939 Pacific Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $18,777/month
About This Home
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 714-655-0098 License #02060007 Listed on: 05/27/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1959
Lot Details
- 7,506 Sq Ft Lot
- No Common Walls
Parking
- 6 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,836 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Listing and Financial Details
- Legal Lot and Block 2 / 10
- Tax Tract Number 11934
- Assessor Parcel Number 7272012009
- $2,302 per year additional tax assessments
Community Details
Overview
- 13 Units
- Willmore District Subdivision
Amenities
- Laundry Facilities
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,748
- Fuel Expense $2,748
- Insurance Expense $10,576
- Maintenance Expense $9,750
- Professional Management Expense $13,214
- Trash Expense $2,748
- Water Sewer Expense $2,748
- New Taxes Expense $37,189
- Operating Expense $89,617
- Gross Income $274,680
- Net Operating Income $174,660
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $49,403 | $3,691,050 | $2,395,082 | $1,295,968 |
| 2024 | $47,268 | $3,618,677 | $2,348,120 | $1,270,557 |
| 2023 | $46,462 | $3,547,724 | $2,302,079 | $1,245,645 |
| 2022 | $43,598 | $3,478,162 | $2,256,941 | $1,221,221 |
| 2021 | $42,725 | $3,409,964 | $2,212,688 | $1,197,276 |
| 2020 | $42,615 | $3,376,360 | $2,190,000 | $1,186,360 |
| 2019 | $27,069 | $2,066,860 | $1,448,400 | $618,460 |
| 2018 | $26,361 | $2,026,360 | $1,420,000 | $606,360 |
| 2016 | $15,221 | $1,165,062 | $811,383 | $353,679 |
| 2015 | $14,636 | $1,147,563 | $799,196 | $348,367 |
| 2014 | $14,591 | $1,125,084 | $783,541 | $341,543 |
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2026 05/27/26 | For Sale | $2,730,000 | -- | $348 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26114748
APN: 7272-012-009
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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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