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For Sale

$955,000

6,909 sqft$138/sqft613 days on market

1331 Atlantic Avenue

Long Beach, CA 90813

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,909

Square feet

1911

Built

Listing narrative

Description

THIS IS A MIX-USE (RMU4 A-Series), consisting of front commercial (1329 Atlantic-currently used as Hair Salon) and recently renovated CRAFTSMAN 4 bedroom, 2 bath home (County shows 3 bedrooms) at the rear (1331 Atlantic). Steps from transportation, shopping, St. Mary’s hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. Plenty of off street parking House has newer roof, double pane windows, kitchen with quartz countertop, W/D included, newer central furnace, fully fenced, plus many other upgrades. One bedroom has a separate entry and can be used as an office or…. Commercial can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL. DO NOT DISTURB TENANTS Buyer to investigate other uses such as redevelopment, student/elderly housing, etc.. Fireplace not functional. Commercial unit has Ductless AC. BONUS 1: Oil and gas royalties are included in the sale. BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density of up to 5 stories + ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. See also: OC25046753, OC25048259 The information provided here is deemed reliable but is not guaranteed. Buyer is advised to independently verify any and all information related to the property. Owner/Agent

Listing agent (MLS): Khosrow Shirzad · Listing brokerage (MLS): Khosrow Shirzad, Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$955,000

Beds

Beds n/a

Type

House

Home Size

6,909 sqft

Baths

Baths n/a

Lot Size

0.16 acres

Year

1911

Neighborhood

Other

Status

For Sale

Days on Market

613

$ / Sqft

$138

· 8% down, 7% APR, 30yr fixed
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Courtesy of Khosrow Shirzad, Broker