2444 Pacific, Long Beach, CA 90806
Local realty services provided by:ERA Excel Realty
2444 Pacific,Long Beach, CA 90806
$1,850,000
- - Beds
- - Baths
- 6,228 sq. ft.
- Multi-family
- Active
Listed by: perry karn
Office: southland property group562-270-1777
MLS#:PW26063703
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$297.05
About this home
Exceptional 8-Unit Investment Opportunity in Long Beach – Value-Add with ADU Potential!
Introducing 2444 Pacific Ave, a rare opportunity to acquire a well-located 8-unit apartment building in the heart of the Wrigley area of Long Beach. This income-producing property offers investors immediate cash flow with significant upside potential through strategic improvements and additional accessory dwelling unit development. The property features eight residential units complemented by five detached garages, presenting a prime opportunity for conversion into Accessory Dwelling Units (ADUs) (buyer to verify with city). This added value component provides a clear path to increasing rental income and maximizing long-term returns. Situated on a desirable stretch of Pacific Avenue, the property benefits from strong rental demand, proximity to major transportation corridors, local retail, dining, and employment hubs. Tenants enjoy convenient access to everything Long Beach has to offer, making this an attractive and stable investment location.
Highlights Include:
-8-unit multifamily property with strong in-place income
-Upgraded electrical and plumbing
-SB 721 inspection completed and passed
-5 garages with excellent ADU conversion potential
-Value-add opportunity through unit upgrades and increased rents
-Prime location with high tenant demand
-Ideal for investors seeking long-term growth and cash flow
- Current Cap - 5.87 Market Cap - 6.87
- Current GRM - 12.18 Market GRM 10.32
Whether you're looking to expand your portfolio or capitalize on Long Beach’s thriving rental market, 2444 Pacific Ave delivers both stability and upside in one compelling investment. The property is professionally managed. Buyer to verify all information....
Contact an agent
Home facts
- Year built:1943
- Listing ID #:PW26063703
- Added:16 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Living area:6,228 sq. ft.
Structure and exterior
- Year built:1943
- Building area:6,228 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$297.05
Parking
- Total parking spaces:5
- Garage:Yes
- Garage spaces:5
New listings near 2444 Pacific
- New
$410,000Active2 beds 2 baths690 sq. ft.1168 E 10th #218B, Long Beach, CA 90813
MLS# PW26094209Listed by: PACIFIC ESTATES - New
$1,250,000Active4 beds 2 baths1,749 sq. ft.3950 E De Ora, Long Beach, CA 90815
MLS# PW26095702Listed by: RE/MAX COLLEGE PARK REALTY - New
$585,000Active2 beds 2 baths1,281 sq. ft.4505 California #402, Long Beach, CA 90807
MLS# PW26095538Listed by: CIRCLE REAL ESTATE - Coming SoonOpen Fri, 4 to 6pm
$975,000Coming Soon3 beds 2 baths4312 Walnut, Long Beach, CA 90807
MLS# PW26095501Listed by: NORDINE REALTY, INC - New
$475,000Active1 beds 1 baths820 sq. ft.10 Atlantic Avenue #801, Long Beach, CA 90802
MLS# 26828719Listed by: EPIQUE REALTY - Open Sun, 12 to 6pmNew
$1,249,900Active3 beds 2 baths1,564 sq. ft.5305 E Carita Street, Long Beach, CA 90808
MLS# RS26095308Listed by: DREAM LIFE REAL ESTATE - Coming Soon
$1,225,000Coming Soon4 beds 2 baths829 Lees, Long Beach, CA 90815
MLS# PW26094229Listed by: SHARON AMARANTOS, BROKER - New
$480,000Active2 beds 1 baths820 sq. ft.100 Atlantic Avenue #1108, Long Beach, CA 90802
MLS# RS26093225Listed by: CENTURY 21 ON TARGET - Coming Soon
$1,199,000Coming Soon3 beds 2 baths6953 E Stearns St, Long Beach, CA 90815
MLS# IV26094837Listed by: EINSTEIN REALTY - New
$760,000Active2 beds 2 baths1,284 sq. ft.6021 Olive Avenue, Long Beach, CA 90805
MLS# PW26084823Listed by: RE/MAX R. E. SPECIALISTS