1021 Pacific Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $7,875/month
About This Home
Prime investment opportunity. This 6-unit, two-story complex is conveniently located near shopping, public transportation, freeway access, and downtown Long Beach. The unit mix includes One 3-bedroom / 1-bath unit, Two 2-bedroom / 1-bath units and Three 1-bedroom / 1-bath units. The property has seen recent improvements, including fresh interior paint, newer exterior paint. The 3-bedroom unit has new vinyl flooring throughout, One of the 2-bedroom units features new vinyl flooring throughout and an updated kitchen with new cabinets and countertops, and the other 2-bedroom unit has new vinyl flooring throughout the living room and kitchen. Don't miss your opportunity to add this solid income property to your portfolio.
Listing Agent
Platinum Finance Properties Brokerage Phone: 714-625-7240 License #01440504 Listed on: 04/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 7,453 Sq Ft Lot
- Two or More Common Walls
Parking
- 6 Parking Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,860 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Private Water Source
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 10
- Assessor Parcel Number 7272005018
- $1,244 per year additional tax assessments
Community Details
Overview
- 6 Units
- Willmore District Subdivision
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $2,304
- Gardener Expense $840
- Insurance Expense $8,500
- Pest Control $1,300
- Professional Management Expense $9,000
- Water Sewer Expense $5,916
- New Taxes Expense $16,187
- Operating Expense $44,047
- Gross Income $125,196
- Net Operating Income $81,149
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,627 | $864,221 | $490,338 | $373,883 |
| 2024 | $11,627 | $847,276 | $480,724 | $366,552 |
| 2023 | $11,430 | $830,664 | $471,299 | $359,365 |
| 2022 | $10,748 | $814,377 | $462,058 | $352,319 |
| 2021 | $10,513 | $798,410 | $452,999 | $345,411 |
| 2019 | $10,364 | $774,731 | $439,564 | $335,167 |
| 2018 | $10,005 | $759,542 | $430,946 | $328,596 |
| 2016 | $9,190 | $730,050 | $414,213 | $315,837 |
| 2015 | $8,830 | $719,085 | $407,992 | $311,093 |
| 2014 | $5,891 | $451,319 | $177,219 | $274,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | Pending | -- | -- | -- |
| 04/03/2026 04/03/26 | For Sale | $1,295,000 | 0.0% | $266 / Sq Ft |
| 06/24/2024 06/24/24 | Rented | $2,100 | 0.0% | -- |
| 05/22/2024 05/22/24 | For Rent | $2,100 | +20.0% | -- |
| 08/22/2021 08/22/21 | Rented | $1,750 | 0.0% | -- |
| 08/20/2021 08/20/21 | Under Contract | -- | -- | -- |
| 08/05/2021 08/05/21 | For Rent | $1,750 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $631,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $382,000 | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $403,000 | Commercial | |
| Previous Owner | $285,600 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26071423
APN: 7272-005-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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