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1151 Pacific Avenue Long Beach, CA $ 1,434,000
1151 Pacific Avenue
$ 1,434,000
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1151 Pacific Avenue

Long Beach, CA, 90813
$ 1,434,000
Baths2.0 Sq 4,530

Monthly Estimate*

$ 8,946

Listed by Steven M. Bogoyevac, Broker
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,434,000 with 2 full baths. This 4,530 square foot home was built in 1978 on a lot size of 0.172.

1151 Pacific Avenue is a fourplex in Long Beach, California. The property is a 1978 construction with spacious floor plans and a highly desirable mix of three two-bed/two-bath units and one three-bed/two-bath unit. The property also offers on-site laundry, a two-car garage in the front, and four single-car garages in the rear with tandem driveway parking. 1151 Pacific Avenue is located in the Willmore neighborhood, offering tenants easy access to retail (WalkScore: 89), the Metro Blue Line, Downtown Long Beach, and the 710 Freeway. Current rents offer a new investor 10 percent rental upside. 1151 Pacific Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1209 Olive Avenue, a six-unit building. Properties available separately or together.

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Multi-Family Active

Price

$ 1,434,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.172

Year Built

1978

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW25075583

Days on Market

266

Features
General
Sewer Public Sewer
Zoning LBCO
Garage Spaces 6
Pool Features None
Year Built 1978
Property Subtype Quadruplex
Gross Income 0
Community Features Suburban
County Los Angeles
Net Operating Income 93096
Operating Expense 28547
Insurance Expense 0
New Construction 0
Property Type Residential Income
Subdivision Name n/a
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions north of 10th south of anaheim
City Long Beach
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 7492
Listing Terms Cash Cash to New Loan
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Quadruplex
Cap Rate 6.49
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 8
Lot Size Area 7492
Number of Buildings 1
Building Area Total 4530
Lot Size Acres 0.172
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

Email

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Monthly Principal & Interest
$8,946
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,434,000 Listed Price

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1151 Pacific Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,434,000 with 4,530 sqft and a lot size of 0.172. 1151 Pacific Avenue is a studio with 2.0 baths and was built in 1978. The property's zip code is 90813 which is in Long Beach, CA