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Sold on 10/27/2023

1619 Atlantic Ave, Long Beach, CA 90813

$633,294

Last sold 10/27/2023 for $736K

  • 4

    bed

  • 4

    bath

  • 1,672

    Sqft ($440/Sqft)

Multi-family not for sale
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About 1619 Atlantic Ave

Property type Multi-family
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 6,363 Sqft
Movoto estimate
Property description
Major Fixer! Exceptional multifamily investment opportunity situated in Long Beach. Encompassing a generous 6,363 square foot lot, this property features a 4-unit building totaling 1,672 square feet, comprising (4) 1-bedroom and 1-bathroom units. The two ground floor units are not habitable in their current conditions. Located just moments south of Pacific Coast Highway and conveniently near the 710 freeway, this property offers effortless access to diverse destinations, making it an ideal choice for both tenants and investors. The rear portion of the property offers substantial space for a creative investor to enhance its value. Explore the harmonious blend of location, opportunity, and potential in this investment gem. Trust Sale, no court confirmation required.
Listed by
Listing Agent - Nancy Sanborn
Listing Office - Berkshire Hathaway HomeServices California Propert
Source: The MLS mls logo
MLS#23-317537 • last updated 2 years ago
Movoto checked The MLS for data 1 hour ago
Overview
Levels/Style Two
MLS # 23-317537
Type Residential Income
Status Sold
SqFt 1672
Lot Size (SqFt) 6363
Lot Size (Acres) 0.1461
Year Built 1922
Interior
Total # of Baths 4
Total # of Bedrooms 4
Exterior
Parking Desc Gated, Unassigned, Uncovered, Parking Space
Add'l Structures None
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning LBCO
APN 7269-033-017
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 1: Projected Rent 1259
Unit 1: # Beds 1
Unit 4: # Beds 1
Unit 1: Rent 1259
Unit 2: Rent 1193
Unit 2: Furnished No
Unit 2: Projected Rent 1193
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 2: Actual Rent 1193
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 1259
Total # Of Buildings 1
Net Operating Income 19226
Vacancy Rate 50%
Gross Income 29424
Gross Operating Income 29424
Gross Rent Multiplier 14.1
Total Annual Expenses 10198
$633K
Range: $569K-$696K
Last 30 days 
  • Nov 2023
    mls logo MLS # 23-317537
  • Nov 16, 2023 Sold
    —
  • Oct 27, 2023 Pending
    —
  • Oct 4, 2023 Listed
    $415,000
  • Year Property taxes Tax assessment
  • 2024
    $10,278 +452.4%
    $736,000
  • 2023
    $1,861 +4.8%
    $736,000 +1126.03%
  • 2022
    $1,776 +3.6%
    $60,031 +4.04%
  • 2021
    $1,714 +0.2%
    $57,702 +1.03%
  • 2020
    $1,711
    $57,112
  • 1619 Atlantic Ave
    $736K
  • Central Long Beach
    $520K 0% y/y
  • 90813
    $550K +10% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Roosevelt Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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