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$2,850,000
New Listing

1491 Atlantic Avenue
Long Beach, CA 90813

For Sale|Apartment|Active
0
Beds
0
Total Baths
6,845
SqFt
$416
/SqFt
2022
Built
Subdivision:
Poly High (PH)
County:
Los Angeles
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]
1491 Atlantic Avenue1491 Atlantic Avenue1491 Atlantic Avenue1491 Atlantic Avenue
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Monthly Payment (Est.)

$13,003
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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.

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Listing Snapshot
Price 
$2,850,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,845 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
2022
MLS® Number 
OC26138156
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.16
Garage 
Yes
Garage Spaces 
6
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6845
Water Source 
Public
Interior Features
Heating 
Active SolarSolar
Laundry Features 
Washer HookupGas Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
9 - Poly High


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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