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1113 Pacific AveLong Beach, CA 90813

For Sale

$2,798,000

Smart Buyer Rebate $27,980

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Status changed to Withdrawn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.

Full MLS Disclaimers

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.