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1941 Atlantic Ave, Long Beach, CA 90806
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1941 Atlantic Ave Long Beach, CA 90806

$725,000
  • -- Beds
  • -- Baths
  • 2,620 Sq.Ft.
For Sale
$725,000 Get Pre-Qualified
Map preview of 1941 Atlantic Ave, Long Beach, CA 90806

Property Overview: 1941 Atlantic Ave Long Beach, CA has -- bedrooms, -- bathrooms, 2,620 living square feet and 2,700 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This building sits on a corner lot of 19th and Atlantic providing maximum exposure and foot traffic. Property includes a refrigerated display case, a walk-in freezer and an office space. This spacious building is a blank canvas for your business endeavors with new flooring, paint, and more.

Listed by Charles Chang | BRE #01327098 | CMC Realty & Lending
Co-listed by Kelsey Dudley | BRE #02185740 | CMC Realty & Lending
Last checked: 9 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
2,700
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Retail
Status
Active
MLS#
PW24060295
City
Long Beach
County
Los Angeles
Time on Site
17 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1941 Atlantic Ave

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Property Details for 1941 Atlantic Ave

Interior Features
Laundry Information
  • None
Interior Features
  • Security Features: Window Bars
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7209004028
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of PCH
View more facts & features

Local Long Beach Agent

Sale History for 1941 Atlantic Ave

Last sold for $326,000 on November 22nd, 2005

  • April, 2024

  • Apr 15, 2024

    Date

    Active

    CRMLS: PW24060295

    $725,000

    Price

  • January, 2024

  • Jan 31, 2024

    Date

    Canceled

    CRMLS: PW23107998

    $4,000

    Price

  • Jun 20, 2023

    Date

    Active

    CRMLS: PW23107998

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    Prime commercial rental: Corner market and carniceria with essential amenities. The property comes equipped with a fully functioning deli counter and refrigerated display cases for fresh, enticing food options. A convenient walk-in freezer ensures ample storage capacity for refrigerated products. The private office supports administrative needs and overseeing day-to-day operations. The strategic location on 19th and Atlantic provides high-visibility to attract vehicle and foot traffic, with over 21,500 vehicles passing per day and countless students walking to the nearby Long Beach Poly High School. The property is also zoned for cannabis use, which makes this another lucrative business opportunity. Secure this prime commercial rental property and propel your business with a great location, layout, and profitability.

  • May, 2021

  • May 27, 2021

    Date

    Expired

    CRMLS: AR21016872

    $589,900

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: AR21016872

    $589,900

    Price

  • Listing provided courtesy of CRMLS

    Snap up this superb investment opportunity. This single retail free-standing building is situated in the extremely convenient North Poly neighborhood of Long Beach. The current leasing tenant, El Ranchito Market has become the local community market for over 10 years. Annual rental increase 3%. With 5 years lease option. The current CAP is approx. 6.39% with no rent stabilization ordinance. Take pleasure in being conveniently positioned close to businesses, retailers, California State University Long Beach, and Long Beach Airport. Just a few miles away from City Beach, Seal Beach, Marina Pacifica, Aquarium of the Pacific, the Queen Mary, Shoreline Aquatic Park, several notable venues and popular landmarks, all within close reach. Blocks away from the Pacific Coast Highway thoroughfare, close to public transportation, offers high traffic visibility with endless potential. This corner lot building is LBPD25 zoning. It currently operates as a deli meat supermarket with no alcoholic beverages or lottery licenses. As per the PD-25 Zoning Planned Development Ordinance. It can also be used for a wide variety of businesses, including office support, personal services, professional services, retail sales, ready-to-eat food service, making this a value-added opportunity for a small business owner or to generate upside rental income. There is also the option to use it as a facility for cannabis cultivation and dispensing. This would require a conditional use permit.

  • January, 2021

  • Jan 22, 2021

    Date

    Expired

    CRMLS: AR20147427

    $599,999

    Price

  • Sep 2, 2020

    Date

    Price Change

    CRMLS: AR20147427

    $599,999

    Price

  • Jul 24, 2020

    Date

    Active

    CRMLS: AR20147427

    $610,000

    Price

  • Listing provided courtesy of CRMLS

    Snap up this superb investment opportunity. This single retail free-standing building is situated in the extremely convenient North Poly neighborhood of Long Beach. The current leasing tenant, El Ranchito Market has become the local community market for over 10 years. Annual rental increase 3%. With 5 years lease option. The current CAP is approx. 6.39% with no rent stabilization ordinance. Take pleasure in being conveniently positioned close to businesses, retailers, California State University Long Beach, and Long Beach Airport. Just a few miles away from City Beach, Seal Beach, Marina Pacifica, Aquarium of the Pacific, the Queen Mary, Shoreline Aquatic Park, several notable venues and popular landmarks, all within close reach. Blocks away from the Pacific Coast Highway thoroughfare, close to public transportation, offers high traffic visibility with endless potential. This corner lot building is LBPD25 zoning. It currently operates as a deli meat supermarket with no alcoholic beverages or lottery licenses. As per the PD-25 Zoning Planned Development Ordinance. It can also be used for a wide variety of businesses, including office support, personal services, professional services, retail sales, ready-to-eat food service, making this a value-added opportunity for a small business owner or to generate upside rental income. There is also the option to use it as a facility for cannabis cultivation and dispensing. This would require a conditional use permit.

  • February, 2019

  • Feb 4, 2019

    Date

    Expired

    CRMLS: CV18190052

    $670,000

    Price

  • Oct 1, 2018

    Date

    Price Change

    CRMLS: CV18190052

    $670,000

    Price

  • Aug 6, 2018

    Date

    Active

    CRMLS: CV18190052

    $680,000

    Price

  • Listing provided courtesy of CRMLS

    CIVAR Realty Advisors is proud to announce the exclusive offering of 1941 Atlantic Ave located in Long Beach, CA. The site offers a positive and secured return to investors looking for a great retail free standing building offering a 5.5% cap rate. El Ranchito Market has been leasing the site for more then 10 years. They have been the community market sense then .With a positive out come on the rental return, the location offers tremendous value as it is adjacent to the Aquarium of the Pacific, The Queen Mary, California State University Long Beach, Marina Pacifica, Seal Beach, and many more local entertainment. Per Zoning ordinance the site could be used as a Cannabis Facility, Dispensary, Cultivation Facility, Distribution Facility, Manufacturing Facility, and Testing Laboratory Facility. Current use is a Deli meat market with no alcohol or lottery licenses.

  • April, 2018

  • Apr 1, 2018

    Date

    Expired

    CRMLS: PW17270345

    $690,000

    Price

  • Mar 31, 2018

    Date

    Withdrawn

    CRMLS: PW17270345

    $690,000

    Price

  • Dec 6, 2017

    Date

    Active

    CRMLS: PW17270345

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    Recently renovated by the owner and the City of Long Beach. Excellent street exposure and very high traffic count. Well maintained building in a great part of Long Beach. Surrounded by fast appreciating housing market.

  • November, 2005

  • Nov 22, 2005

    Date

    Sold (Public Records)

    Public Records

    $326,000

    Price

  • June, 1997

  • Jun 6, 1997

    Date

    Sold (Public Records)

    Public Records

    $38,000

    Price

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Tax History for 1941 Atlantic Ave

Assessed Value (2020): $407,349
Year Land Value Improved Value Assessed Value
2020 $132,450 $274,899 $407,349

Home Value Compared to the Market

This property vs the competition

1941 Atlantic Ave is listed 9.36% lower than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $276.72 per/sqft which puts the price per square foot 57.03% lower than the median price per square foot for the city of Long Beach.

About 1941 Atlantic Ave

Detailed summary of property

1941 Atlantic Ave is a retail located in Long Beach, CA 90806 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 2,620 living square feet, and sits on an approximately 2,700 square foot lot. 1941 Atlantic Ave was first listed on ArdentRealEstateGroup.com on April 15, 2024. The homeowner is currently asking $725,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 9.36% lower than the median priced home. Local competing homes currently for sale include 921 Crocker St #11, 921 Crocker St #13 and 921 Crocker St #12. While the average home in Long Beach, CA is selling in 54 days, 1941 Atlantic Ave has a days on market of 14 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1941 Atlantic Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1941 Atlantic Ave

Public county record property details
Beds
--
Baths
--
Year built
1953
Sq. Ft.
2,620
Lot Size
2,699
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
7209-004-028

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$549,000
Median Sold Price/Sq.Ft.
$664
Total Inventory
14
Median Sale to List Price %
91.5%
Avg Days on Market
21
Loan Type
Conventional (62.5%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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