911 Pacific Avenue, Long Beach, CA 90813
List Price: $3.4M
Listing Status: Hold
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1908
Lot Size: 7,504 sq ft
Annual Property Tax: $25,000
MLS Number: SB26195965
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.
Listing provided by: Yu Ooka DRE #02139987 310-541-8000 yu.ooka@gmail.com, West Shores Realty, Inc.
Source: CRMLS, MLS #: SB26195965
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.