1700 Pacific Avenue, Long Beach, CA 90813
Local realty services provided by:ERA Donahoe Realty
1700 Pacific Avenue,Long Beach, CA 90813
$1,990,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:shane young
Office:younglewin advisors, inc.
MLS#:PW25182296
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,990,000
About this home
Price Reduced! Present All Offers! We are pleased to present a 10 unit investment opportunity located at 1700 Pacific Ave in Long Beach. All major systems have been redone, including new electric (main and sub panels), ABS plumbing systems, new vinyl windows, and the roof is in great condition as well. At a current 6.01% Cap Rate, and 10.41 GRM with upside to a 7.71% Cap Rate and 8.82 GRM, this is priced attractively & below the area average. In addition to all of the major improvements to the property, the tenants benefit from a rear roof deck, onsite laundry room (hookups with no machines), as well as onsite parking. There is ample retail and dining options nearby, and being located just off Pacific Coast Hwy, the central location allows for easy commute to downtown, the beach, and easy access to 710/405 Freeways. The property is also steps away from numerous new construction apartment buildings, retail centers, the $176 million reconstruction of Washington Middle Schools five-acre campus & the $450 million Poly High School campus renovation. In addition to the 29% upside in Net Operating Income, there is even more opportunity with the potential to convert the existing garage and rear parking area + roof deck into ADUs. One can reasonably get an additional 4+ units onsite for additional income and equity growth.
Contact an agent
Home facts
- Listing ID #:PW25182296
- Added:46 day(s) ago
- Updated:October 02, 2025 at 02:09 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$1,990,000
New listings near 1700 Pacific Avenue
- New$10,750,000Active5 beds 5 baths6,182 sq. ft.
15 The Colonnade, Long Beach, CA 90803
MLS# PW25228431Listed by: CALIFORNIA REAL ESTATE COMPANY - Open Sat, 1 to 4pmNew$890,000Active-- beds -- baths1,382 sq. ft.
6161 Orange Avenue, Long Beach, CA 90805
MLS# TR25230538Listed by: PRESIDENTIAL INC - New$999,900Active4 beds 3 baths1,487 sq. ft.
2740 San Francisco, Long Beach, CA 90806
MLS# OC25229919Listed by: MC FUNDING, INC - New$335,000Active1 beds 1 baths597 sq. ft.
5585 E Pacific Coast #140, Long Beach, CA 90804
MLS# PW25230063Listed by: RE/MAX COLLEGE PARK REALTY - New$1,500,000Active5 beds 2 baths
844 Loma Avenue, Long Beach, CA 90804
MLS# PW25230166Listed by: EXP REALTY OF CALIFORNIA INC - New$599,000Active1 beds 1 baths936 sq. ft.
834 E 4th Street #H, Long Beach, CA 90802
MLS# PW25228477Listed by: REAL BROKER - Open Thu, 10am to 1pmNew$599,000Active1 beds 1 baths936 sq. ft.
834 4th Street #H, Long Beach, CA 90802
MLS# PW25228477Listed by: REAL BROKER - New$1,435,000Active4 beds 6 baths2,388 sq. ft.
4112 Del Mar Avenue, Long Beach, CA 90807
MLS# 25600259Listed by: MODERN CALIFORNIA HOUSE - New$1,160,000Active4 beds 2 baths1,516 sq. ft.
5540 E Keynote Street, Long Beach, CA 90808
MLS# PV25227229Listed by: EXP REALTY OF CALIFORNIA INC. - New$335,000Active1 beds 1 baths597 sq. ft.
5585 E Pacific Coast #140, Long Beach, CA 90804
MLS# PW25230063Listed by: RE/MAX COLLEGE PARK REALTY