6089 Atlantic Ave Long Beach, CA 90805
DeForest Park Neighborhood
10
Beds
6
Baths
2,670
Sq Ft
4,259
Sq Ft Lot
Highlights
- Traditional Architecture
- Double Pane Windows
- Laundry Room
- No HOA
- Ductless Heating Or Cooling System
- East Facing Home
About This Home
As of April 2025Introducing 6089 Atlantic Ave – A Turnkey 4-Plex Investment Opportunity!
This beautifully remodeled 4-unit property is a rare gem in Long Beach, offering both newly constructed ground-floor units and fully renovated top-floor units. With a mix of two 3-bedroom, 2-bath units (735 sq. ft. each) and two 2-bedroom, 1-bath units (600 sq. ft. each), this property delivers modern living spaces that are move-in ready.
Key Features:
All units available for you to take full control by setting new market rents from day one. Using the City of Long Beach Housing Authority payment standards, the projected annual income is $139,608.
Strong Financials: Enjoy a projected cap rate above 7.0% and a gross rent multiplier of 10x, based on potential market rents.
Turnkey Condition: All units have been upgraded with top-to-bottom renovations, including in-unit laundry hookups and energy-efficient mini-split systems.
Parking: Ample parking is available in both the front and rear of the property.
Zoning & Development Potential:
This property is situated in an RMU-3-A zoning area, allowing for high-density residential development. Options include:
Re-permit the ADU as a primary unit by paying applicable fees.
Add up to 3-4 detached ADUs in the front or center open spaces for additional rental income.
Maximize Density: Explore the potential to develop 30-50 units with density bonuses, making this property an excellent covered land play for future growth.
Whether you’re looking for a fully renovated, income-generating property or a site with incredible redevelopment potential, 6089 Atlantic Ave checks all the boxes. Don’t miss this unique opportunity to invest in Long Beach's thriving real estate market.
Contact us today for more details or to schedule a showing!
Last Agent to Sell the Property
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 12/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,511
Year Built
- Built in 1953 | Remodeled
Lot Details
- 4,259 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Density is up to 1 Unit/Acre
Home Design
- Traditional Architecture
- Modern Architecture
- Quadruplex
- Turnkey
Interior Spaces
- 2,670 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Flooring
- Electric Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 17 / 1
- Tax Tract Number 6521
- Assessor Parcel Number 7125035016
- $809 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- North Long Beach Subdivision
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,000
- Water Sewer Expense $2,400
- New Taxes Expense $18,437
- Operating Expense $41,882
- Gross Income $139,608
- Net Operating Income $97,725
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2023
Sold by
Robertson Michelle
Bought by
Abc Urban 2 Llc
Current Estimated Value
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $680,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $81,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $1,407,500 | +0.9% | $527 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,395,000 | -5.4% | $522 / Sq Ft |
| 12/19/2024 12/19/24 | For Sale | $1,475,000 | +116.9% | $552 / Sq Ft |
| 11/13/2023 11/13/23 | Sold | $680,000 | +13.5% | $526 / Sq Ft |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/15/2023 08/15/23 | For Sale | $599,000 | -- | $463 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $9,511 | $693,600 | $306,000 | $387,600 |
| 2024 | $9,511 | $680,000 | $300,000 | $380,000 |
| 2023 | $1,606 | $64,033 | $28,012 | $36,021 |
| 2022 | $1,491 | $62,778 | $27,463 | $35,315 |
| 2021 | $1,456 | $61,548 | $26,925 | $34,623 |
| 2020 | $1,439 | $60,917 | $26,649 | $34,268 |
| 2019 | $1,429 | $59,724 | $26,127 | $33,597 |
| 2018 | $1,324 | $58,554 | $25,615 | $32,939 |
| 2016 | $1,281 | $56,282 | $24,621 | $31,661 |
| 2015 | $1,250 | $55,438 | $24,252 | $31,186 |
| 2014 | $1,598 | $54,353 | $23,777 | $30,576 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
104 Total Sales
-
A
Seller Co-Listing Agent in 2025
Andrea Swann
Swann Investments
(310) 464-7647
2 in this area
2 Total Sales
-
Buyer's Agent in 2025
Cecilia Hernandez
Cecilia Hernandez, Broker
(323) 420-9806
1 in this area
45 Total Sales
-
Seller's Agent in 2023
Nancy Deprez
Vista Sotheby's Int'l Realty
(310) 739-8272
3 in this area
146 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24251736
APN: 7125-035-016
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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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