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Image 1 - 6062 Atlantic Ave, Long Beach, California, 90805 - House for sale
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Home For Sale In Long Beach, California
6062 Atlantic Ave, Long Beach, California, 90805

Home For Sale In Long Beach, California

house for sale
Listed: 06/17/24

6062 Atlantic Ave, Long Beach, California, 90805

12 Bed:
12 Bath:
6,966 Sq Ft Living Area:
Save
Price
$ 2,6M

About This House

Price Reduction! 12-unit project cash flowing at an amazing 8.5% Cap Rate and7.7 GRMafter taking into account all construction costs! Priced at only 253k/door in the heart of Long Beach, it offers not only 6 fully renovated residential units upstairs but also 4 retail spaces (with RTI plans to convert to 4 residential units) + nearly RTI plans to convert the attached garages into 2 attached (1bed/1bath) ADUs. The 6 residential units (100% occupied) have been already fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Additionally, each unit is individually metered for gas and electricity. The large9, 180 SFlot comes with ~9 open parking spaces as well as ~4 garage spaces. Price/Unit, Cap …  Full description

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North Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near North Long Beach, Long Beach, United States averaged $820,250, a decrease of 12.7% from the previous month.
Median price trends for properties for sale in North Long Beach, Long Beach, United States as of June 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.