
Long Beach, California 90806
Analysis of 1844 Atlantic Avenue, Long Beach, California 90806 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While the original structure dates to 1920, the property features a recently completed garage-conversion ADU and renovated residential units in mint condition. The interiors showcase brand-new kitchens with quartz countertops, modern shaker cabinetry, new laminate flooring, and updated bathrooms with contemporary fixtures and wall-mounted AC, qualifying it as a <5-year renovation.
The property offers exceptional flexibility with three commercial storefronts, a split main residence, and a new ADU, providing five distinct potential revenue streams to maximize ROI and mitigate vacancy risk.
Situated on a prominent stretch of Atlantic Avenue with over 30,000 vehicles passing daily, the property provides premier exposure and signage opportunities for the commercial units.
The recently completed 1,200 sqft garage-conversion ADU features contemporary finishes, quartz countertops, and independent access, offering immediate rental upside or a high-quality owner-occupant unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4554, other record living area = 3429.
Originally built in 1920, the primary building may require more frequent maintenance and potential upgrades to aging systems compared to modern mixed-use developments.
With a building size of 4,554 sqft on a 4,890 sqft lot, the property has a very high density, resulting in minimal private outdoor space or yard area for residential tenants.
Rarely does a mixed-use property offer this much flexibility, visibility, and income potential. Positioned along a highly visible stretch of Atlantic Avenue with 30,000+ vehicles passing by each day, this unique property combines three street-facing commercial spaces, residential living, and a recently completed garage-conversion ADU into one compelling opportunity. For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value. The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy. That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate. Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling. High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value. This is not a one-size-fits-all property. That is exactly what makes it so interesting.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 4,554 | 3,749.222 |
| Lot Size | 4,890 | 5,654.444 |
| Price | $1.10M | $1.44M |
| Price per sq ft | $242 | $381 |
| Built year | 1920 | 1928 |
| HOA | $0 | $0 |
| Days on market | 10 | 92 |
Aug 30, 2026
$1,100,000
Initial Listing
Dec 4, 2012
$220,000
Public Record
Jun 11, 2007
$600,000
Public Record