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$1,434,000
Est. payment /mo
7,492 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25075583
HOA Y/N No
Year Built 1978
Lot Size 7,492 Sqft
Property Sub-Type Quadruplex
Property Description
1151 Pacific Avenue is a fourplex in Long Beach, California. The property is a 1978 construction with spacious floor plans and a highly desirable mix of three two-bed/two-bath units and one three-bed/two-bath unit. The property also offers on-site laundry, a two-car garage in the front, and four single-car garages in the rear with tandem driveway parking.
1151 Pacific Avenue is located in the Willmore neighborhood, offering tenants easy access to retail (WalkScore: 89), the Metro Blue Line, Downtown Long Beach, and the 710 Freeway.
Current rents offer a new investor 10 percent rental upside.
1151 Pacific Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1209 Olive Avenue, a six-unit building. Properties available separately or together.
1151 Pacific Avenue is located in the Willmore neighborhood, offering tenants easy access to retail (WalkScore: 89), the Metro Blue Line, Downtown Long Beach, and the 710 Freeway.
Current rents offer a new investor 10 percent rental upside.
1151 Pacific Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1209 Olive Avenue, a six-unit building. Properties available separately or together.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Suburban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7272005036
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com