2000 Pacific Avenue Long Beach, CA ^$ 949,000

2000 Pacific Avenue

^$ 949,000

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2000 Pacific Avenue

Long Beach, CA, 90806

^$ 949,000

Bedrooms7 Baths3.0 Sq 1,377

Monthly Estimate*

^$ 6,629

Listed by RE/MAX MASTERS

2000 Pacific Avenue, Long Beach, CA 90806 - Image 1

2000 Pacific Avenue, Long Beach, CA 90806 - Image 2

2000 Pacific Avenue, Long Beach, CA 90806 - Image 3

2000 Pacific Avenue, Long Beach, CA 90806 - Image 4

2000 Pacific Avenue, Long Beach, CA 90806 - Image 5

Multi-Family Home for sale in Long Beach, CA

for $949,000 with 7 bedrooms and 3 full baths. This 1,377 square foot home was built in 1928 on a lot size of 0.1712.

Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the opportunity!

Multi-Family Active

Price

^$ 949,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1712

Year Built

1928

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

IV24073484

Days on Market

Features

General

Sewer PrivateSewer

Zoning LBCNP

Garage Spaces 2.0

Pool Features None

Year Built 1928

Property SubType Duplex

Gross Income 2300.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 72920.0

Operating Expense 5080.0

Insurance Expense 700.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions From 710 East Pacific Coast Hwy North Pacific Ave 0.3 miles property on east side of pacific

City Long Beach

Entry Location front

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area 5 - Wrigley Area

Lot Size Square Feet 7458.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Pacific

Listing Terms Cash Conventional Item1031Exchange FHA FannieMae OwnerMayCarry PrivateFinancingAvailable VALoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 2400.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 480.0

Water Sewer Expense 1500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 7

Property Sub Type Additional Duplex

Expected Active Date 2024-04-17

Cap Rate 6.5

Exterior

Lot Features FrontYard

Water Source Public

Total Parking 2.0

Lot Size Area 7458.0

Number of Buildings 2

Spa N

Building Area Total 1377.0

Lot Size Acres 0.1712

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Outside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2000

* Excluded Features

List By

Re/Max Masters

Broker

(626) 967-1779

Phone

Affordability Calculator

$6,629

Per Month

Monthly Principal & Interest: $6,629
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 120%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$949,000		Listed Price

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2000 Pacific Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $949,000 with 1,377 sqft and a lot size of 0.1712. 2000 Pacific Avenue has 7 bedrooms, 3.0 baths, and was built in 1928. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2000 Pacific Avenue

Multi-Family Home for sale in Long Beach, CA

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