2369 Pacific Ave
Long Beach, CA 90806

3 Bd   6 Ba   2,951 Sqft
Excellent investment opportunity with solid rental income! A mix of 2 office retail spaces and 3 residential units with current rental income of $4,900 per month. The two office units have great street frontage, right on Pacific Ave. and tons of drive by traffic. Unit A rent is $700 per month and unit B is $800 per month. The back 3 residential units each offer 1 bedroom, 1 bathroom units with rents of $950, $950 and $900. The property also includes plenty of open space parking and 4 garage units, 2 of which are currently rented as storage for $250 and $350 respectively. Located in the heart of Wrighley District of Long Beach. All but 1 office/retail space are month-to-month rental currently and this property is not under any known rent control restrictions.
  • Neighborhood: South Wrigley
  • Days on Movoto: 198
  • Year Built: 1931
  • HOA:
  • $/Sqft: $283
  • Lot: 7,261 Sqft
  • Property Type: Single Family
  • MLS#: OC16112719
  • MLS:
  • Listing Office: Star Real Estate
  • Listing Broker: Robert Van Der Goes
  • Movoto last checked Desert Area for new data 29 minutes ago
  • Desert Area last updated this listing 1 day ago

Home Features for 2369 Pacific Ave , Long Beach

Overview
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Property History for 2369 Pacific Ave, Long Beach

Status
Date
Price
Price Change
Dec 6, 2016
$835,000
Price Change
Oct 3, 2016
$850,000
#OC16112719
Price Change
Aug 9, 2016
$899,000
#OC16112837
Listed
May 24, 2016
$949,000
#OC16112888
Listed
May 24, 2016
$949,000
#OC16112837
Listed
May 24, 2016
$850,000
#OC16112719
Listed
May 24, 2016
$949,000
#OC16112719

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As of today, there are 49 properties listed for sale in ZIP code 90806 and 748 properties listed for sale in the city of Long Beach, CA. This property at 2369 Pacific Ave in 90806 is currently listed for $835,000. This is 42% above the $589,999 median price for Long Beach and 61% above the 90806 median of $519,000. Of the 748 properties for sale in Long Beach, 511 are single family homes and 237 are condos. 2369 Pacific Ave is a single family home that is approximately 2,951 square feet, 97% above the Long Beach median of 1,498 and 82% above the 90806 ZIP code median of 1,619. The price per square foot is $283, which is 11% below the median price in 90806 of $319 and 28% below the Long Beach median of $393 per Sqft.

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Built in 1931, this 3-bedroom, 6-bathroom single family house at 2369 Pacific Ave is approximately 2,951 square feet and comes with 4 parking spots. It is listed on 05/24/2016 for $835,000 with a cost per Sqft of $283. 2369 Pacific Ave is located in the South Wrigley neighborhood in the Long Beach Unified School District. The closest school is Lafayette Elementary School.

2369 Pacific Ave has been on the market for 198 days. The median days on the market for properties in this area is 53 with a median list price of $589,999 and median cost per square foot of $393. It's currently listed as active under the MLS #OC16112719.

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