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2000 Pacific Ave - Pacific 3 Unit Apartment Building Offered at $799,000 Long Beach, CA 90806
EXECUTIVE SUMMARY
POSSIBLE SELLER FINANCING HUGE PRICE REDUCTION !!Potential Retail Development, Liquor/ Market store. Currently exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the opportunity
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $799,000 | Lot Size | 0.18 AC |
| Price Per Unit | $266,333 | Building Size | 1,377 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 3 | Year Built | 1928 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LBCNP - Flexible LBCNP zoning allows for several uses including live-work lofts, restaurants and professional offices.Key Features Residential Areas | ||
| Price | $799,000 |
| Price Per Unit | $266,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.18 AC |
| Building Size | 1,377 SF |
| No. Stories | 1 |
| Year Built | 1928 |
| Opportunity Zone |
Yes |
| Zoning | LBCNP - Flexible LBCNP zoning allows for several uses including live-work lofts, restaurants and professional offices.Key Features Residential Areas |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (76)
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2000 Pacific Ave - Pacific
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