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New
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$3,395,000

For Sale

8 hours ago

6060 Atlantic, Long Beach, CA

House

MLS® PW26097416

0 Bed

0 Bath

--

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1946
MLS® Number PW26097416

Property Address: 6060 Atlantic, Long Beach, CA, 90805

Average square foot calculated using Size range provided by listing agent.

Description

6068 Atlantic Avenue is a fully renovated turnkey 12-unit apartment community located along the rapidly evolving Atlantic Avenue corridor in Long Beach, an area experiencing significant public and private redevelopment investment. This turnkey asset offers investors immediate cash flow at an attractive 7.14% cap rate from day one. The property consists of two buildings and features a unit mix of twelve one-bedroom/one-bath units, including four newly converted retail-to-residential units, and two brand-new attached ADUs. Each unit was fully vacated, extensively renovated, and repositioned to achieve market rents, minimizing near-term capital requirements. Recent upgrades include new electrical and plumbing systems, dual-pane windows, modernized interiors and exteriors, and individual water heaters for each unit. The property is separately metered for gas and electricity, helping to reduce operating expenses. Additionally, preliminary plans to construct eight one-bedroom ADUs in the rear parking area present a compelling value-add opportunity to substantially boost the asset’s revenue. Buyer to verify ADU potential. This offering combines stable in-place income with meaningful upside in one of Long Beach’s targeted growth corridors.
MLS® NumberPW26097416
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1946
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$3,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
6060 Atlantic, Long Beach, CA

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