1050–1052 Atlantic Ave presents a flexible Long Beach commercial investment opportunity with existing income, owner-user potential, and long-term redevelopment optionality. The property consists of one single-story building totaling approximately 3,089 SF on approximately 6,098 SF of land, with two commercial units, 8 parking spaces, and a flat site configuration. Unit 1050 is currently leased to Atlantic Plaza Pharmacy, providing in-place income, while Unit 1052 is vacant and offers approximately 1,989 SF of flexible space for lease-up, owner-user occupancy, or repositioning. Unit 1052 was previously used as a medical office with exam rooms and sink locations, which have since been capped and converted into office-style rooms. The property also includes a seller-reported rear studio-style flex area with a bathroom, included within the total building square footage, which may provide additional flexibility subject to buyer verification. The property is zoned LBCO and sits on a flat parcel with wood-frame construction and a maintained roof. Ownership has also explored preliminary mixed-use affordable housing redevelopment concepts for the site, creating a potential opportunity for a buyer to evaluate continued commercial use, owner-user occupancy, income stabilization, or future development, subject to City of Long Beach approvals and buyer due diligence.