939 Pacific, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
939 Pacific,Long Beach, CA 90813
$2,730,000
- - Beds
- - Baths
- 7,836 sq. ft.
- Multi-family
- Active
Listed by: christopher van vuuren, cris molles
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26114748
Source:CRMLS
Price summary
- Price:$2,730,000
- Price per sq. ft.:$348.39
About this home
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93.
The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels.
Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets....
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Home facts
- Year built:1959
- Listing ID #:SB26114748
- Added:12 day(s) ago
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Living area:7,836 sq. ft.
Structure and exterior
- Year built:1959
- Building area:7,836 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,730,000
- Price per sq. ft.:$348.39
Parking
- Total parking spaces:6
- Garage:Yes
- Garage spaces:6
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