Active
1101 Atlantic 1101-1109
Long Beach CA, 90813
$3,200,000
$271.30 per sqft
Active
11,795 sqft
Commercial
Built in 1930
Listed by Kadiha Argumedo with Partners Real Estate Group 714-528-3100
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.
PW25013297
MLSⓇ ID
January 18, 2025
Listed
January 20, 2025
Updated
Map
1101 Atlantic 1101-1109
Long Beach CA, 90813
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
6-10 Units/Acre, Corner Lot
Other Property Details
Area Name
699 - Not Defined
Days on Market
1
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 714-528-3100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/20/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/20/2025 at 2:46 AM UTC