1491 Atlantic Ave Long Beach, CA 90813
Central NeighborhoodEstimated payment $16,972/month
Highlights
- Solar Heating System
- Level Lot
- 2-minute walk to Peace Park
- Long Beach Polytechnic High School Rated A
- Heating Available
About This Home
1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 06/24/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 2022
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 6 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,845 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Solar Heating System
- Heating Available
Listing and Financial Details
- Tax Lot 51
- Tax Tract Number 575300
- Assessor Parcel Number 7269031017
- $1,297 per year additional tax assessments
Community Details
Overview
- 5 Units
- Poly High Subdivision
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,026
- Fuel Expense $1,026
- Insurance Expense $4,000
- Maintenance Expense $5,000
- Professional Management Expense $9,562
- Trash Expense $1,026
- Water Sewer Expense $1,026
- New Taxes Expense $32,743
- Operating Expense $60,506
- Gross Income $201,300
- Net Operating Income $130,729
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $34,967 | $2,653,020 | $1,061,208 | $1,591,812 |
| 2024 | $33,388 | $2,601,000 | $1,040,400 | $1,560,600 |
| 2023 | $5,278 | $377,145 | $377,145 | $0 |
| 2022 | $4,961 | $369,750 | $369,750 | $0 |
| 2021 | $3,672 | $262,794 | $262,794 | $0 |
| 2020 | $3,419 | $260,100 | $260,100 | $0 |
| 2019 | $3,379 | $255,000 | $255,000 | $0 |
| 2018 | $3,241 | $239,700 | $239,700 | $0 |
| 2016 | $4,581 | $280,772 | $143,507 | $137,265 |
| 2015 | $3,337 | $276,556 | $141,352 | $135,204 |
| 2014 | $3,318 | $271,140 | $138,584 | $132,556 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | Price Changed | $2,580,000 | -9.5% | $377 / Sq Ft | |
| 06/24/2026 06/24/26 | For Sale | $2,850,000 | 0.0% | $416 / Sq Ft | |
| 05/28/2026 05/28/26 | Rented | $2,295 | 0.0% | -- | |
| 03/19/2026 03/19/26 | For Rent | $2,295 | 0.0% | -- | |
| 03/07/2023 03/07/23 | Sold | $2,550,000 | 0.0% | $373 / Sq Ft | View Prior Sale |
| 01/17/2023 01/17/23 | Off Market | $2,550,000 | -- | -- | |
| 01/17/2023 01/17/23 | Pending | -- | -- | -- | |
| 12/09/2022 12/09/22 | Price Changed | $2,625,000 | -2.8% | $383 / Sq Ft | |
| 10/11/2022 10/11/22 | For Sale | $2,700,000 | +1048.9% | $394 / Sq Ft | |
| 11/02/2016 11/02/16 | Sold | $235,000 | -6.0% | $104 / Sq Ft | View Prior Sale |
| 10/26/2016 10/26/16 | Pending | -- | -- | -- | |
| 10/14/2016 10/14/16 | For Sale | $250,000 | -- | $111 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,550,000 | First American Title | |
| Grant Deed | $362,500 | First American Title Company O | |
| Grant Deed | -- | None Available | |
| Grant Deed | $235,000 | None Available | |
| Grant Deed | $225,000 | American Title Co | |
| Grant Deed | $179,000 | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,465,000 | New Conventional | |
| Previous Owner | $1,451,460 | Construction | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $320,000 | Unknown | |
| Previous Owner | $221,523 | FHA | |
| Previous Owner | $177,810 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26138156
APN: 7269-031-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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