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$ 3,400,000
Est. payment /mo
New
911 Pacific AVE Long Beach, CA 90813
7,505 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26195965
HOA Y/N No
Year Built 1908
Annual Tax Amount $25,000
Lot Size 7,505 Sqft
Property Sub-Type Multi Family
Property Description
Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units.
The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns.
All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability.
With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.
The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns.
All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability.
With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Inside
Exterior
Total Parking Spaces 3
Building
Lot Description 11-15 Units/Acre
Story 2
Water Public
Others
Tax ID 7272012016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Yu Ooka West Shores Realty, Inc. 310-806-1131, DRE #02139987