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.
| MLS # | SB26195965 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 12 |
| Listing Provided By | West Shores Realty, Inc. | Yu Ooka |
| SQ Feet | 6,388 |
|---|---|
| Story(s) | 2 |
| Units | 12 |
| Building(s) | 1 |
| Acreage | 0.17 |
| Lot Features | Eleven To Fifteen Units Acre |
|---|
| Property | 25000 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90813) | |
Price: $3,400,000 low | high Med: $1,597,000 sqft: 6,388 low | high Med: 4,364 $ / sqft: $532 low | high Med: $370 On site: 12 low | high Med: 40 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90813) | |
Price: $3,400,000 low | high Med: $1,597,000 sqft: 6,388 low | high Med: 4,364 $ / sqft: $532 low | high Med: $370 On site: 12 low | high Med: 40 | |
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