5631 ATLANTIC Avenue Long Beach, CA 90805

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$299,900 Estimated monthly payments: $1,525/mo.* (recalculate)
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Property Description


Other Residential

Regular sale with a motivated seller. Property consists of a well established restaurant in front, with monthly rent of $1800. Restaurant business is not included. Three years remain on the restaurant lease. 70 % of the restaurant equipment belongs to the seller and this is included in the sale. There is an office building behind the restaurant and one unit in back. The unit is a two bedroom, one bath home, which rents for $1000 per month. The office building and home are gated with a parking area within the gated space. Both the restaurant and home are long term tenants.
MLS #:  P802936

Features



  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Floor Covering: Tile - Ceramic
  • Heating System: Central Furnace
  • Roof Type: Composition Shingle

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Schools for
5631 ATLANTIC Avenue, Long Beach, CA 90805
Elementary School
Grades K - 5 | Public School
LONG BEACH, CA 90805
1671 E PHILLIPS ST
562-428-0333
Distance: 0.7 mi
GreatSchools Rating
0
Parent Rating
2
Student:Teacher Ratio
16:1
Total Students
955
Middle School
N/A
High School
Grades 9 - 12 | Public School
LONG BEACH, CA 90805
6500 ATLANTIC AVE
562-423-1471
Distance: 1.0 mi
GreatSchools Rating
3
Parent Rating
3
Student:Teacher Ratio
17:1
Total Students
2758
Other Nearby Schools Distance Type Grades GreatSchools Rating Parent Rating
St Athanasius School 0.4 mi Catholic K - 8 0 0
Charles A Lindbergh Middle School 0.4 mi Public 5 - 8 0 0
Jane Addams Elementary School 0.6 mi Public K - 5 0 0
Gethsemane Baptist Chrn School 0.6 mi Private K - 12 0 3
Clara Barton Elementary School 0.9 mi Public K - 5 2 2
Dooley Global Stds Magnet School 0.9 mi Public K - 5 2-5 4
Ulysses Grant Elementary School 1.0 mi Public K - 5 0 3
Perry Lindsey Middle School 1.1 mi Public 5 - 8 0 4
Colin Powell Academy For Success 1.1 mi Public K - 8 0 3
David Starr Jordan 9th - Gr Academy 1.4 mi Public 9 - 12 0 0
Thomas Starr - King Elementary School 1.4 mi Public K - 5 2-5 3
Alexander Hamilton Middle School 1.6 mi Public 5 - 8 2 4
United Faith Community School 1.8 mi Private K - 3 0 0
St Barnabas School 2.0 mi Catholic K - 8 0 5
Micro Enterprise Charter School 2.0 mi State 5 - 8 1 5
Leona Jackson School 2.0 mi Public 5 - 8 2 2
William Mckinley Elementary School 2.0 mi Public K - 5 2 3
Wesley Gaines School 2.0 mi Public K - 3 2-5 3
Sources: Maponics, LLC, GreatSchools.org and Onboard Informatics ©2013. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data for Long Beach, CA 90805
  • Median Age: 33.24
  • Married: 33%
  • Number of Households: 26034
  • Households with Children: 13564
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Long Beach, CA 90805

      Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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