$10,000 Closing Credit¹
#OC25012592, Marina Leung, Listing Office: Coldwell Banker Realty
#PW24251736·
Listing Office: Sage Real Estate Group, Inc.·
Listing Agent: Juan Huizar·
Listing Office Phone: 562-307-0838
$1,395,000 List price
6089 Atlantic Ave Long Beach, CA 90805
$10,000
Closing credit¹
0.10 acres
Multi-Family
Property details
About 6089 Atlantic Ave
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!
Highlights
Home typeQuadruplex
HeatingDuctless
StatusActive
CoolingDuctless
Lot size0.0978 Acres
Year built1953
ParkingConcrete, Driveway, On Site
MLS #PW24251736
Summary
- MLS Number: PW24251736
- MLS Name: CRMLS
- Office Name: Sage Real Estate Group, Inc.
- Office Phone: (562) 307-0838
- Listing Agent: Juan Huizar
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,395,000
6089 Atlantic Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2023 | Home Sold | $680,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $680,000 | $9,510 |
| 2023 | $64,033 | $1,606 |
| 2022 | $62,778 | $1,490 |
| 2021 | $61,548 | $1,456 |
| 2020 | $60,917 | $1,429 |
| 2019 | $59,724 | $1,324 |
| 2018 | $58,554 | $1,352 |
| 2017 | $57,407 | $1,352 |
History based on county public records data.
Nearby schools
5
Grant Elementary School
Public District KG-5
0.7 mi
•1225 E 64th St
4
Bret Harte Elementary School
Public District KG-5
0.9 mi
•1671 E Phillips St
5
Addams Elementary School
Public District KG-5
0.9 mi
•5320 Pine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,656. The most common annual income of people living in Long Beach, CA is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
48%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
27%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#SR25009113, Aneta Ayrapetyan, Listing Office: Equity Union
$10,000 Closing Credit¹
#OC25028026, Michael Hsiao, Listing Office: Shaw Realty & Investment
$10,000 Closing Credit¹
#PW24251491, Audrey Flemmings, Listing Office: Berkshire Hathaway HomeServices California Properties
$10,000 Closing Credit¹
#DW25010267, Mary Robles, Listing Office: Pak Home Realty
New - 17 hours on Rocket
$10,000 Closing Credit¹
#OC25038018, Christal Churchwell, Listing Office: Decorum Properties & Investments, Inc
$9,500 Closing Credit¹
#PW24211181, Katherine Candelaria, Listing Office: KC Realty Group
$9,381 Closing Credit¹
#DW25012648, Marvin Garcia, Listing Office: ROA California Inc.
$9,025 Closing Credit¹
#PW25023399, Robbi Peele, Listing Office: First Team Real Estate
$7,778 Closing Credit¹
#PW24248235, Veronica Villegas, Listing Office: Karis Realty
This home is located at 6089 Atlantic Ave in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,395,000.
Long Beach, CA housing market in January 2025 saw over 63 listings sold above listed price, more than 35 sold at listed price and over 53 sold below. The number of listings in Long Beach, CA increased by 5.6% between December and January 2025. In January 2025 median list price was $825,147 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.