$3,400,000
Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units. The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns. All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability. With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.
Listed by Yu Ooka with West Shores Realty, Inc.
MLS Property Type
Commercial Sale
Property Subtype
Multi Family
Status
Active
MLS Number
SB26195965
Year Built
1908
Building Size
6,388 sq ft
Units
12
Lot Size
7,504 sq ft
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