The club was founded on 10 November 1962 after a merger between Club Deportivo Portuarios (founded in 1952) and Unión Deportiva Malvarrosa (founded in 1926), with the latter already having partnerships with Levante UD. The new side was named Club Atlético Levante until 1976, when it changed to Levante UD Aficionados.
In 1994, after the first team became a Sociedad Anónima Deportiva, the reserve side was renamed Levante UD B. In 2014, the club returned to the name of Atlético Levante in an attempt to return to the name of the club in their foundation.[3]