2536 Atlantic Avenue, Long Beach, CA 90806

• 8 beds
• 3,672 sqft

Property Description

2536 Atlantic Avenue is a well-located four-unit multifamily property situated in a strong rental corridor of Long Beach. Originally built in 1929, the property features four spacious 2-bedroom / 1-bath units, each approximately 918 square feet, offering a highly desirable unit mix that continues to see strong demand among local renters. The property has undergone extensive recent upgrades, including new exterior paint, replaced deck wood, new windows, upgraded electrical panels, new front doors, and interior wood improvements. Three of the four units have been remodeled, and two units feature energy-efficient mini-split HVAC systems, providing modern comfort for tenants while reducing future capital expenditure needs. Three of the four primary units are currently occupied, generating $7,100 in monthly rental income, while Unit #2 is vacant, creating immediate opportunity for a new owner to lease at market rents. Current rents range from $1,550 to $2,850, with comparable units in the area achieving approximately $2,900 per unit, offering significant rental upside through lease-up and market adjustments. The property also includes an additional 1-bedroom / 1-bath ADU structure, currently vacant and not included in the official rent roll, presenting further income potential subject

Listing Status:

Pending

Date Added:

March 16, 2026

Data Last Updated:

April 1, 2026 at 10:08PM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

John 'Jack' McCann : 310-382-1063

MLS ID:

CL26664953

Interior

• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 10

Location

• County: Los Angeles

Lot

• Zoning: LBPD257211001007