We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.
Property Details
Price:
$1,200,000
MLS #:
24466875
Status:
Active
Baths:
0
Address:
6082 Atlantic Avenue
Type:
Residential Income
Neighborhood:
7northlongbeach
City:
Long Beach
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
90805
Lot Size:
9,341 sqft / 0.21 acres (approx)
Year Built:
1935
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
None
Parking Spots
8.00
Stories Total
1
Financial
Map
Community
- Address6082 Atlantic Avenue Long Beach CA
- Area7 – North Long Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
6082 Atlantic Avenue
Long Beach, CA
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