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939 Pacific Ave
Long Beach, CA 90813
The Driftwood Apartments · Multifamily Property For Sale · 13 Units

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,836 SF
Average Occupancy 100%
No. Stories 2
Year Built 1959
Parking Ratio 0.76/1,000 SF
Zoning LBPD30 - Planned Development

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Microwave
  • Tile Floors
  • Hardwood Floors
  • Stainless Steel Appliances
  • Carpet

SITE AMENITIES

  • Controlled Access
  • Courtyard
  • Laundry Facilities

ABOUT 939 PACIFIC AVE , LONG BEACH, CA 90813

CBRE is pleased to present The Driftwood Apartments, a 13-unit building located in non-rent control Long Beach for sale. The building was first developed in 1959 and is located mid-block just south of the 10th St and Pacific Avenue intersection. Sitting on approximately 7,500 square feet, the property is made up of all ±600 SF one bedroom one bathroom units. There are six garages, two in front and four accessed by the ally in back. This unique to the market investment offers a building that has been kept with rents approximately 30% under market. Downtown Long Beach close to major public transportation as well as the 710 & 405 freeways.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7272-012-009
Land Assessment
$2,395,082
Improvements Assessment
$1,295,968
Total Assessment
$3,691,050
  • Listing ID: 6912536

  • Date on Market: 4/24/2017

  • Last Updated:

  • Address: 939 Pacific Ave, Long Beach, CA 90813

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