1113 Pacific Avenue

Long Beach CA 90813

14891 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

CASH FLOW! Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.

Features

12 bedrooms

4 bathrooms

14891 sq. ft. lot size

Multi-Family

Property history for 1113 Pacific Avenue

2022

Sold

$1,400,000

19 Jul 2022 by David Harrington, of Matthews Real Estate Investment Services

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Local market activity for 12 bedroom multi families in Long Beach

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Pat Swanson

at Pat Swanson

View listing

Sales:: (619) 566-0008

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