Commercial Property — 911 Pacific Avenue, Long Beach, CA
$3,400,000
911 Pacific Avenue, Long Beach, CA
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 details
Location
911 Pacific Avenue • Long Beach, CA 90813
Listed by
Yu Ooka · West Shores Realty, Inc.
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