1331 Atlantic Avenue

RARELY AVAILABLE. Centrally located and recently renovated CRAFTSMAN home with front commercial rented unit. Only steps from transportation, shopping, St. Mary s hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. This 4 bedroom house (County shows 3 Bedrooms - Den was converted to 4th bedroom) was fully remolded in 2016 and renovated again in 2023 and 2025. Newer roof, double pane windows, kitchen with quartz countertop, W/D included, newer central furnace, fully fenced, plus many other upgrades. One bedroom has a separate entry and can be used as an office or . Fireplace not functional. Commercial unit has ductless AC. Commercial unit is currently used as a hair salon but can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL. DO NOT DISTURB TENANTS Parking: Up-to 4 vehicles in the backyard for residential plus 3 additional slots for commercial. Do not disturbed tenant. Unique side and back alleys. Large yard is left unfinished for new owner to re-do (i.e. ADU). BONUS 1: Oil and gas royalties are included in the sale. BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density and up-to 5 stories + any ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. Also see OC25048265 & OC25046753. The information provided here is deemed reliable but is not guaranteed. Buyer is advised to independently verify any and all information related to the property. Owner/Agent