Long Beach, CA 90813 1113 Pacific Ave
$1,999,000
15 more
Presented By: Pat Swanson with Pat Swanson; 213-864-2862
- MLS# OC25141984
- 06/24/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 15
Baths • 5
SQFT • 5,468
Garage • 4
Home Details
Turnkey asset featuring Four (4), large 3-Bedroom / 1-Bath units (1,093 square feet each), and a 3-Bedroom / 1 Bath House. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (4) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.
Presented By: Pat Swanson with Pat Swanson; 213-864-2862
Interior Features for 1113 Pacific Ave
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesBath, Electric, FamilyRoom, Gas, Kitchen, LivingRoom, Outside
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesCommonArea, Stacked
Total Stories2
Other Rooms
Entry Level1
General for 1113 Pacific Ave
AccessibilityParking
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.82
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, StormDrains, StreetLights, Suburban, Sidewalks, Urban
CountyLos Angeles
DirectionsSouth of Anaheim Street, North of W 10th Street
Electric Expense0.0
Entry LocationFront
Expected Active Date 2025-06-27
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income186780.0
HOANo
Home Warranty Y/NNo
Insurance Expense8202.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet7447.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income136462.0
New ConstructionNo
Number Of Units Total5
Operating Expense20202.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameDowntown (DT)
Tax Lot0
Taxes$24,804
Trash Expense1200.0
Water Sewer Expense1749.0
Year Built1907
Year Built SourceAssessor
Exterior for 1113 Pacific Ave
Building Area Total5468.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.171
Lot Size Area7447.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate