1101 Atlantic , #1101-1109, Long Beach, CA 90813
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Listed Price :
$3,200,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1930
Property Description
1109 Atlantic Ave: A single-family home built in 1913, with approximately 1,136 square feet, on a lot size of 5,982 square feet. It has 3 bedrooms and 2 bathrooms with numerous upgrades.
1101 Atlantic Ave: This is a multi-family property with a large 4,220 square foot structure built in 1942, featuring 9 units, for multi-occupancy living.
Residential Development or Renovation;1109 Atlantic Ave could be renovated or rebuilt to serve modern housing needs, potentially increasing its value and appeal.
1101 Atlantic Ave offers a significant opportunity for multi-family housing, either through renovation or complete redevelopment into more modern apartment units. The existing structure already provides a foundation for multi-unit housing.
Billboard: The property notably features a billboard, adding a unique revenue stream or advertising opportunity.
Advertising Income: Leasing space on the billboard to businesses can provide a steady income stream. Given its location on Atlantic Boulevard, visibility is likely high, making it an attractive spot for advertisers.
Development Leverage: The billboard could be a key factor in negotiations or partnerships with developers or media companies interested in digital or physical sign advertising.
Mixed-Use Development: Considering the zoning and the nature of Atlantic Boulevard, there's potential for mixed-use projects combining residential with commercial spaces. Retail at street level with residential above could cater to the neighborhood's needs.
This property, with its residential structures and unique billboard feature, presents a multifaceted opportunity for investors, developers, or those looking to leverage both housing and advertising income in a vibrant part of Long Beach.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
1101 Atlantic , #1101-1109 |
| City |
Long Beach |
| State |
CA |
| Zip |
90813 |
| County |
Los Angeles |
| Listing Agent |
Kadiha Argumedo DRE #02232706 |
| Courtesy Of |
Partners Real Estate Group |
| List Price |
$3,200,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
6,098 |
| Year Built |
1930 |
Listing information courtesy of: Kadiha Argumedo, Partners Real Estate Group. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 20th, 2025 at 2:27 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.
