$899,000
0.16 acres
33.8003 -118.194

2369 Pacific Avenue Long Beach, CA 90806

$899,000
Est. Monthly $4,571 recalculate
0.16 acres
 

Have A Question? Contact Office Contact CENTURY 21 Amber Realty Inc.

CENTURY 21 Amber Realty Inc.
23705 Crenshaw Blvd. #100
Torrance, CA 90505
310.­326.8100
310.­326.8100
CENTURY 21 Amber Realty Inc.
23705 Crenshaw Blvd. #100 Torrance, CA 90505
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2369 Pacific Avenue
Long Beach, CA 90806

Explore This Property

Multi-Family (2-4 Units) - Call Robert for more details at 714-305-2050. This is a great income property opportunity. Split use zoning (CNP-Neighborhood pedestrian-Oriented Commercial). Property has 5 different units total on the property, all generating monthly rents currently totaling $4,900 per month. There are 2 office/retail units with great Pacific Ave. street frontage, rents are currently $700 and $800 respectively. The property also has 3 residential units set behind the retail spaces. Each unit is a 1 bedroom, 1 bath and the current rents are $950, $950 and $900. The property has ample open space parking as well as 4 private garages. Two of the 4 garage units are rented as storage for $250 and $350 each. All rents are month-to-month with the exception of the $800 per month office space, this unit has approximately 11 months left on lease. The driveway is NOT shared with other properties. This is a great way to diversify your investment portfolio. Pro forma rental income is closer to $5,300 per month or $63,600 annually. Buyer to verify all information on their own, information deemed reliable but not guaranteed.
MLS # OC17121764
Courtesy Of Star Real Estate

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.16 Acres
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $4,571Your estimated monthly payment
    $179,80020% Down Payment
    $899,000 $809,100
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    LAFAYETTE ELEMENTARY SCHOOL
    Grades K-5 | Public School

    LONG BEACH, CA 90806
    2445 CHESTNUT AVE
    562-426-7075
    0.1
    miles

    Total Students 960
    Student Teacher Ratio 27:1

    School Rating

    2 stars View School Details
    Middle School
    WASHINGTON MIDDLE SCHOOL
    Grades 6-8 | Public School

    LONG BEACH, CA 90813
    1450 CEDAR AVE
    562-591-2434
    1.0
    miles

    Total Students 980
    Student Teacher Ratio 23:1

    School Rating

    2 stars View School Details
    High School
    JUAN RODRIGUEZ CABRILLO HIGH SCHOOL
    Grades 9-12 | Public School

    LONG BEACH, CA 90810
    2001 SANTA FE AVE
    562-951-7700
    1.3
    miles

    Total Students 3200
    Student Teacher Ratio 26:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Holy Innocents Elementary School 0.2 mi Catholic K-8
    Robinson Academy 0.3 mi Public K-8
    Burnett Elementary School 0.5 mi Public K-5
    Birney Elementary School 0.8 mi Public K-5
    Polytechnic High School 1.1 mi Public 9-12
    Garfield Elementary School 1.1 mi Public K-5
    Pacific Baptist School 1.2 mi Private PRESCHOOL-12
    Roosevelt Elementary School 1.2 mi Public K-5
    Renaissance High School For The Arts 1.2 mi Public 9-12
    Signal Hill Elementary School 1.3 mi Public K-5
    St. Lucy School 1.3 mi Catholic PRESCHOOL-8
    Clear Passage Educational Center 1.3 mi Public 9-12
    Muir K-8 1.3 mi Public K-8
    Stephens Middle School 1.5 mi Public 6-8
    Whittier Elementary School 1.5 mi Public K-5
    Alvarado Elementary School 1.5 mi Public PRESCHOOL-5
    Hudson K-8 1.5 mi Public K-8

    Local Area Information for Long Beach, CA 90806

    Median Age: 32.2
    Married: 28.2%
    Number of Households: 12,568
    Households with Children: 5,587
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.