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Closed
- Listed price
- $1,345,000
- Listed Dec 10, 2018
- Sold price
- $1,325,000
- Sold Apr 29, 2019
16,170 sqft lot|1945 Built|103 MLS days on market
1927 Pacific Ave, Long Beach, CA 90806
Property Description
This sale offers the opportunity to purchase a commercial property that is suitable for office, retail or development in the heart of Wrigley Village. The subject property is located on the west side of Pacific Avenue between 19th and 20th Street. This area, known as Wrigley Village, experiences high foot traffic and has an auto count of over 16,000 vehicles per day. Much of the street is comprised of offices and retail locations and offers a pedestrian-friendly atmosphere. Zoning on the site is CNP, which is a commercial district that is oriented towards serving pedestrians with buildings located at the front setback. Many commercial uses are permitted. Considering the size of the lot, the subject property lends itself to the possibility of development. Favorable zoning allows for minimal setbacks and two story construction. Add on to the existing building or develop from ground up. This sale offers the opportunity to purchase a value-add commercial property in a desirable infill location. The property is suitable for Personal Services, Professional Services, Daycare, Pre-School, Restaurant, Retail, Office, and more. The property has attributes that will be attractive to investors, owner/users and long-term value seekers.
Listing agent: Derek CaldwellDRE #01929621derek.caldwell@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/31/2026, 3:12:12 AM PT
Source: CRMLSMLS #: PW18288832
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,325,000
Apr 29, 2019
Available records22018–2019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90806 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90806 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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