$1,495,000 1775 Pacific Avenue Long Beach, CA

MLS: RS17215006   Type: Income   County: Los Angeles   City: Long Beach   Area: Downtown Area - Alamitos Beach   Neighborhood: Other   Zip: 90813     Stories: 2

Mortgage $7,019 /mo



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Great Investment Opportunity! Subject property consists of 3 buildings. Excellent unit mix: 2 Commercial retail units in front, 6 residential units in rear (four 3-bedroom, one 1-bedroom and one studio). Excellent Long-Term Tenants. Spacious outdoor common area. Four private garages. Separately metered for gas and electric. Close proximity to Retail Amenities, Downtown, Long Beach Convention and Entertainment Center, Queen Mary, Long Beach Performing Arts Center, the beach, night life and much more. Long Beach is considered a major development hub in Southern California. Property offers investors a great opportunity to acquire a value-add asset in a strong non-rent control.

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Price History

9/18/2017 Listed $1,495,000

Association Fee 0.00
Association Y/N 0
Attached Structure Attached
Community Features Urban
Levels Two
Listagentstatelicense 01421262
Listing Agent Ana Maria Nava - BRE#01421262
MLS Area 4 - Downtown Area, Alamitos Beach
Number of Units Leased 8
Price Per Square Foot 245.97
Propertyattachedyn 1
Security Features Gated Community, Security Lights, Smoke Detector, Window Bars
Senior Community Y/N 0
Special Listing Conditions Standard
Subdivision Other (OTHR)
Subdivisionnameother Other
Total Units 8
Utilities Cable Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected

Interior Features

Air Conditioning Y/N 0
Average1bedareaunits Square Feet
Average2bedareaunits Square Feet
Average3bedarea 880
Average3bedareaunits Square Feet
Averagestudioareaunits Square Feet
Common Walls 2+ Common Walls
Cooling None
Heating Wall Heater
Heating Y/N 1
Laundry Features Area
Laundry Y/N 1
Total Stories 2

Exterior Features

Building Area Total 6078.00
Construction Materials Stucco
Fenceyn 1
Fencing Block, Good Condition, Wood
Garage Spaces 4.00
Land Lease Y/N 0
Lot (Land) Features 6-10 Units/Acre, No Landscaping
Lot Size Source Assessor
Lot Size Square Feet 7497.00
Lotsizeunits Square Feet
Number of Buildings 3
Number of Separate Electric Meters 9
Number of Separate Gas Meters 9
Number of Separate Water Meters 1
Parking Features Garage - Rear Entry, Street
Parking Total 4.00
Pool Features None
Private Pool Y/N 0
Road Frontage Type City Street
Road Surface Type Alley Paved, Paved
Roof Shingle
Water Source Public

Property Schools

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Property vs Zip Code Avg (90813)

Price 1.49M Avg 1.27M

Sqr Feet 6,078 Avg 4,555

Cost / Sqr Ft $246 Avg $279

Acres 0.17 Avg 0.13

Visits 35 Avg 33

Days on Site 158 Avg 61

Walkscore® 82 Avg 86

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Listing Provided Courtesy Of: Ana Maria Nava with All California Brokerage Inc.

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Location & Address

eXp Realty California
2603 Camino Ramon Suite 200
San Ramon, CA