6082 Atlantic Avenue, Long Beach, CA 90805
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Listed Price :
$1,200,000
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Beds :
0
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Baths :
-
Property Size :
6,000 sqft
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Year Built :
1935
Property Description
We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.
Interior Features
Interior Information |
Cooling Type |
None |
Listing Information
Address |
6082 Atlantic Avenue |
City |
Long Beach |
State |
CA |
Zip |
90805 |
County |
Los Angeles |
Listing Agent |
Neema Ahadian DRE #01346750 |
Courtesy Of |
Marcus & Millichap |
List Price |
$1,200,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
6,000 |
Lot Size |
9,341 |
Year Built |
1935 |
Listing information courtesy of: Neema Ahadian, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.