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    2243 Pacific Avenue

    Long Beach, CA 90806
    • $1,550,000
    • STATUS: Active
    • ON SITE: 13 Days
    • ID#: OC21224679
    UPDATED: 42 min ago
    $1,550,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Welcome to 2243 Pacific in the city of Long Beach. This 4 unit building is perfect for a first time investor or an expert looking for great returns on investment. Two units were just renovated in 2021, another unit about 4 years ago, and the 4th unit is ready for you to add your own touch. Each unit comes with a single car garage with private access from the alley. The property also has a large enough lot to build some nice recreational activities for the residents. The property also has space to make 2 more parking spaces that could be additional income. Dont miss this opportunity. Reach out today. Please do not disturb tenants, or walk the property with out an appointment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/122251413
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    2243 Pacific Avenue Long Beach, CA 90806

    • Price: $1,550,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: OC21224679
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1927
    Built
    Neighborhood:
    Wrigley Area (Wr)
    County:
    Los Angeles
    Area:
    5 - Wrigley Area
    Property Description
    Welcome to 2243 Pacific in the city of Long Beach. This 4 unit building is perfect for a first time investor or an expert looking for great returns on investment. Two units were just renovated in 2021, another unit about 4 years ago, and the 4th unit is ready for you to add your own touch. Each unit comes with a single car garage with private access from the alley. The property also has a large enough lot to build some nice recreational activities for the residents. The property also has space to make 2 more parking spaces that could be additional income. Dont miss this opportunity. Reach out today. Please do not disturb tenants, or walk the property with out an appointment.
    Exterior Features

    Fencing BlockChain LinkWrought Iron Lot Features 0-1 Unit/AcreLandscapedYard Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No Heating Floor FurnaceWall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 106392 Gross Scheduled Income 106392 Insurance Expense 2845 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Maintenance Expense 2300 Net Operating Income 98987 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 7405 Pest Control Expense 780 Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 860 Water Source Public Zoning Lbcnp

    Listing provided courtesy of Dusty Mulhearn of Residential Agent Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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