For Sale Multi-Family MLS# SB26195965

911 Pacific Avenue

Long Beach, CA 90813

$3,400,000

california-regional-mls-rsd logo

About 911 Pacific Avenue

Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units.

The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns.

All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability.

With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
1908
Stories
2
Living area
6,388 sqft
Price / sqft
$532
Lot
0.1723
Original price
$3,400,000
MLS #
SB26195965

Interior

Features
Inside
Laundry
Inside

Exterior & lot

Features
Parking spaces: 3
Construction
2
Lot
7272012016

Schools

District
Long Beach Unified School District

Utilities

Utilities
Public
Water
Public

Financial

Annual tax
$25,000
Parcel
7272012016
Special conditions
Standard

Location

Area
4 - Downtown Area, Alamitos Beach
County
Los Angeles
Neighborhood
Willmore City
Directions
Go East on Anaheim st and make right on Pacific ave

Ask about this property

Questions on 911 Pacific Avenue, Long Beach, CA 90813, or want to see it in person?

Listed by Yu Ooka, West Shores Realty, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.