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1861 Pacific Ave
Long Beach, CA 90806
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Fully leased mixed-use building with upside potential and/or owneruser opportunity
  • Two retail units in front and a 1920's style detached 6 unit apartment building in back
  • All residential tenants have separate gas and electrical meters
  • Frontage along Pacific Ave
  • Can be sold with the adjacent parking lot
  • Located in an opportunity zone

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 6,072 SF
Average Occupancy 100%
No. Stories 2
Year Built 1929
Parking Ratio 0.82/1,000 SF
Zoning LBCCA - Long Beach Coastal Commercial Area

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Lawn

Property Taxes

Property Taxes

Parcel Number
7209-022-010
Land Assessment
$719,100
Improvements Assessment
$1,519,800
Total Assessment
$2,238,900
  • Listing ID: 24152291

  • Date on Market: 9/23/2021

  • Last Updated:

  • Address: 1861 Pacific Ave, Long Beach, CA 90806

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