Sold For $2,195,000 on December 13, 2023
1861 Pacific Avenue
Long Beach, California 90806
  • Neighborhood:Wrigley
    • 6072 SqFt
    • Built 1946
  • Status:Sold
  • MLS:CL23310541
  • Last Updated:over 1 year ago

Overview

Huge 200k Price Reduction! 8-unit building with 6 fully renovated residential units (100% occupied) and 2 store-front retail units (with RTI plans to convert to 2 residential units) in Long Beach. Incredible Current Cap Rate of 6% and 11.9 GRM from d

Listing courtesy of Julio Ruiz, Global Platinum Properties, Inc. Bought with Cary Tong, VISMAR REAL ESTATE
    1861 Pacific Avenue

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.6072
    • $/Sq. Ft.$361
    • Built In1946
    • Days on neighborhoods.com607

    Interior Features

    Features
    • Sq. Ft.6072

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.9180
    • Lot Size Area0.21
    • Living Area6072
    • Living Area UnitsSquare Feet
    • Acres0.21
    • Home
    • Wrigley
    • 1861 Pacific Avenue, Long Beach, 90806, California
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