Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1101 Atlantic 1101-1109, Long Beach, CA 90813
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    • MLS#: PW25013297 ( Commercial )
    • Street Address: 1101 Atlantic 1101-1109
    • Viewed: 3
    • Price: $3,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1930
    • Bldg sqft: 0
    • Days On Market: 47
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90813
    • Provided by: Partners Real Estate Group
    • Contact: Kadiha Kadiha
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      1109 Atlantic Ave: A single family home built in 1913, with approximately 1,136 square feet, on a lot size of 5,982 square feet. It has 3 bedrooms and 2 bathrooms with numerous upgrades. 1101 Atlantic Ave: This is a multi family property with a large 4,220 square foot structure built in 1942, featuring 9 units, for multi occupancy living. Residential Development or Renovation;1109 Atlantic Ave could be renovated or rebuilt to serve modern housing needs, potentially increasing its value and appeal. 1101 Atlantic Ave offers a significant opportunity for multi family housing, either through renovation or complete redevelopment into more modern apartment units. The existing structure already provides a foundation for multi unit housing. Billboard: The property notably features a billboard, adding a unique revenue stream or advertising opportunity. Advertising Income: Leasing space on the billboard to businesses can provide a steady income stream. Given its location on Atlantic Boulevard, visibility is likely high, making it an attractive spot for advertisers. Development Leverage: The billboard could be a key factor in negotiations or partnerships with developers or media companies interested in digital or physical sign advertising. Mixed Use Development: Considering the zoning and the nature of Atlantic Boulevard, there's potential for mixed use projects combining residential with commercial spaces. Retail at street level with residential above could cater to the neighborhood's needs. This property, with its residential structures and unique billboard feature, presents a multifaceted opportunity for investors, developers, or those looking to leverage both housing and advertising income in a vibrant part of Long Beach.
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    Features
    Property Type
    1. Commercial
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836