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Listed by Pat Swanson • Pat Swanson
$ 1,999,000
Est. payment /mo
Active
1113 Pacific Ave Long Beach, CA 90813
5,468 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,468 sqft
Price per Sqft $365
Subdivision Downtown
MLS Listing ID OC-25141984
Year Built 1907
Lot Size 7,447 Sqft
Property Sub-Type Apartment
Property Description
Turnkey asset featuring Four (4), large 3-Bedroom / 1-Bath units (1,093 square feet each), and a 3-Bedroom / 1 Bath House. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (4) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplaces Type Bath, Electric, Family Room, Gas, Kitchen, Living Room, Patio
Laundry Common Area, Stackable
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban, Urban
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944