714-745-2708

6068 Atlantic Avenue, Long Beach, CA 90805

$3,150,000 Approx. USD 12 beds, 12 baths
6,966 sqft

Reduced by $75,000 on 11/11/2026

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 310-666-2246

Co Listing Agent

Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 818-524-0706

Agent Remarks

Huge ~750k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 11% Cap Rate, 7.1 GRM, and 194k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26103536

List price is $3,150,000 Reduced by $75,000 on 11/11/2026

Price: $3,150,000

Beds: 12

Baths: 12

Built in 1946

6,966 sqft

0.21 acres

Lot size: 0.2107

County: Los Angeles

Zoning: LBCNA

Interior features: Ceiling Fan(s)

Appliances: Refrigerator

Parking description: Uncovered

Heating description: Wall Furnace

MLS area: 7 - North Long Beach

Last Updated: 11/11/2026

Days On Market (DOM): 22

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This listing belongs to the 7 - North Long Beach MLS area

Lat/Long: 33.864883, -118.184807.
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