1491 Atlantic Avenue, Long Beach, CA 90813
1491 Atlantic Avenue, Long Beach, CA 90813
1491 Atlantic Avenue, Long Beach, CA 90813
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Tyler Leeson • Marcus & Millichap RE Invest
$2,850,000
Est. payment /mo
6,845 SqFt
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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,845 sqft

Price per Sqft $416

Subdivision Poly High

MLS Listing ID OC-26138156

Year Built 2022

Lot Size 6,969 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Heating Solar

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 6.0

Pool None

Community Features Curbs, Gutters, Sidewalks, Street Lights

Building

Lot Description Level with Street

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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1491 Atlantic Avenue