1491 Atlantic Ave

Long Beach CA 90813

6969 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

Features

7 bedrooms

7 bathrooms

6969 sq. ft. lot size

Multi-Family

Property history for 1491 Atlantic Ave

2026

Rented

Undisclosed

28 May 2026 by Heart Property Management Grou

2023

Sold

$2,550,000

07 Mar 2023 by Matthew Wenzel, of Marcus & Millichap

2016

Sold

$235,000

31 Oct 2016 by Steven J Padilla

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