Active

1101 Atlantic 1101-1109

Long Beach CA, 90813

$3,200,000


$271.30 per sqft

Active

11,795 sqft

Commercial

Built in 1930

Listed by Kadiha Argumedo with Partners Real Estate Group 714-528-3100

1109 Atlantic Ave: A single-family home built in 1913, with approximately 1,136 square feet, on a lot size of 5,982 square feet. It has 3 bedrooms and 2 bathrooms with numerous upgrades.
1101 Atlantic Ave: This is a multi-family property with a large 4,220 square foot structure built in 1942, featuring 9 units, for multi-occupancy living.
Residential Development or Renovation;1109 Atlantic Ave could be renovated or rebuilt to serve modern housing needs, potentially increasing its value and appeal.
1101 Atlantic Ave offers a significant opportunity for multi-family housing, either through renovation or complete redevelopment into more modern apartment units. The existing structure already provides a foundation for multi-unit housing.
Billboard: The property notably features a billboard, adding a unique revenue stream or advertising opportunity.
Advertising Income: Leasing space on the billboard to businesses can provide a steady income stream. Given its location on Atlantic Boulevard, visibility is likely high, making it an attractive spot for advertisers.
Development Leverage: The billboard could be a key factor in negotiations or partnerships with developers or media companies interested in digital or physical sign advertising.
Mixed-Use Development: Considering the zoning and the nature of Atlantic Boulevard, there's potential for mixed-use projects combining residential with commercial spaces. Retail at street level with residential above could cater to the neighborhood's needs.
This property, with its residential structures and unique billboard feature, presents a multifaceted opportunity for investors, developers, or those looking to leverage both housing and advertising income in a vibrant part of Long Beach.

PW25013297

MLS ID

January 18, 2025

Listed

January 20, 2025

Updated

Map

1101 Atlantic 1101-1109
Long Beach CA, 90813

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

6-10 Units/Acre, Corner Lot

Other Property Details

Area Name

699 - Not Defined


Days on Market

1


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing Contact: 714-528-3100 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/20/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 1/20/2025 at 2:46 AM UTC

 

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