944 Pacific Long Beach, CA $ 1,850,000
944 Pacific
$ 1,850,000
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944 Pacific

Long Beach, CA, 90813
$ 1,850,000
Baths1.0 Sq 4,583

Monthly Estimate*

$ 11,681

Listed by Steven M. Bogoyevac, Broker
944 Pacific, Long Beach, CA 90813 - Image 1
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,850,000 with 1 full bath. This 4,583 square foot home was built in 2020 on a lot size of 0.1553.

This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control. 944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion. The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1553

Year Built

2020

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26196305

Days on Market

9

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 2020
Property Subtype Mixed Use
Gross Income 151140
Community Features Urban
County Los Angeles
Net Operating Income 100466
Operating Expense 46140
Insurance Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Downtown (DT)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Near 10th and Pacific
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 6
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 6766
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Owner
Tax Lot 1
Property Sub Type Additional Mixed Use
Cap Rate 5.43
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 10
Lot Size Area 6766
Number of Buildings 1
Building Area Total 4583
Lot Size Acres 0.1553
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

Email

Affordability Calculator

$11,681
Per Month
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Monthly Principal & Interest
$11,681
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Default based on a 30-year fixed rate of 6.49% 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
9/8/2026$1,850,000 Listed Price

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944 Pacific, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,850,000 with 4,583 sqft and a lot size of 0.1553. 944 Pacific is a studio with 1.0 baths and was built in 2020. The property's zip code is 90813 which is in Long Beach, CA