Home | Los Angeles County | Long Beach | 90805 | 6060 Atlantic
MLS: CRPW26097416 | Status: | Price: $3,395,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 9,180 | 1946 |
6068 Atlantic Avenue is a fully renovated turnkey 12-unit apartment community located along the rapidly evolving Atlantic Avenue corridor in Long Beach, an area experiencing significant public and private redevelopment investment. This turnkey asset offers investors immediate cash flow at an attractive 7.14% cap rate from day one. The property consists of two buildings and features a unit mix of twelve one-bedroom/one-bath units, including four newly converted retail-to-residential units, and two brand-new attached ADUs. Each unit was fully vacated, extensively renovated, and repositioned to achieve market rents, minimizing near-term capital requirements. Recent upgrades include new electrical and plumbing systems, dual-pane windows, modernized interiors and exteriors, and individual water heaters for each unit. The property is separately metered for gas and electricity, helping to reduce operating expenses. Additionally, preliminary plans to construct eight one-bedroom ADUs in the rear parking area present a compelling value-add opportunity to substantially boost the asset’s revenue. Buyer to verify ADU potential. This offering combines stable in-place income with meaningful upside in one of Long Beach’s targeted growth corridors.
| Field | Value |
|---|---|
| MLS # | CRPW26097416 |
| MLS Source | California Regional MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Steven Bogoyevac
Steven M. Bogoyevac, Broker
License #: 01332755
Phone: (562) 257-1231
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Jordan High School | public | 9-12 | 0.54 mi | 3 |
| Grant Elementary School | public | K-5 | 0.68 mi | 4 |
| Harte Elementary School | public | K-5 | 0.78 mi | 6 |
| Lindbergh Middle School | public | 6-8 | 0.78 mi | 4 |
| Addams Elementary School | public | K-5 | 0.92 mi | 5 |
| Powell Academy For Success | public | K-8 | 1.08 mi | 4 |
| King Elementary School | public | K-5 | 1.18 mi | 4 |
| Hamilton Middle School | public | 6-8 | 1.20 mi | 4 |
| Dooley Elementary School | public | K-5 | 1.35 mi | 4 |
| Barton Elementary School | public | K-5 | 1.35 mi | 4 |
| Lindsey Academy | public | 6-8 | 1.49 mi | 3 |
| Leona Jackson School | public | 4-8 | 1.56 mi | 6 |
| Wesley Gaines School | public | K-3 | 1.66 mi | 6 |
| Kelly Elementary School | public | K-8 | 1.78 mi | 8 |
| McKinley Elementary School | public | K-5 | 1.80 mi | 6 |
| Frank J. Zamboni School | public | 6-8 | 1.83 mi | 6 |
| Cesar Chavez Continuation High School | public | 9-12 | 1.92 mi | 2 |
| Dominguez High School | public | 9-12 | 1.92 mi | 6 |
| Thurgood Marshall School | public | K-12 | 1.92 mi | 2 |
| Mark Keppel School | public | K-5 | 1.98 mi | 4 |
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This listing information is up-to-date as of May 05, 2026. For the most current information, please contact Steven Bogoyevac, (562) 257-1231.