911 Pacific Avenue

Long Beach, CA 90813

About this property

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.

About this property

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.

Features and Additional Information

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$3,400,000 Active
6,388 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
West Shores Realty, Inc.
1-310-541-8000
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Area Information

4 Downtown Area | Alamitos Beach | Los Angeles County |

$ 3,400,000
This listing is play_arrow 278.2% higher than the average in the area
$ 899,000 in the area
6,388 SqFt
This listing is play_arrow 61.3% larger than the average in the area
3,960 SqFt in the area
$ 532 $/SqFt
This listing is play_arrow 134.4% more than the average in the area
$ 227 $/SqFt in the area
51 days on site
This listing is play_arrow 81.3% below the average in the area
272 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Yu Ooka
Brokerage: West Shores Realty, Inc.

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