801 Atlantic Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated payment $8,643/month
Highlights
- Main Floor Primary Bedroom
- Quartz Countertops
- Living Room
- Long Beach Polytechnic High School Rated A
- No HOA
- Wall Furnace
About This Home
4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110,000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property is individually metered for gas and electricity. Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! Reach out today!
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 650-549-4849 License #02116879 Listed on: 07/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,916
Year Built
- Built in 1914 | Remodeled
Lot Details
- 3,001 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 3,312 Sq Ft Home
- 2-Story Property
- Living Room
- Quartz Countertops
Bedrooms and Bathrooms
- 10 Bedrooms | 6 Main Level Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Additional Features
- Urban Location
- Wall Furnace
Community Details
- No Home Owners Association
- 4 Units
- Downtown Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 21
- Tax Tract Number 576
- Assessor Parcel Number 7274016016
- $991 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,916 | $1,142,400 | $408,000 | $734,400 |
| 2024 | $14,916 | $1,120,000 | $400,000 | $720,000 |
| 2023 | $7,223 | $500,508 | $149,795 | $350,713 |
| 2022 | $6,796 | $490,695 | $146,858 | $343,837 |
| 2021 | $6,635 | $481,075 | $143,979 | $337,096 |
| 2019 | $6,540 | $467,168 | $139,709 | $327,459 |
| 2018 | $6,341 | $458,016 | $136,970 | $321,046 |
| 2016 | $5,832 | $439,887 | $131,652 | $308,235 |
| 2015 | $5,610 | $433,281 | $129,675 | $303,606 |
| 2014 | $5,569 | $424,794 | $127,135 | $297,659 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $1,389,000 | +26.3% | $419 / Sq Ft |
| 05/16/2023 05/16/23 | Sold | $1,100,000 | 0.0% | $332 / Sq Ft |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | For Sale | $1,100,000 | -- | $332 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Ticor Title Company | |
| Grant Deed | $1,100,000 | Ticor Title Company | |
| Grant Deed | -- | Ticor Title Company | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | Equity Title Company | |
| Grant Deed | -- | American Title | |
| Grant Deed | $352,500 | -- | |
| Grant Deed | $295,000 | United Title Company | |
| Gift Deed | -- | United Title Company | |
| Trustee Deed | $179,431 | Orange Coast Title | |
| Grant Deed | $295,000 | Fidelity Title | |
| Grant Deed | $163,000 | Southland Title Corporation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $825,000 | New Conventional | |
| Previous Owner | $343,500 | Commercial | |
| Previous Owner | $380,000 | Commercial | |
| Previous Owner | $282,000 | Commercial | |
| Previous Owner | $236,000 | Commercial | |
| Previous Owner | $236,000 | Commercial | |
| Previous Owner | $163,460 | Commercial | |
| Closed | $44,250 | No Value Available | |
| Closed | $59,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25172724
APN: 7274-016-016
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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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