Save
Ask
Tour
Hide
Share
$3,390,000
14 Days On Site

1106 Pacific Avenue
Long Beach, CA 90813

For Sale|Apartment|Active
0
Beds
0
Total Baths
8,203
SqFt
$413
/SqFt
1963
Built
Subdivision:
Willmore District (WM)
County:
Los Angeles
Listed by Andrew McAllister of eXp Realty of Greater L.A [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (562) 754-5037
Is this the listing for you? We can help make it yours.
(562) 754-5037
1106 Pacific Avenue1106 Pacific Avenue1106 Pacific Avenue1106 Pacific Avenue
Save
Ask
Tour
Hide
Share

Welcome to The Louis – A renovated multifamily asset located in the heart of Long Beach, CA. This well-maintained 12-unit property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019. Interiors feature modern finishes, and the units remain in excellent condition. That same year, the exterior received a full facelift, including new paint and a refreshed façade, enhancing the building’s curb appeal. The property benefits from a stable tenant base, with approximately 9% rental upside remaining, offering investors immediate cash flow and future growth potential. Additionally, there are (6) on-site garages that present a compelling value-add opportunity: potential conversion into (3) ADUs (Accessory Dwelling Units), subject to Buyer verification. The Louis offers a rare blend of of an updated building, long-term tenancy, and upside in one of Long Beach’s most active rental markets.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,390,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,203 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1723 Acres
Year Built 
1963
MLS® Number 
RS25135898
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1723
Garage 
Yes
Garage Spaces 
6
Number Of Stories 
2
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8203
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LBR4N
Interior Features
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Paved
Pool Features 
None
Roof 
Shingle
Community Features
Building Access 
1
Community Features 
Street LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share