1121 Pacific Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $5,404/month
Highlights
- 0.17 Acre Lot
- Laundry Room
- Bike Trail
About This Home
High-density development opportunity situated on a 7,444 square-foot lot in a centrally located in the rapidly growing downtown Long Beach market. The property consists of one 1-bedroom, 1-bath units, along with one studio unit. On-site parking is abundant, including four single-car garages and multiple uncovered spaces, providing convenience for residents and guests. The site is zoned PD-30, supporting a wide range of residential development possibilities. The zoning and location make this a compelling option for those seeking to expand or redevelop in a rapidly evolving area.
Listing Agent
Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 07/05/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1930
Lot Details
- 7,446 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 870 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 7272005010
- $428 per year additional tax assessments
Community Details
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,305
- Trash Expense $900
- New Taxes Expense $15,490
- Operating Expense $28,940
- Gross Income $55,200
- Net Operating Income $28,940
Additional Features
- 2 Units
- Laundry Facilities
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 | $8,484 | $661,652 | $426,520 | $235,132 |
| 2024 | $8,484 | $648,679 | $418,157 | $230,522 |
| 2023 | $8,341 | $635,960 | $409,958 | $226,002 |
| 2022 | $7,831 | $623,491 | $401,920 | $221,571 |
| 2021 | $7,730 | $611,267 | $394,040 | $217,227 |
| 2020 | $2,289 | $158,950 | $153,069 | $5,881 |
| 2019 | $2,263 | $155,834 | $150,068 | $5,766 |
| 2018 | $2,132 | $152,779 | $147,126 | $5,653 |
| 2016 | $1,970 | $146,849 | $141,414 | $5,435 |
| 2015 | $1,895 | $144,644 | $139,290 | $5,354 |
| 2014 | $1,890 | $141,812 | $136,562 | $5,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | Price Changed | $899,000 | 0.0% | $1,033 / Sq Ft | |
| 10/16/2025 10/16/25 | For Sale | $899,000 | -28.0% | $1,033 / Sq Ft | |
| 10/14/2025 10/14/25 | Off Market | $1,249,000 | -- | -- | |
| 10/14/2025 10/14/25 | For Sale | $1,249,000 | 0.0% | $1,436 / Sq Ft | |
| 10/13/2025 10/13/25 | Off Market | $1,249,000 | -- | -- | |
| 09/26/2025 09/26/25 | For Sale | $1,249,000 | 0.0% | $1,436 / Sq Ft | |
| 09/25/2025 09/25/25 | Off Market | $1,249,000 | -- | -- | |
| 07/05/2025 07/05/25 | For Sale | $1,249,000 | 0.0% | $1,436 / Sq Ft | |
| 09/01/2024 09/01/24 | For Rent | $1,495 | 0.0% | -- | |
| 03/24/2020 03/24/20 | Sold | $605,000 | +0.9% | $756 / Sq Ft | View Prior Sale |
| 03/03/2020 03/03/20 | For Sale | $599,900 | -- | $750 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $605,000 | Ticor Title | |
| Grant Deed | $135,000 | Stewart Title | |
| Trustee Deed | $266,500 | None Available | |
| Grant Deed | $599,000 | Lawyers Title | |
| Grant Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $509,150 | Fannie Mae Freddie Mac | |
| Previous Owner | $334,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25142118
APN: 7272-005-010
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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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