$3,400,000
FOR SALEActive911 Pacific Avenue
Long Beach CA 90813
6,388
SF
Multi-Family
Type
1908
Built
$532/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units. The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns. All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability. With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1723 acres
Lot Size
12
Total Units
6,388 SF
Square Footage
$532.25/SF
Price per SF
5.90%
Cap Rate
$201K
NOI
$25,000
Annual Tax
1,908
Year Built
2
Stories
3
Parking Total
0.47
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
5.9% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
5.90%
Cap Rate
$200,501
NOI
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Recent commercial sales in Long Beach
Sold $3,500,000SOLD5,557 SF•Hotel Motel•19 units1047 1059 Pacific AvenueSold Oct 2026Coldwell Banker Envision | DRE #01948130Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02192199
Sold $640,000SOLD1,392 SF•Mixed Use3061 Long BeachSold Oct 2026Keystone Realty Group | DRE #01868728Buyer's agent: Samir Rai, Keystone Realty Group | DRE #01868728
Sold $2,675,000SOLD5,956 SF•Office3444 E AnaheimSold Sep 2026eXp Realty of California Inc | DRE #01323878Buyer's agent: Sheva Hosseinzadeh, Coldwell Banker Commercial | DRE #01922147
- Sold $2,080,000SOLD3,675 SF•Retail•3 units389 RedondoSold Sep 2026Pabst, Kinney & Associates | DRE #01849377Buyer's agent: Spencer Pabst, Pabst, Kinney & Associates | DRE #01849377
- Sold $1,612,000SOLD3,466 SF•Multi Family•14 units4407 Linden AvenueSold Sep 2026Team Fasnacht Realty | DRE #00542691Buyer's agent: Ellen Henry, Compass | DRE #02000934
- Sold $1,710,000SOLD3,956 SF•Multi Family•26 units4411 Linden AvenueSold Sep 2026Team Fasnacht Realty | DRE #00542691Buyer's agent: Cody Charnell, Sage Real Estate Group, Inc. | DRE #01950585
Closed commercial sales reported, newest first.
CRMLS
MLS# SB26195965
Listed:
Nalren refreshed:
Last updated
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Listed by: West Shores Realty, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.