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Property Description

We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.

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Additional Information
Marcus & Millichap
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CLW-C104547
CLW-X7515101
Neema
7124016041
: Standard
One
32

Multi-Family For Sale

6082 Atlantic Avenue, Long Beach, California 90805

6,000 Sqft
$1,200,000
Listing ID #24466875
Basic Details
Status : Active
DaysOnMarket : 21
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24466875
Price : $1,200,000
Living Area : 6,000 Sqft
Lot Size : 9,341 Sqft
Year Built : 1935
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90805
Price Per Square Foot : $200
ModificationTimestamp : 2024-11-25 11:52:00
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