800 Atlantic Avenue

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Property Snapshot

800 Atlantic Avenue
Long Beach, CA 90813
Purchase Price
Number of Units
% Increase in Rents
Since Closing
Projected IRR

Originally built in 1905, the property is located the highly desirable and trendy East Village Arts District. With a walk score of 91, the area offers residents a diverse variety of grocery, shopping, dining and nightlife amenities as well as proximity to a myriad of employment opportunities. The property has a unique unit mix; comprised of two buildings featuring 7 studios, 1 One Bed + One Bath unit and a Two Bed + One Bath single family residence. Both buildings have on-site laundry facilities.

Purchased as a value-add opportunity, Cochise Capital repositioned the property and increased the rents by greater than 35%.