-2231 Pacific Avenue, Long Beach, CA 90806
List Price: $950K
Listing Status: ActiveUnderContract
0Days on Market: 54
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1952
Lot Size: 6,602 sq ft
MLS Number: AR26060925
About This Property
A rare chance to reposition a well-located asset in a steadily evolving commercial corridor. Located in the heart of the Wrigley Village retail corridor, this 4,920 SF commercial building offers 112 feet of prime frontage along walkable Pacific Avenue. With flexible zoning—including the MJ Hemp overlay—and a layout currently divided into 3 suites (originally 4), the property is ideal for an investor or owner-user looking to occupy and lease the rest. The building includes 6 gated rear parking spaces with alley access and has been under the same ownership for over 20 years. Current tenants are long-term and on month-to-month leases, paying below market rents—a value-add opportunity through re-leasing, rent adjustments, or repositioning. Situated near Signal Hill, Wrigley Heights, and Downtown Long Beach, with easy access to the 405 and 710 freeways, this property offers strong potential for retail, office, or specialty use. Eligible for SBA financing with 10% down and perfect for a 1031 exchange.
Listing provided by: Yumi Kim DRE #01987116 855-450-0442 yumikimhomes@gmail.com, Real Brokerage Technologies, Inc
Source: CRMLS, MLS #: AR26060925
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.