944 Pacific Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated payment $13,135/month
Highlights
- Rectangular Lot
- Long Beach Polytechnic High School Rated A
- 1-minute walk to K-9 Corner Dog Park
About This Home
This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control.
944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion.
The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.
Listing Agent
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 09/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2020
Lot Details
- 6,766 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,583 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Full Bathrooms
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 1 / 9
- Assessor Parcel Number 7273014003
- $1,368 per year additional tax assessments
Community Details
Overview
- 6 Units
- Downtown Subdivision
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Operating Expense $46,140
- Gross Income $151,140
- Net Operating Income $100,466
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 |
|---|---|---|---|---|
| 2026 | $32,276 | $2,484,179 | $662,447 | $1,821,732 |
| 2025 | $32,276 | $2,435,470 | $649,458 | $1,786,012 |
| 2024 | $30,893 | $2,387,717 | $636,724 | $1,750,993 |
| 2023 | $30,375 | $2,340,900 | $624,240 | $1,716,660 |
| 2022 | $28,500 | $2,295,000 | $612,000 | $1,683,000 |
| 2021 | $27,946 | $2,250,000 | $600,000 | $1,650,000 |
| 2019 | $14,892 | $1,137,300 | $581,400 | $555,900 |
| 2018 | $14,421 | $1,115,000 | $570,000 | $545,000 |
| 2017 | $10,243 | $765,000 | $489,600 | $275,400 |
| 2016 | $6,890 | $522,951 | $212,130 | $310,821 |
| 2015 | $6,628 | $515,097 | $208,944 | $306,153 |
| 2014 | $6,589 | $505,008 | $204,852 | $300,156 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $1,850,000 | -17.8% | $404 / Sq Ft | |
| 10/30/2020 10/30/20 | Sold | $2,250,000 | 0.0% | $491 / Sq Ft | View Prior Sale |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- | |
| 09/18/2020 09/18/20 | Price Changed | $2,250,000 | 0.0% | $491 / Sq Ft | |
| 09/18/2020 09/18/20 | For Sale | $2,250,000 | 0.0% | $491 / Sq Ft | |
| 05/27/2020 05/27/20 | Off Market | $2,250,000 | -- | -- | |
| 05/01/2020 05/01/20 | For Sale | $2,450,000 | +8.9% | $535 / Sq Ft | |
| 04/14/2020 04/14/20 | Off Market | $2,250,000 | -- | -- | |
| 03/20/2020 03/20/20 | For Sale | $2,450,000 | +119.7% | $535 / Sq Ft | |
| 12/07/2017 12/07/17 | Sold | $1,115,000 | -6.3% | $243 / Sq Ft | View Prior Sale |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- | |
| 09/03/2017 09/03/17 | For Sale | $1,190,000 | -- | $260 / Sq Ft |
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 |
|---|---|---|---|
| Grant Deed | $2,250,000 | Old Republic Title Company | |
| Grant Deed | $1,115,000 | Old Republic Title Company | |
| Grant Deed | $750,000 | Lawyers Title Company |
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 | $450,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26196305
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Ask me questions while you tour the home.