Log In/Sign Up
Your email has been sent.
1861 Pacific Ave 8 Unit Apartment Building $2,381,488 CAD ($297,686 CAD/Unit) 6.83% Cap Rate Long Beach, CA 90806
Executive Summary
Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses
seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for
tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions,
dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long
Beach's most sought-after locations.
seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for
tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions,
dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long
Beach's most sought-after locations.
Property Facts
| Price | $2,381,488 CAD | Building Class | C |
| Price Per Unit | $297,686 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 6,267 SF |
| Cap Rate | 6.83% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 0.82/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LBCCA - Long Beach Coastal Commercial Area | ||
| Price | $2,381,488 CAD |
| Price Per Unit | $297,686 CAD |
| Sale Type | Investment |
| Cap Rate | 6.83% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,267 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 0.82/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LBCCA - Long Beach Coastal Commercial Area |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Tub/Shower
- Lawn
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7209-022-010 | Improvements Assessment | $2,140,258 CAD |
| Land Assessment | $1,012,673 CAD | Total Assessment | $3,152,931 CAD |
Property Taxes
Parcel Number
7209-022-010
Land Assessment
$1,012,673 CAD
Improvements Assessment
$2,140,258 CAD
Total Assessment
$3,152,931 CAD
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1861 Pacific Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.