$1,399,999

Estimated payment $8,383/month

Total Views 8,612
5 Beds
5 Baths
2,951 Sq Ft
$474 Price per Sq Ft

About This Home

Cash-Flow investment Opportunity in Long Beach. Located at 2369 Pacific Ave, this mixed-use property with future upside potential. Zoned CNP (Neighborhood Pedestrian-Oriented Commercial), the asset is ideal for investors seeking a versatile, income-producing property in a high-demand area. The property consists of multiple residential and commercial units. There are three 1-bedroom, 1-bath residential units. Each unit can collect $2,100 per month. Each of the Two commercial retail units can potentially collect $1,500 a month. Their are 4 garage parking spaces with the potential to be converted to two ADU's. The property features 14 on-site parking spaces and is conveniently located near schools, public transportation, and shopping centers, making it a compelling investment with immediate cash flow and long-term value-add potential.

Listing Agent

Steven Padilla

Century 21 A Better Service Brokerage Phone: 562-607-1036 License #00957274 Listed on: 01/06/2026

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,263 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,951 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block F / 1
  • Tax Tract Number 5762
  • Assessor Parcel Number 7205016017
  • $886 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

7,263 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7205016017
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 474.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7263.00
  • Lot Size Acres: 0.1667

Multi Family

  • Lot Size Area: 7263.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Lot: F
  • Tax Tract Number: 5762
  • TaxOtherAnnualAssessmentAmount: 886.00

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,435 $865,943 $519,566 $346,377
2024 $11,435 $848,965 $509,379 $339,586
2023 $11,243 $832,320 $499,392 $332,928
2022 $10,566 $816,000 $489,600 $326,400
2021 $10,350 $800,000 $480,000 $320,000
2020 $5,723 $408,650 $253,770 $154,880
2019 $5,659 $400,639 $248,795 $151,844
2018 $5,375 $392,784 $243,917 $148,867
2016 $4,941 $377,535 $234,447 $143,088
2015 $4,753 $371,865 $230,926 $140,939
2014 $4,725 $364,582 $226,403 $138,179
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2026 01/06/26 For Sale $1,399,999 +75.0% $474 / Sq Ft
08/10/2020 08/10/20 Sold $800,000 -4.2% $271 / Sq Ft View Prior Sale
04/07/2020 04/07/20 Price Changed $835,000 -2.3% $283 / Sq Ft
03/25/2020 03/25/20 Price Changed $855,000 -2.3% $290 / Sq Ft
02/01/2020 02/01/20 For Sale $875,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $800,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26003271

California Regional Multiple Listing Service (CRMLS)

APN: 7205-016-017

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