• Call your local brokerage at 310.856.1130
For Sale:$835,000
$2,955/mo
Monthly Payment:
$2,955
Principal & Interest:
$2,955
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $167,000 down)
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2369 Pacific Avenue


Long Beach, CA 90806

Wrigley Long Beach Unified School District
N/Asq ft N/A / sq ft MFR
Lot Size7,261sq ft Built1931 On site197days
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Great income property opportunity. Split use zoning (CNP - Neighborhood Pedestrian-Oriented Commercial). Property has 5 different units total on the property, all generating monthly rents currently totalling $4,900 per month. There are 2 office/retail units with great Pacific Avenue street frontage, rents are currently $700 and $800 respectively. The property also has 3 residential units set behind the office spaces. Each unit is 1 bedroom, 1 bathroom and the current rents are $950, $950 and $900 respectively. The property has ample open space parking as well as 4 private garages. Two of the 4 the garage units are rented as storage for $250 and $350 each. All rents are month-to-month with the exception of the $800 per month office space, this unit has approximately 18 months left on lease. This is a great way to diversify your investment portfolio. Pro forma rental income is roughly $5,285 per month or $63,420 annually. Buyer to verify all information on their own, information deemed reliable, but not guaranteed.
Walk Score®:
Last Checked For Updates: 5 hours 44 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 23
MLS #OC16112837 , Listed on 05/24/16 by STAR REAL ESTATE
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MLS Listing Information for 2369 Pacific Avenue

Exterior Features

Parking

  • Assigned
  • Garage
  • Shared Driveway
  • 4 Parking Spaces
  • 4 Garage Spaces

Stories Desc.

  • Two Levels

Garage Spaces

  • 4

Lot Size

  • 7,261 Sq. Ft.

Lot Description

  • Lot-Level/Flat

# of Units

  • 3

Utilities

Heating

  • Wall Heater

Water

  • Public

Additional Information

County

  • Los Angeles

Land Lease Type

  • Fee

Community Rec.

  • Curbs
  • Sidewalks
  • Street Lighting

Listing Broker

  • STAR REAL ESTATE

Assessments

  • 0

Originating MLS

  • Multi-Regional Multiple Listing Service

Price History for 2369 Pacific Avenue

Date Event Price Source
12/06/16 Price Change: -$15,000 $835,000 CRMLS (Socal)
10/03/16 Price Change: -$49,000 $850,000 CRMLS (Socal)
08/09/16 Price Change: -$50,000 $899,000 CRMLS (Socal)
05/24/16 New Listing $949,000 CRMLS (Socal)

Schools Information

From Public Records
School District: Score      
Long Beach Unified School District
5.4
     

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Nearby Homes For Sale

Houses for sale near 2369 PACIFIC AVE
This Multi-Family home for sale in Long Beach, CA is currently listed for $835,000. Featuring a lot size of 7,261 Sq. Ft., 2369 Pacific Avenue was built in 1931 and has been on coldwellbankerrealestate.com for 197 days.

This listing is provided courtesy of STAR REAL ESTATE. Interested in viewing more homes for sale near 2369 Pacific Avenue Long Beach, CA 90806? You can search all Long Beach MLS listings, find a real estate agent, get a home value estimate and more on coldwellbankerrealestate.com.
Local real estate services provided by:
Coldwell Banker JMP Realty
Coldwell Banker JMP Realty
2203 W. 190th Street
Torrance, CA 90504
James Kyun Kong, CAL BRE 01173664
310.856.1130
Website provided and owned by Coldwell Banker JMP Realty.
2369 Pacific Avenue Long Beach, CA 90806 $835,000
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The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). JMP Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of JMP Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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Data last updated: Wednesday, December 7, 2016 at 10:34 PM. Properties in listings may have been sold or may no longer be available.