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944 Pacific Ave
Long Beach, CA 90813 Downtown Long Beach

$1,850,000 USD

Apartments For Sale  •  4,583 SF

Property Details

• Property Type Apartments
• Total Building Size 4,583 SF
• Lot Size 0.16 AC
• Building Class B
• Year Built 1959
• Zoning LBPD30

70 Transit Score

80 Walk Score

Highlights

Turnkey Asset Not Subject to Rent Control: Converted from a creative office space in 2020, this six-unit building is not subject to rent control

Diverse Unit Mix: Four one-bed/one-baths, one two-bed/one-bath, and one two-bed/two-bath

Desirable Amenities: In-unit laundry, mini splits, modern finishes, landscaped courtyard with patios, controlled access, and on-site parking with E/V

Rental Upside: Current rents present 15 percent potential upside

Separately Metered for All Utilities: Tenants pay their own electric, gas, and water, keeping owner expenses to a minimum

Located in Downtown Long Beach: Conveniently near retail, major employers and attractions, and three blocks to the Metro E Line

Property Flyers

OM - 944 Pacific Ave

Amenities

• Air Conditioning
• Balcony
• Courtyard
• Dishwasher
• Microwave
• Washer/Dryer
• Gated
• Ceiling Fans
• Hardwood Floors
• Vaulted Ceiling
• Refrigerator
• Oven
• Sprinkler System
• Walk-In Closets
• Double Pane Windows

Public Transportation

Transit/Subway	Drive	Walk	Distance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	9 min	0.5 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	9 min	0.5 mi
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	12 min	0.6 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	15 min	0.8 mi
1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	11 min	-	4.8 mi
Los Angeles International	31 min	-	21.5 mi
John Wayne/Orange County	34 min	-	21.7 mi

Parking Details

Parking Available:	Yes
Reserved:	Yes
Spaces Provided:	10
Type:	Reserved
Included in Rent:	Yes