3 months on rocket

801 Atlantic Ave, Long Beach, CA, 90813

$1,475,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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801 Atlantic Ave, Long Beach$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1914
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #SB24159267
Lot Size0.07 Acres
StatusActive

About 801 Atlantic Ave

**SELLER OFFERING $15,000 TOWARDS INTEREST RATE BUY-DOWN FOR BUYER** Welcome to 801 Atlantic Ave, Long Beach, CA – a stunningly 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! Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5.0% cap rate, and an 8% upside in rents. Additionally, unit 807 (3bd 1ba) and unit 803 (2bd 1ba) will be available at close of escrow, ideal for an owner-occupant or investor to select their tenant and capture market rent!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 2

Listing Office:

  • Office Name: Buckingham Investments, Inc
  • Office Phone: (650) 549-4849
  • Listing Agent: Christopher Crosby

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: E 8th St and Atlantic Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000

Tax Information:

  • Annual Amount: $6,635
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

801 Atlantic Ave vs Long Beach

112 DAYS ON ROCKET

+78 Days

$1,475,000

+$650.3K More

KEY TAKEAWAY

This property is $650.3K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24159267

Listing Office:

  • Office Name: Buckingham Investments, Inc
  • Office Phone: (650) 549-4849
  • Listing Agent: Christopher Crosby

IDX 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: 11/26/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 11, 2001Home Sold
$352,500
Dec 21, 1999Home Sold
$295,000
Aug 17, 1999Home Sold
$153,000
Jan 06, 1998Home Sold
$295,000
Dec 24, 1997Home Sold
$163,000
Aug 31, 1994Home Sold
$143,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,635$481,435
2020$6,539$476,143
2019$6,341$466,808
2018$6,273$457,656
2017$6,273$448,684

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1808568
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-1808569
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-1808570
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,923. The most common annual income of people living in Long Beach, CA is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90813›801 Atlantic Ave

This home is located at 801 Atlantic Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1914, sits on a 0.07 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $1,475,000.

Long Beach, CA housing market in October 2024 saw over 94 listings sold above listed price, more than 35 sold at listed price and over 83 sold below. In October 2024 in Long Beach, CA there were 0.1% less homes for sale than in September 2024. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $824,667.

From Rocket Homes Real Estate and based on county public records data.

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