5949 Atlantic Avenue

About This Property

This versatile triplex with ADU potential offers an excellent opportunity for investors or owner-occupants looking to generate rental income. The front of the property features a very spacious, updated barbershop with modern finishes and a large-screen TV, creating an inviting and contemporary space. Toward the rear of the building are two one-bedroom units, both featuring select upgrades and offering additional rental income potential. Adding even more value is a large two-car garage with high ceilings, presenting exciting potential for a future ADU. In addition, the property offers four parking spaces, adding convenience and always a valuable commodity. Whether you are an investor seeking to expand your portfolio or an owner-occupant looking for additional income, this property offers flexibility and exciting possibilities. Situated in a highly desirable rental area with new construction homes just one block away, this property presents an investment opportunity in a neighborhood experiencing continued development. Conveniently located, it is minutes from Bixby Knolls, Trader Joe’s, shopping, parks, and easy freeway access. With existing rental income, ample parking, and the potential to further maximize the property’s value, this is a great opportunity to own a property for both seasoned investors and owner-occupants seeking long-term growth.

Unit Mix

• 2 units · 1bd / 1ba
• 1 unit · 0bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?