2444 Pacific

Long Beach, CA 90806
Property listed by Southland Property Group, Perry Karn 562-519-0099
$1,850,000
Exceptional 8-Unit Investment Opportunity in Long Beach – Value-Add with ADU Potential! Introducing 2444 Pacific Ave, a rare opportunity to acquire a well-located 8-unit apartment building in the heart of the Wrigley area of Long Beach. This income-producing property offers investors immediate cash flow with significant upside potential through strategic improvementsRead MoreRead Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1943
MLS Number
PW26063703
Property Location Map
Additional Details
Building
Built in 1943, 1 building, 2 stories, Entry level: 1, Entry location: Front and Side
Community
Sidewalks, Urban
Expenses
Gardener: $840, Insurance: $8,400, Operating: $43,190, Trash: $698, Water/Sewer: $13,292
Garage
5 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $151,844, Gross ScheduledIncome: $156,540, Net Operating Income: $108,654
Laundry
CommonArea
Lot
0.1712 acres, ZeroToOneUnitAcre
Parking
5 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7205008016, Lot: 19
Utilities
Water Source: Public, 8 separate electric meters, 8 separate gas meters
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Laura Grabher
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.