6089 Atlantic Avenue

Long Beach, CA 90805

  • 10 Bed(s)
  • 6 Bath(s)
  • 2,670 Sqft
  • 4259
    Sqft(Lot)
$1,395,000

Description

Introducing 6089 atlantic ave – a turnkey 4-plex investment opportunity!



this beautifully remodeled 4-unit property is a rare gem in long beach, offering both newly constructed ground-floor units and fully renovated top-floor units. with a mix of two 3-bedroom, 2-bath units (735 sq. ft. each) and two 2-bedroom, 1-bath units (600 sq. ft. each), this property delivers modern living spaces that are move-in ready.



key features:

all units available for you to take full control by setting new market rents from day one. using the city of long beach housing authority payment standards, the projected annual income is $139,608.

strong financials: enjoy a projected cap rate above 7.0% and a gross rent multiplier of 10x, based on potential market rents.

turnkey condition: all units have been upgraded with top-to-bottom renovations, including in-unit laundry hookups and energy-efficient mini-split systems.

parking: ample parking is available in both the front and rear of the property.



zoning & development potential:

this property is situated in an rmu-3-a zoning area, allowing for high-density residential development. options include:

re-permit the adu as a primary unit by paying applicable fees.

add up to 3-4 detached adus in the front or center open spaces for additional rental income.

maximize density: explore the potential to develop 30-50 units with density bonuses, making this property an excellent covered land play for future growth.



whether you’re looking for a fully renovated, income-generating property or a site with incredible redevelopment potential, 6089 atlantic ave checks all the boxes. don’t miss this unique opportunity to invest in long beach's thriving real estate market.



contact us today for more details or to schedule a showing!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Modern,Traditional

  • AD ID

    48137243

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Windows: Double Pane Windows
    • Property Appliances: Electric Range
    • Flooring: Vinyl

    Cooling Features

    • Ductless
    • Air Conditioning

    Heating Source

    • Ductless
    • Has Heating

  • Building Information

    • Year Built: 1953
    • Building Area Total: 2,670

    Pool Features

    • None

    Laundry Features

    • Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0978
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 4259

  • Listing Price Information

    • Original List Price: 1,395,000
    • Listing Contract Date: 2024-12-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7125035016

  • Garage and Parking

    • Garage Description: Concrete,Driveway,On Site

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 7 - North Long Beach
    • Postal Code Plus 4: 3012
    • Directions: Atlantic & 61st
    • Zoning: LBCNA
    • Source Property Type: Residential Income
    • Area: 7 - North Long Beach
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 72
    • Common Walls: 2+ Common Walls
    • Property Condition: Updated/Remodeled,Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Owner
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 02/22/2025 @ 11:28

  • MLS: PW24251736
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 2,670 sqft, 4,259 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90805, this Los Angeles County Home , it is in the North Long Beach (NLB) Subdivision, are nearby neighborhoods.