2430 Atlantic Avenue, Long Beach, California 90806, Long Beach, 90806 - bed, bath
ACTIVE UNDER CONTRACT$650,000
2430 Atlantic Avenue, Long Beach, California 90806
0Bed
0Bath
2,342Sqft
6,943Lot
Year Built
1920
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$278
HOA
-
Days on market
-
Sold On
-
MLS number
SR25214410
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $650.0K(13th), sqft - 2342(56th), beds - undefined(50th), baths - undefined(50th).
Rare Investment Opportunity – 3-Unit Property in Prime Long Beach Location This unique single-story triplex offers strong rental potential and long-term upside. The front duplex, built in 1920, includes a 4-bedroom/1-bath unit and a 2-bedroom/1-bath unit. A long private driveway provides 5 off-street parking spaces for added convenience. At the rear of the property sits a detached 4-bedroom/2-bath home, built in 1949, offering generous living space and privacy. Located in a desirable area of Long Beach, not subject to rent control, this property is an ideal addition to any investor’s portfolio. Part of a 3-building portfolio – available individually or as a package. Sold as is.
Nearby schools
5/10
Burnett Elementary School
Public,•K-5•0.3mi
8/10
Signal Hill Elementary School
Public,•K-5•0.7mi
7/10
Roosevelt Elementary School
Public,•K-5•1.0mi
4/10
Whittier Elementary School
Public,•K-5•1.1mi
6/10
Washington Middle School
Public,•6-8•1.3mi
6/10
Franklin Classical Middle School
Public,•6-8•2.0mi
6/10
Polytechnic High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
11/20/25
Listing
$650,000
04/09/02
Sold
$175,000
11/25/97
Sold
$165,000
Condition Rating
Poor
This property, with structures built in 1920 and 1949, is explicitly listed 'Sold as is,' indicating a need for substantial repairs and rehabilitation. The age of the buildings suggests outdated systems (plumbing, electrical, HVAC) and likely requires costly upgrades. While no interior images are provided, it's highly probable that kitchens and bathrooms are severely outdated in style and features, requiring full renovation. The exterior, though appearing maintained, clearly shows its age with no signs of recent major renovations. The property's condition aligns with needing significant investment to bring it to modern standards.
Pros & Cons
Pros
Income-Generating Triplex: This property is a 3-unit triplex, explicitly marketed as a 'Rare Investment Opportunity' with 'strong rental potential,' making it an attractive asset for investors seeking multiple income streams.
No Rent Control: Located in a desirable area of Long Beach 'not subject to rent control,' offering investors greater flexibility in setting and adjusting rental rates, which is a significant advantage in the California market.
Prime Long Beach Location: Situated in a 'Prime Long Beach Location' and 'desirable area,' which typically translates to consistent rental demand, potential for property appreciation, and access to local amenities.
Ample Off-Street Parking: A long private driveway provides 5 off-street parking spaces, a highly valuable amenity in urban areas like Long Beach, enhancing tenant convenience and property appeal.
Diverse Unit Configuration: The property features a versatile mix of units (4-bed/1-bath, 2-bed/1-bath duplex, and a detached 4-bed/2-bath home), catering to a broader range of tenant needs and potentially allowing for owner-occupancy in one unit.
Cons
As-Is Condition: The property is explicitly 'Sold as is,' indicating that the seller will not make repairs, which may require significant immediate or future investment from the buyer for renovations or deferred maintenance.
Age of Structures: The front duplex was built in 1920 and the rear home in 1949. Older buildings often come with higher maintenance costs, outdated systems (plumbing, electrical), and potential for costly upgrades to meet modern standards.
Unit Bathroom Ratios: One of the units is a 4-bedroom/1-bathroom configuration, which can be less desirable for larger families or multiple roommates, potentially impacting rental appeal or tenant satisfaction compared to units with more bathrooms.