1101 Atlantic Avenue Long Beach, CA ^$ 2,600,000

1101 Atlantic Avenue

^$ 2,600,000

Back to search

1101 Atlantic Avenue

Long Beach, CA, 90813

^$ 2,600,000

Studio Baths0.0 Sq 5,356

Monthly Estimate*

^$ 18,162

Listed by Advance Estate Realty

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 1

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 2

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 3

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 4

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 5

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 6

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 7

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 8

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 9

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 10

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 11

1101 Atlantic Avenue, Long Beach, CA 90813 - Image 12

Studio

Commercial Property for sale in Long Beach, CA

for $2,600,000. This 5,356 square foot building was built in 1942 on a lot size of 0.2708.

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.

Commercial Active

Price

^$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.2708

Year Built

1942

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24077224

Days on Market

Features

Exterior

Lot Features Item01UnitAcre

Water Source Public

Lot Size Area 11795.0

Number of Buildings 2

Spa N

Building Area Total 5356.0

Lot Size Acres 0.2708

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1942

Property SubType MixedUse

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Corner of Atlantic and W10th st

City Long Beach

View Y/N N

Senior Community Y/N N

Total Units 9

MLS Area 7 - North Long Beach

Lot Size Square Feet 11795.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 9

Street Name Atlantic

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 16

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Property Sub Type Additional MixedUse

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1101

* Excluded Features

List By

Advance Estate Realty

Broker

(714) 757-6283

Phone

Affordability Calculator

$18,162

Per Month

Monthly Principal & Interest: $18,162
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,599,254

Percent of Sale Price 38%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$2,600,000	-3.70%	Price Down
4/20/2024	$2,700,000		Listed Price

Map

More homes like this one

homes for you

See all

1101 Atlantic Avenue, Long Beach, CA, 90813 is a Commercial Property for sale at $2,600,000 with 5,356 sqft and a lot size of 0.2708. 1101 Atlantic Avenue is a studio with 0.0 baths and was built in 1942. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1101 Atlantic Avenue

Commercial Property for sale in Long Beach, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home