$10,000
closing credit¹
801 Atlantic Ave Long Beach, CA 90813
Property details
About 801 Atlantic Ave
$40,000 Price Reduction!! Attractively priced at 12.7 GRM, a 5.2% cap rate with upside, and gross scheduled rents of $112,620 per year. Three of the four units will be occupied. The 2-bedroom, 1-bath unit is ready for an owner to move in or for an investor to choose a tenant and secure market rent! 801 Atlantic Ave, Long Beach is a beautifully renovated 4-unit multifamily property perfect for both investors and owner-occupants. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof!
Highlights
Summary
- MLS Number: SB24227269
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (650) 549-4849
- Listing Agent: Christopher Crosby
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: 2/8/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,435,000
801 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 |
|---|---|---|
| May 16, 2023 | Home Sold | $1,100,000 |
| Jul 11, 2001 | Home Sold | $352,500 |
| Dec 21, 1999 | Home Sold | $295,000 |
| Aug 17, 1999 | Home Sold | $153,000 |
| Jan 06, 1998 | Home Sold | $295,000 |
| Dec 24, 1997 | Home Sold | $163,000 |
| Aug 31, 1994 | Home Sold | $143,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,120,360 | $14,916 |
| 2023 | $500,868 | $7,222 |
| 2022 | $491,055 | $6,795 |
| 2021 | $481,435 | $6,635 |
| 2020 | $476,143 | $6,539 |
| 2019 | $466,808 | $6,341 |
| 2018 | $457,656 | $6,273 |
| 2017 | $448,684 | $6,273 |
History based on county public records data.
Nearby schools
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.2 mi
•515 Lime Ave
5
Oropeza Elementary School
Public District KG-5
0.3 mi
•700 Locust Ave
6
Lincoln Elementary School
Public District KG-5
0.5 mi
•1175 E 11th St
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 $31,923. The majority of Long Beach, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Boston Market
Jack In The Box
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
This home is located at 801 Atlantic Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This 3,312 square foot home, which was built in 1914, sits on a 0.07 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 6, 2024 and is currently priced at $1,435,000.
In January 2025, from all listings sold in Long Beach, CA there were more than 63 sold above asking price, over 53 sold below and more than 35 were sold right at the asked price. The number of homes for sale in Long Beach, CA increased by 5.6% between December and January 2025. While the average time on the market in January 2025 was 42 days, the median list price was $825,147.