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$ 1,399,999
Est. payment | /mo
7,261 Sqft Lot
$ 1,399,999
Est. payment | /mo
7,261 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26003312
HOA Y/N No
Year Built 1931
Lot Size 7,261 Sqft
Property Sub-Type Mixed Use
Property Description
Cash-Flow investment Opportunity in Long Beach. Located at 2369 Pacific Ave, this mixed-use property with future upside potential. Zoned CNP (Neighborhood Pedestrian-Oriented Commercial), the asset is ideal for investors seeking a versatile, income-producing property in a high-demand area. The property consists of multiple residential and commercial units. There are three 1-bedroom, 1-bath residential units. Each unit can collect $2,100 per month. Each of the Two commercial retail units can potentially collect $1,500 a month. Their are 4 garage parking spaces with the potential to be converted to two ADU's. The property features 14 on-site parking spaces and is conveniently located near schools, public transportation, and shopping centers, making it a compelling investment with immediate cash flow and long-term value-add potential.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Fireplace No
Laundry Common Area
Building
Lot Description 2-5 Units/Acre
Story 2
Water Public
Others
Tax ID 7205016017
Special Listing Condition Standard
Listed by Steven Padilla Century 21 A Better Service 562-607-1036
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