2000 Pacific AVE Long Beach, CA 90806
Active
$939,000
1%
2 Units
7 Beds
3 Baths
1,377 Area(sq.ft.)
7,458 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 1 | n/a | n/a | $ 2,000 | |
Unit 2 | 1 | 2 | 1 | n/a | n/a | $ 2,000 | |
Unit 3 | 1 | 3 | 1 | n/a | n/a | $ 1,700 | |
3 | 3 | 7 | 3 | $ 0 | $ 0 | $ 5,700 |
MLS #: | IV24073484MR |
Days On Market: | 181 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 682 |
Price per unit: | $ 469,500 |
Year Built: | 1928 |
Property Details
SELLER FINANCING AVAILABLE AT LOWER RATE!! Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities schedule your viewing today and seize the opportunity!Interested in this Listing?
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Income Details
Rent Control: | False |
Total Annual Expense: | $ 5,080 |
Net Operating Income: | $ 72,920 |
Cap Rate: | 6.5% |
Structure
Community Features: | Sidewalks, Street Lights |
Sewer: | Private Sewer |
Water: | Public |
Land & Parking
Zoning: | LBCNP |
Land Lease Type: | Fee |
Interior
Laundry: | Outside |
Exterior
Pool: | No |
Detailed Map
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