CASH FLOW! Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.
Listed by Pat Swanson
·
License #01382974
·
Pat Swanson
·
213-864-2862
Last updated October 17, 2025
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Source: CRMLS #OC25141984
Listing Facts
TypeMulti-family
NeighborhoodWillmore City
Days on Prevu117
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/16/2025
Status changed to Active
$2,798,000
10/16/2025
Price Decreased
$2,798,000
10/14/2025
Status changed to Withdrawn
$2,995,000
10/14/2025
Status changed to Active
$2,995,000
10/13/2025
Status changed to Temporarily Off Market
$2,995,000
10/04/2025
Status changed to Active
$2,995,000
10/03/2025
Status changed to Removed from Feed
$2,995,000
09/26/2025
Price Decreased
$2,995,000
09/20/2025
Status changed to Active
$3,150,000
09/19/2025
Status changed to Removed from Feed
$3,150,000
09/18/2025
Status changed to Active
$3,150,000
09/17/2025
Status changed to Removed from Feed
$3,150,000
09/16/2025
Status changed to Active
$3,150,000
09/14/2025
Status changed to Removed from Feed
$3,150,000
09/12/2025
Status changed to Active
$3,150,000
09/05/2025
Status changed to Removed from Feed
$3,150,000
09/05/2025
Status changed to Active
$3,150,000
09/04/2025
Status changed to Removed from Feed
$3,150,000
09/01/2025
Status changed to Active
$3,150,000
08/30/2025
Status changed to Removed from Feed
$3,150,000
08/12/2025
Price Increased
$3,150,000
06/27/2025
Listed by Pat Swanson
$1,999,000
Property Details for 1113 Pacific Ave
Association
Amenities
Community Features: Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban
Exterior
Construction
Number Of Units Total: 7
Stories: 2
Stories Total: 2
Year Built: 1907
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Measurements
Building Area Total: 6,338
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.34
Lot Size Area: 14,891
Lot Size Source: Assessor
Lot Size Square Feet: 14,891
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.45
Gross Income: $243,974.00
Operating Expense: $65,591.00
Taxes
Parcel Number: 7272005011
Interior
Features
Fireplace Features: Bath, Electric, Family Room, Gas, Kitchen, Living Room, Outside
Fireplace: Yes
Other
Features
Accessibility Features: Parking
Location
Subdivision Name: Downtown (DT)
Parking
Parking
Garage Spaces: 8
Garage: Yes
Open Parking Spaces: 14
Parking Total: 22
Utilities
Equipment
Laundry Features: Common Area, Stacked
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.