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1106 Pacific Ave, Long Beach, CA 90813

$2,400,000

Description

Lyon | Stahl is pleased to present 1106 Pacific Ave. in Long Beach. This spacious, 12-unit property located in the historic Willmore District is a 8,203 Sq. Ft building, equipped with (10) large 1-bed/1-bath units, and (2) large (2-bed/2-bath units. The property comes with (6) single-car garages, highly desirable assets in the city of Long Beach, and offers a market cap well above a 6%. The Pacific Ave. Apartments are situated just blocks from the $6 billion worth of investment going into Downtown Long Beach, which includes the $520 million dollar Civic Center redevelopment, the $250 million Queen Mary Island waterfront development, the $53 million dollar Long Beach Aquarium expansion, and plenty of other vast developments planned for the city. This beautiful property has both easy transportation and entertainment access. This is a great investment for an exchange buyer or owner looking to own a piece of one of Southern California’s last affordable beach communities.

Address

  • City: Long Beach
  • State/county: CA
  • Country: United States

Detail

Updated on December 14, 2018 at 4:27 pm

  • Price: $2,400,000
  • Property Size: 8,203 Sq ft
  • Land Area: 7,507 Sq ft
  • Garage: 6
  • Garage Size: 6
  • Year Built: 1963
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 10

Contact info

Cameron Samimi
Cameron Samimi
(310) 880-3855 (310) 259-7556
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