2429 Pacific Ave, Long Beach, CA 90806

2429 Pacific Ave, Long Beach, CA 90806

Long Beach, CA

Property Description

Designed by famous Mid-Century Modern architect Edward Killingsworth, 2429 Pacific Ave offers a one-of-a-kind value-add opportunity located in the heart of Long Beach. Completely remodeled and delivered vacant, this is the perfect opportunity for any owner user or investor looking for a prized creative office asset in a fantastic location. 2429 Pacific Ave has 2,040 Sq. Ft of rentable office space and is situated on an oversized 11,619 Sq.Ft lot, zoned LBCNP. Zoning would allow for potential Live/Work Unit. The property features abundant parking on site, an indoor/outdoor office atmosphere, and the potential to add a back patio. Market rents for the similar product will rent out at $4,500 should the owner decide to add monthly income. The upside in the Long Beach market is limitless, with $6 Billion in new capital pouring into projects such as the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific, Queen Mary Island and many more.

Property Features

  • Sale Price: 950,000
  • Area Size: 2,040 SF
  • Land Area: 11,619 SF
  • Year Built: 1925
  • Listing Date: 11/11/21
  • Closing Date: 5/24/2022