$1,999,000 - 944 Pacific Avenue, Long Beach

  • 0Beds
  • Baths
  • 4,583SQ. Feet
  • 0.16Acres

944 Pacific represents a rare opportunity to assume a fully-entitled redevelopment project will all permits issued for the construction of a 6-unit multifamily project in an extremely hot sub-market of Los Angeles, California. The property was previously configured as an office complex and is now fully-entitled for conversion to multifamily including fully approved CD set, all permits issued with rough plumbing and framing inspections complete, and all city impact fees (including fire, police, park and schools) paid by the seller. With an attractive unit-mix of one (1) 2 bed / 2 bath unit, one (1) 2 bed / 1 bath unit and four (4) 1 bed / 1 bath units. This allows for new ownership to come in and complete construction with the finishes they desire, as well as have full decision power in the tenants put into each unit.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19083412
  • Price:$1,999,000
  • Bathrooms:0.00
  • Square Footage:4,583
  • Acres:0.16
  • Year Built:1959
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:944 Pacific Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Downtown (DT)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:10

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Level with Street, Walkstreet, Lot Shape-Rectangular

Additional Information

  • Date Listed:April 15th, 2019
  • Days on Market:33
  • Zoning:LBCCN

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Provided By: Matthew Firth(01903073), Matthew Firth, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2019 at 3:42am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.