T MISS OUT ON THIS ONE! THANKS. *VALUE OF THE AT&T CELL TOWER ITSELF $400K+ (MULTIPLE OFFERS BY ITSELF!!) *WON'T BE SOLD SEPARATELY!
Essential
MLS #PW18085944
Price Per SqFt$287.97
Sub-TypeMixed Use
CountyLos Angeles
StateCA
Area5 - Wrigley Area
StatusActive
Sale TypeStandard
Building StatusExisting
Listing BrokerageLeader One Realty
Listing AgentKee Jae Lee
Listing Agent BRE #01380713

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, June 21, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.