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1861 Pacific Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 8-Unit Mixed-Use Property
- 6 Fully Renovated Residential Units (100% Occupied!)
- 2 Leased Storefront Retail Units in a highly visible location
- Individually metered for gas & electricity
EXECUTIVE SUMMARY
Prime Investment Opportunity! This fully leased mixed-use property offers the perfect blend of stability and potential. Located in the vibrant city of Long Beach, it features two retail storefronts and six apartment units, providing multiple income streams from day one. With 100% occupancy, this unique property generates immediate returns, making it an ideal addition to any investor's portfolio. Positioned in a thriving area with strong rental demand and retail growth, this asset promises long-term appreciation and cash flow. Don’t miss out on this rare chance to own a versatile, income-generating property in one of Southern California’s most dynamic markets!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Tub/Shower
- Lawn
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | $3,420 CAD | 945 - 946 |
| 2+1 | 4 | $2,963 CAD | 630 - 650 |
| Studios | 1 | $1,954 CAD | 278 |
PROPERTY TAXES
| Parcel Number | 7209-022-010 | Improvements Assessment | $2,134,711 CAD |
| Land Assessment | $1,010,048 CAD | Total Assessment | $3,144,759 CAD |
PROPERTY TAXES
Parcel Number
7209-022-010
Land Assessment
$1,010,048 CAD
Improvements Assessment
$2,134,711 CAD
Total Assessment
$3,144,759 CAD
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