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1491 Atlantic Avenue

Long Beach, CA 90813
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Bed 7

Bed

Bath 7

Bath

Acres0.16

Acre(Lot)

1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including ce ntral air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,350,000

AD Id : 85808812

MLS Id : OC26138156

Beds : 7

Lot Size : 0.16 Acre

Year Built : 2022

Garage : 6

County : Los Angeles

Subdivision: Fallbrook

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Solar

  • Building Information

    Year Built: 2022
    Building Area Total: 6845
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.16 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6,970 Lot Description: StreetLevel

    Property Information

    Subdivision: Poly High (PH) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: ThreeOrMore Property Age: 4

  • Listing Price Information

    Listing Price: $2350000
    Original Price: $2850000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 7269031017 Tax Lot: 51

  • Parking Information

    Parking Total: 6

    Garage Information

    Has Garage: Yes Garage Space: 6

  • Location Information

    Direction: Cross Streets of Atlantic Avenue & East 15th Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1100 Cherry Avenue, Long Beach, CA, 90813 $1,100,000 9 6 4,188 5,715 Sq. Ft
1061 N Minerva, Long Beach, CA, 90813 $570,000 1 1 703 2,766 Sq. Ft
1050 Gaviota, Long Beach, CA, 90813 $4,500,000 9 3 -- 0.29 Acre
1323 Walnut Ave, Long Beach, CA, 90813 $1,599,000 8 6 -- 6,362 Sq. Ft
1700 E 7th, Long Beach, CA, 90813 $648,800 3 1 2,504 6,030 Sq. Ft
933 Walnut Avenue, Long Beach, CA, 90813 $959,000 3 2 1,312 4,013 Sq. Ft
1442 Alamitos Avenue, Long Beach, CA, 90813 $725,000 -- 3 1,064 2,018 Sq. Ft
1377 Warren Avenue, Long Beach, CA, 90813 $1,615,000 4 11 4,944 5,700 Sq. Ft
1310 E Hellman, Long Beach, CA, 90813 $1,599,000 10 5 -- 7,837 Sq. Ft
1749 Lewis Avenue, Long Beach, CA, 90813 $859,000 3 2 1,256 6,525 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/07/2026 @ 08:19

MLS: OC26138156 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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