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1950-1954 Pacific Ave
Long Beach, CA 90806 Wrigley

$2,300,000 USD

Apartments For Sale  •  7,591 SF

Property Details

• Property Type Apartments
• Total Building Size 7,591 SF
• Lot Size 0.15 AC
• Building Class C
• Year Built 1962
• Zoning CCR, Long Beach

60 Transit Score

60 Walk Score

Highlights

Current 7.03% Cap Rate and 9.80 GRM

Priced at only $209K and approximately $267 per net rentable square foot

Includes 2 newly constructed ADUs, adding newer rental income and long-term value to the property

Comprised of (1) 2Bed+2Bath unit, (5) 2Bed+1Bath units, and (5) 1Bed+1Bath units

Property Flyers

OM - 1950 Pacific Ave Final

Public Transportation

Transit/Subway	Drive	Walk	Distance
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	9 min	-	3.8 mi
Los Angeles International	29 min	-	20.0 mi
John Wayne/Orange County	32 min	-	23.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes