1331 Atlantic AVE new

Long Beach,CA 90813

$ 985000

3 Beds

2 Baths

2211 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,211 sqft

Price per Sqft $445

MLS Listing ID OC25048259

Bedrooms 3

Full Baths 2

Year Built 1911

Lot Size 6,908 Sqft

Property Sub-Type Mixed Use

Property Description

RARELY AVAILABLE. Centrally located and recently renovated CRAFTSMAN home with front commercial rented unit. Only steps from transportation, shopping, St. Mary's hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. This 4 bedroom house (County shows 3 Bedrooms - Den was converted to 4th bedroom) was fully remolded in 2016 and renovated again in 2023 and 2025. 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…. Fireplace not functional. Commercial unit has ductless AC.
Commercial unit is currently used as a hair salon but can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL.

Parking: Up-to 4 vehicles in the backyard for residential plus 3 additional slots for commercial. Do not disturbed tenant.

Unique side and back alleys. Large yard is left unfinished for new owner to re-do (i.e. ADU).

BONUS 1: Oil and gas royalties are included in the sale.
BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for higher density of up to 8 units + ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. (Also check Title 22.10.020)

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

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBCO

Interior

Heating Central,Forced Air

Cooling See Remarks

Flooring Laminate,Tile

Fireplaces Type Family Room,See Remarks

Laundry Washer Hookup,Gas Dryer Hookup

Exterior

Parking Features See Remarks

Fence Wood

Pool None

Community Features Curbs,Gutter(s),Storm Drain(s),Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N No

View None

Roof Type Flat,Shingle

Building

Lot Description Level,No Landscaping,Rectangular Lot

Dwelling Type Mixed Use

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Long Beach Unified

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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