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Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
$ 2,875,000
Est. payment /mo
Price Dropped by $70K
939 Pacific AVE Long Beach, CA 90813
7,506 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25149498
Year Built 1959
Lot Size 7,506 Sqft
Source California Regional MLS
Property Description
We are pleased to present 939 Pacific Avenue, a fully renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the K-9 Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units, each averaging approximately 600 square feet. All units were fully remodeled in 2018-2019 with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements during the same period included new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. In 2023, all HVAC units were replaced or repaired as needed and the main electrical panel was upgraded - demonstrating pride of ownership and a commitment to ongoing mainten
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Laundry Area
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 7272012009
Special Listing Condition Not Applicable
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