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$1,850,000

FOR SALE
Active

944 Pacific

Long Beach, CA

MLS# PW26196305

Mixed Use
59 days on marketNalren refreshed

Listing Agent

Steven Bogoyevac

Listing Agent

Steven M. Bogoyevac, Broker

DRE #: 01332755

steve.bogoyevac@marcusmillichap.com

Brokerage: Steven M. Bogoyevac, Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

2020

Year Built

6,766 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Mixed Use

Property Type

Description

This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control. 944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion. The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.

Facts & Features

Interior

Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
Rectangular Lot

Building

Year Built
2020
Building Area Total
4,583
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
10

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