1491 Atlantic Avenue
Long Beach, CA 90813
Listing broker / agent: Marcus & Millichap RE Invest · Tyler Leeson · tleeson@marcusmillichap.com · CRMLS
MLS # OC26138156 · Last checked Oct 20, 2026 21:44 UTC
About this property
1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.
Property details
- MLS number
- OC26138156
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.16 acres
- County
- Los Angeles
- Year built
- 2022
More property detailsCollapse
Listing
- Days on market
- 111
Building
- Year built
- 2022
- Year built source
- Assessor
- Building stories
- 3
- Levels
- Three Or More
- Entry level
- 1
Rooms & interior
- Heating
- Solar
- Laundry
- Washer Hookup, Gas Dryer Hookup
Exterior & parking
- Total parking spaces
- 6
- Garage spaces
- 6
- Pool
- None
- Lot features
- Street Level
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs, Gutters, Street Lights, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Roosevelt Elementary Long Beach Unified · Long Beach | K–5 | 0.1 mi |
| Polytechnic High Long Beach Unified · Long Beach | 9–12 | 0.2 mi |
| Clear Passage Educational Center (school website, opens in a new tab) Long Beach Unified · Long Beach | 9–12 | 0.3 mi |
| Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach | 9–12 | 0.3 mi |
| Lincoln Elementary Long Beach Unified · Long Beach | K–5 | 0.5 mi |
| Renaissance High School for the Arts Long Beach Unified · Long Beach | 9–12 | 0.7 mi |
| Jenny Oropeza Elementary Long Beach Unified · Long Beach | K–5 | 0.7 mi |
| Whittier Elementary Long Beach Unified · Long Beach | K–5 | 0.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,250,000
- MLS-reported original asking price
- $2,850,000
- MLS-reported previous asking price
- $2,350,000
- MLS-reported last price change
- 2026-10-13 09:18 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 13, 2026 16:31 | $2,250,000 |
| Oct 2, 2026 08:53 | $2,350,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Long Beach
Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
115 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 23:02 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗