1331 Atlantic Avenue, Long Beach, CA 90813

$955,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$955,000
Price Change
▼ $30,000 1771550985
Status
ACTIVE
MLS#
OC25048265
Year Built
1911
Lot Size
6,909
Acres
0.16
Lot Location
Level, Rectangular Lot
Days on Market
157
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Mixed Use
Neighborhood
Other

Property Description

THIS IS A MIX-USE (RMU4 A-Series), consisting of front commercial (1329 Atlantic-currently used as Hair Salon) and recently renovated CRAFTSMAN 4 bedroom, 2 bath home (County shows 3 bedrooms) at the rear (1331 Atlantic). Steps from transportation, shopping, St. Mary’s hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. Plenty of off street parking House has newer roof, double pane windows, kitchen with quartz countertop, W/D included, newer central furnace, fully fenced, plus many other upgrades. One bedroom has a separate entry and can be used as an office or…. Commercial can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL. DO NOT DISTURB TENANTS Buyer to investigate other uses such as redevelopment, student/elderly housing, etc.. Fireplace not functional. Commercial unit has Ductless AC. BONUS 1: Oil and gas royalties are included in the sale. BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density of up to 5 stories + ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. See also: OC25046753, OC25048259 The information provided here is deemed reliable but is not guaranteed. Buyer is advised to independently verify any and all information related to the property. Owner/Agent

Additional Information

Appliances
Dishwasher, Gas Oven
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air, Heat Pump
Cooling
Yes
Cooling Description
See Remarks
View
None
Roof
Flat, Shingle
Sewer
Public Sewer
Water
Private
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Khosrow Shirzad (kshirzad@yahoo.com) from Listing Office: Khosrow Shirzad, Broker.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.