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Stacey Alysson Melman

1491 Atlantic AV
Long Beach, CA, 90813
$2,250,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #OC26138156 image #0
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 central 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.
AGENT: Tyler Leeson
LISTING BROKERAGE: Marcus & Millichap RE Invest
1491 Atlantic AV
Long Beach, CA

Property Details

Price:
$2,250,000
MLS #:
OC26138156
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Poly High PH
Neighborhood:
9polyhigh
Listed Date:
Jun 24, 2026
Total Sq Ft:
6,845
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
2022
9 – Poly High9polyhighPoly High Ph
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Schools

Interior

Heating
SO
Laundry Features
GAS, WH
Levels
C

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
6
Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$185,239
Maintenance Fee
$3,980
Net Operating Income
$128,940

Map

Community

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