$2,200,000

1861 Pacific Avenue, Long Beach, CA 90806

6,072 sqft

other
Built in 1929
7,841sqft lot
—— car garage
$362/sqft
Listed 10 months ago

Property Description

Prime Investment Opportunity! This fully leased mixed-use property offers the perfect blend of stability and potential. Located in the vibrant city of Long Beach, it features two retail storefronts and six apartment units, providing multiple income streams from day one. With 100% occupancy, this unique property generates immediate returns, making it an ideal addition to any investor's portfolio. Positioned in a thriving area with strong rental demand and retail growth, this asset promises long-term appreciation and cash flow. Donâ€™t miss out on this rare chance to own a versatile, income-generating property in one of Southern Californiaâ€™s most dynamic markets!

Listing Status:: Active
Date Added:: January 9, 2025 at 06:00AM
Listing Office:: Douglas Elliman of California : 949-270-0440
Listing Agent:: Sean Wang : 310-745-2651
MLS ID:: CROC24255381

County: Los Angeles

Zoning: 7209022010

This listing courtesy of Sean Wang, Douglas Elliman of California

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Roosevelt Elementary School

1574 Linden Ave, Long Beach, CA, 90813

Grades KG-5

0.55 miles away

Washington Middle School

1450 Cedar Ave, Long Beach, CA, 90813

Grades 6-8

0.41 miles away

Educational Partnership High School

1794 Cedar Ave, Long Beach, CA, 90813

Grades 9-12

0.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.