1700 Pacific Avenue

Long Beach, CA 90813

$2,448,888
Price
11
Beds
10
Baths
6,423 Sq. Ft.
$381 / Sq. Ft.
6,423
Sq. Ft.
$381
per Sq. Ft.

Description

Welcome to this bread and butter complex that offers: New shingle composite roof, new vinyl windows, all units have been updated with tile flooring. Property has a lot of upside with room to add ADU's ( 4 studios in the back and 1 in the front ) All units are occupied with long term tenants.Welcome to this bread and butter complex that offers: New shingle composite roof, new vinyl windows, all units have been updated with tile flooring. Property has a lot of upside with room to add ADU's ( 4 studios in the back and 1 in the front ) All units are occupied with long term tenants.
  1. Listed by Raul Vega • DRE #01870029 • Brokerage DRE #00995543 • Bankers Investment Group Inc. • 626-905-2252

Property Details for 1700 Pacific Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
10.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6423
Assessor Parcel Number
7269-009-013
Property Attached YN
false
LISTING UPDATED: 09/18/2024 01:54 PM

Property Details for 1700 Pacific Avenue

StatusActive
MLS #OC24191264
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
CountyLos Angeles County

Building Information for 1700 Pacific Avenue

Building/Complex1700 Pacific AveFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-

Property Information for 1700 Pacific Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $188,700
  • Net Operating Income: $174,900
  • Current Financing: None
Expense Details
  • Operating Expense: $13,800
  • Fuel Expense: $0
  • Electric Expense: $600
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $4,800
  • Water Sewer Expense: $4,800
  • Total Expenses: $13,200
Tax / Assessment Info
  • Tax Tract Number: 7269
  • Tax Census Tract: 5754.02
  • CFD/Mello-Roos Fee: $1,811
  • Tax Lot: 25
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Fishing, Gutters, Watersports, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,651
  • Unit Type Total Rent: $1,651
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,855
  • Unit Type Total Rent: $1,855
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,586
  • Unit Type Total Rent: $1,586
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,599
  • Unit Type Total Rent: $1,599
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,468
  • Unit Type Total Rent: $1,468
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,522
  • Unit Type Total Rent: $1,522
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,522
  • Unit Type Total Rent: $1,522
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,522
  • Unit Type Total Rent: $1,522
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 1700 Pacific Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1700 Pacific Avenue

Taxable ValueLand$138,316Additions$246,705Total$385,021
Tax Record2024$6,640 ($553 / month)
Home Facts
Total Finished SqFt6,423 SqFtAbove Grade Finished SqFt6,423 SqFtLot Size6,053 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLBR4RCountyLOS ANGELESAPN7269-009-013

Schools near 1700 Pacific Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1700 Pacific Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on September 13, 2024 by Bankers Investment Group Inc., it's currently listed at $2,448,888. It has been on the market for a total of 96 days and was last sold on March 5, 1999. This listing's school district is Long Beach Unified School District. Nearby schools include Roosevelt Elementary School, Washington Middle School and Polytechnic High School. 1700 Pacific Avenue is a 11-bed, 10-bath, 6,423 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bankers Investment Group Inc., Raul Vega, DRE #01870029

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.