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For Sale

$879,000

4,722 sqft$186/sqft23 days on market

5949 Atlantic Avenue

Long Beach, CA 90805

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

4,722

Square feet

1959

Built

Listing narrative

Description

Excellent Investment Opportunity – Triplex with ADU potential! Welcome to this versatile triplex with ADU potential, ideally situated in a highly desirable rental area. This property presents an excellent opportunity for investors seeking to expand their portfolio or owner-occupants looking for rental income to offset costs. The front of the property features a very spacious, updated barbershop with modern finishes and a big screen TV, creating an inviting and contemporary space. Toward the rear of the building are two one-bedroom units, both spacious and featuring select upgrades. Adding more value is a very large garage/storage building, presenting exciting potential for a future ADU. The property also offers four parking spaces, adding convenience and always a valuable commodity. With new construction homes just one block away, this property presents an investment opportunity in a neighborhood with ongoing development. Conveniently located, it is minutes from Bixby Knolls, Trader Joe’s, shopping, parks, and easy freeway access. With existing rental income, ample parking, and the potential to further maximize the property’s value, this triplex offers flexibility and future upside, making it a great opportunity for both investors and owner-occupants seeking long-term growth.

Listing agent (MLS): Denise Reesha · Listing brokerage (MLS): Keller Williams Pacific Estate

Property Details

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Price

$879,000

Beds

Beds n/a

Type

Multi-Family

Home Size

4,722 sqft

Baths

Baths n/a

Lot Size

0.11 acres

Year

1959

Neighborhood

North Long Beach

Status

For Sale

Days on Market

23

$ / Sqft

$186

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Pacific Estate