Great investment opportunity in Downtown Long Beach. Front building consists of a 3 bed & 2 bath unit with the rear building consisting of four 1 bed & 1 bath unit with a small laundry/den. Large Lot, with great common area. Gated for safety and security. All units will be delivered tenant occupied. Please review current total rents associated with this listing. Tenants are long term, ranging from 8 years to 30 years and rental income shows that. Location is great with all new development happening in Downtown Long Beach.
Off market
$1,199,800
1035 Pacific Ave, Long Beach, CA 90813
7beds
0baths
5,252sqft
MultiFamily
Built in 1920
-- sqft lot
$1,199,800 Zestimate®
$228/sqft
$2,271 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 0
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 5,252 sqft
Property
Features
- Levels: Two
Lot
- Size: 7,461 sqft
- Features: Front Yard, Landscaped
Details
- Parcel number: 7272005016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- CommunityFeatures: Curbs, Sidewalks, Street Lights
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- CommonWalls: No Common Walls
- PreviousStandardStatus: Active Under Contract
- LotFeatures: Front Yard, Landscaped
- MLSAreaMajor: 4 - Downtown Area, Alamitos Beach
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- TaxTractNumber: 11934
- Sewer: Public Sewer
- StandardStatus: Active
- SeniorCommunityYN: 0
- ParcelNumber: 7272005016
Services availability
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Estimated market value
$1,199,800