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Property Description

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.

Live in the house and have commercial assist with mortgage payment. Buyer to investigate other uses such as elderly or other type of housing or Airbnb. Fireplace not functional. Commercial 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

Features
: No
: Heat Pump, Forced air
: See remarks
: No
1
1
: In Kitchen
0
: Curbs, Sidewalks, Storm Drains, Gutters
: Craftsman
Additional Information
Khosrow Shirzad, Broker
0
OCSHIRKHO
OC03183
Khosrow
7269029014
: Standard
25

Multi-Family For Sale

1331 Atlantic Avenue, Long Beach, California 90813

2,211 Sqft
$985,000
Listing ID #OC25048265
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC25048265
Price : $985,000
Living Area : 2,211 Sqft
Lot Size : 6,909 Sqft
Year Built : 1911
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90813
Price Per Square Foot : $446
Subdivision : Other (OTHR)
ModificationTimestamp : 2025-03-07 10:14:13
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