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$955,000
OC25048265 MLS Active Status
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

1331 Atlantic Avenue, Long Beach

$955,000
3 Beds 2 Baths OC25048259 MLS Active Status
RARELY AVAILABLE. Centrally located and recently renovated CRAFTSMAN home with front commercial rented unit. Only steps from transportation, shopping, St. Mary’s hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. This 4 bedroom house (County shows 3 Bedrooms - Den was converted to 4th bedroom) was fully remolded in 2016 and renovated again in 2023 and 2025. 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…. Fireplace not functional. Commercial unit has ductless AC. Commercial unit is currently used as a hair salon but can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL. DO NOT DISTURB TENANTS Parking: Up-to 4 vehicles in the backyard for residential plus 3 additional slots for commercial. Do not disturbed tenant. Unique side and back alleys. Large yard is left unfinished for new owner to re-do (i.e. ADU). BONUS 1: Oil and gas royalties are included in the sale. BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density and up-to 5 stories + any ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. Also see OC25048265 & OC25046753. 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

1331 Atlantic Avenue, Long Beach

$2,800,000
PW25007491 MLS Active Status
Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

1101 Cherry Avenue, Long Beach

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.