1151 Pacific Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $8,711/month
Highlights
- 0.17 Acre Lot
- Laundry Room
- Rectangular Lot
About This Home
1151 Pacific Avenue is a fourplex in Long Beach, California. The property is a 1978 construction with spacious floor plans and a highly desirable mix of three two-bed/two-bath units and one three-bed/two-bath unit. The property also offers on-site laundry, a two-car garage in the front, and four single-car garages in the rear with tandem driveway parking.
1151 Pacific Avenue is located in the Willmore neighborhood, offering tenants easy access to retail (WalkScore: 89), the Metro Blue Line, Downtown Long Beach, and the 710 Freeway.
Current rents offer a new investor 10 percent rental upside.
1151 Pacific Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1209 Olive Avenue, a six-unit building. Properties available separately or together.
Listing Agent
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 04/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,661
Year Built
- Built in 1978
Lot Details
- 7,492 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Open Parking Spaces
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,530 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 4 / 4
- Assessor Parcel Number 7272005036
- $1,025 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Net Operating Income $93,096
Additional Features
- 4 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 | $13,661 | $1,037,428 | $669,309 | $368,119 |
| 2024 | $13,661 | $1,017,087 | $656,186 | $360,901 |
| 2023 | $13,432 | $997,145 | $643,320 | $353,825 |
| 2022 | $12,623 | $977,594 | $630,706 | $346,888 |
| 2021 | $12,358 | $958,427 | $618,340 | $340,087 |
| 2020 | $12,325 | $948,600 | $612,000 | $336,600 |
| 2019 | $5,230 | $355,298 | $60,890 | $294,408 |
| 2018 | $4,966 | $348,333 | $59,697 | $288,636 |
| 2016 | $4,550 | $334,809 | $57,380 | $277,429 |
| 2015 | $4,382 | $329,781 | $56,519 | $273,262 |
| 2014 | $4,373 | $323,322 | $55,412 | $267,910 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $1,434,000 | -- | $317 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Clearmark Title | |
| Grant Deed | $930,000 | Progressive Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $675,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $180,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25075583
APN: 7272-005-036
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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