Excellent Investment Opportunity – Triplex with ADU potential! Welcome to this versatile triplex with ADU potential, ideally situated in a highly desirable rental area. This property presents an excellent opportunity for investors seeking to expand their portfolio or owner-occupants looking for rental income to offset costs. The front of the property features a very spacious, updated barbershop with modern finishes and a big screen TV, creating an inviting and contemporary space. Toward the rear of the building are two one-bedroom units, both spacious and featuring select upgrades. Adding more value is a large two-car garage with high ceilings, presenting exciting potential for a future ADU. In addition to the garage, the property offers four parking spaces, adding convenience and always a valuable commodity. With new construction homes just one block away, this property presents an investment opportunity in a neighborhood with ongoing 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 triplex offers flexibility and future upside, making it a great opportunity for both investors and owner-occupants seeking long-term growth.
For sale
Listed by: Keller Williams Pacific Estate • Denise Reesha • Contact: 562-301-9538
$879,000
5949 Atlantic Ave, Long Beach, CA 90805
2beds
3baths
2,700sqft
Triplex
Built in 1959
-- sqft lot
$880,900 Zestimate®
$326/sqft
$-- HOA
What's special
- 5 days
- 266
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Denise Reesha DRE #01411207 562-301-9538,
Keller Williams Pacific Estate
Source: CRMLS,MLS#: PW26218245
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 2
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 4,720 Square Feet
- Features: Near Park
Details
- Parcel number: 7125034022
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Park
- Subdivision: North Long Beach (Nlb)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $765,000
- Date on market: 10/15/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
- Total actual rent: 5530
- Tenant pays: Electricity, Gas
Estimated market value
$880,900
$837,000 - $925,000
$2,607/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $879,000+17.2%$326/sqft |
Source: | ||
| 7/15/2024 | Sold | $750,000$278/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $765,000 +2% |
| 2025 | $11,019 +78.8% | $750,000 +96.2% |
| 2024 | $6,161 +2% | $382,217 +2% |
| 2023 | $6,039 +7% | $374,724 +2% |
| 2022 | $5,646 +2.3% | $367,377 +2% |
| 2021 | $5,522 +0.6% | $360,175 +1% |
| 2020 | $5,490 | $356,483 +2% |
| 2019 | $5,490 +5% | $349,494 +2% |
| 2018 | $5,228 | $342,642 +2% |
| 2017 | $5,228 +1.4% | $335,925 +2% |
| 2016 | $5,157 +6.9% | $329,339 +1.5% |
| 2015 | $4,823 | $324,393 +4.5% |
| 2012 | -- | $310,397 |
Find assessor info on the county website
Monthly payment
Est. payment






