4471 Atlantic Ave, Long Beach, CA 90807

Property Description

Turnkey residential 4-plex in the heart of Bixby Knolls in Long Beach, right on Atlantic Avenue! Great location for an owner-occupant. Walk to Trader Joe’s, Starbucks, and the rest of the Bixby Knolls Business District. Minutes from the 405 and 710 freeways. All units have 2 bedrooms and 1 bath, front and rear entrances, and a refrigerator and gas stove. Each is separately metered for gas and electricity. Building has a 12-year-old roof, and Section I termite has already been cleared. Plenty of street parking on the Atlantic frontage road. A separate garage building has two double garages, and next to it is a two-car uncovered parking pad for a total of six off-street spaces. A wide, concrete alley gives access to the parking. The garage building also houses a coin-op laundry room with rented machines on a month-to-month contract. This property has a ~7,300 sq ft lot and is zoned R-4-N, which allows for a substantially taller building than currently exists. Long Beach has no rent control. Tenants enjoy a distinctly open, outdoor experience in this community, as all buildings have generous front and rear yards with an abundance of mature trees.