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1035 Pacific Avenue

Long Beach, CA 90813
  • $1,250,000
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • MLS #: PW21247374
Under Contract
UPDATED: 29 min ago
$1,250,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Danny Stojakovic of Berkshire Hathaway H.S.C.P. (562-685-9000)


Description

Great investment opportunity in Downtown Long Beach. Front building consists of a 3 bed & 2 bath unit with the rear building consisting of four 1 bed & 1 bath unit with a small laundry/den. Large Lot, with great common area. Gated for safety and security. All units will be delivered tenant occupied. Please review current total rents associated with this listing. Tenants are long term, ranging from 8 years to 30 years and rental income shows that. Location is great with all new development happening in Downtown Long Beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/123233516
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1035 Pacific Avenue Long Beach, CA 90813

  • Price: $1,250,000
  • Status: Active Under Contract
  • On Site: 72 Days
  • Updated: 29 min ago
  • MLS #: PW21247374
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1920
Built
Neighborhood:
Downtown (Dt)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Great investment opportunity in Downtown Long Beach. Front building consists of a 3 bed & 2 bath unit with the rear building consisting of four 1 bed & 1 bath unit with a small laundry/den. Large Lot, with great common area. Gated for safety and security. All units will be delivered tenant occupied. Please review current total rents associated with this listing. Tenants are long term, ranging from 8 years to 30 years and rental income shows that. Location is great with all new development happening in Downtown Long Beach.
Exterior Features

Lot Features LandscapedNear Park Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features GolfSidewalksPark Contingency No Contingencies Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 80640 Insurance Expense 1926 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 70347 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 2 Operating Expense 10293 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1589 Water Sewer Expense 5807 Water Source Public Zoning Lbco



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Danny Stojakovic of Berkshire Hathaway H.S.C.P. (562-685-9000)