Beautiful Homes Real Estate
Daniel Andrade
323-215-9836323-215-9836

944 Pacific Avenue, Long Beach, CA 90813 (MLS # PW19083473)

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PRICE $1,950,000
SIZE 4,583 sq ft
LOT SIZE 6,766 sqft

Calling all investors, builders, and flippers!!! Expand your real estate portfolio and enjoy growth in Long Beach! 944 Pacific Avenue represents a rare opportunity to assume a fully entitled redevelopment project will all permits issued for the construction of a 6-unit multifamily project in an extremely hot sub-market of Los Angeles, California. The property was previously configured as an office complex and is now fully entitled for conversion to multifamily including fully approved Construction Drawing set, all permits issued with rough plumbing and framing inspections complete, and all city impact fees (including fire, police, park and schools) paid by the seller. This asset features an attractive unit-mix of one (1) 2 bed / 2 bath unit, one (1) 2 bed / 1 bath unit and four (4) 1 bed / 1 bath units, all with very open ceilings and larger than normal floor plans, as well as separate electric and gas meters and gated parking. New ownership can complete construction with the finishes they desire, as well as to have full decision power in the tenants placed into each unit. Close to the bustling nightlife, amenities, shopping, and transportation, take charge of this building and make it your own!

DAYS ON MARKET 70 LAST UPDATED 6/16/2019
YEAR BUILT 1959 COMMUNITY Downtown Area, Alamitos Beach
COUNTY Los Angeles TOTAL PARKING 10
STATUS Active PROPERTY TYPE(S) CommercialSale

PRICE HISTORY
Prior to May 3, '19 $1,750,000
May 3, '19 - Jun 12, '19 $1,999,000
Jun 12, '19 - Today $1,950,000


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
BUILDINGSTATUS Under Construction
COLISTAGENTFIRSTNAME Jeff
COLISTAGENTLASTNAME Anderson
COLISTAGENTSTATELICENSE 01729514
COLISTOFFICENAME Keller Williams Pacific Estate
COMMONWALLS No Common Walls
COMMUNITYFEATURES Curbs, Sidewalks, Urban
CONDOAREAUNITS Square Feet
ELEVATIONUNITS Feet
GARAGESPACES 0.00
LANDLEASEYN 0
LANDUSE Multi-Family
LAUNDRYFEATURES Inside
LEVELS Two
LISTAGENTSTATELICENSE 01903073
LOTFEATURES 0-1 Unit/Acre
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 4 - Downtown Area, Alamitos Beach
PARCELNUMBER 7273014003
POOLFEATURES None
PREVIOUSSTANDARDSTATUS Hold
PRICEPERSQUAREFOOT 425.49
PROPERTYSUBTYPE Multi Family
PROPERTYTYPE Commercial Sale
SENIORCOMMUNITYYN 0
SEWER Public Sewer
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
WATERSOURCE Public




 
CONTACT US ABOUT 944 PACIFIC AVENUE
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Listing provided by : Matthew Firth License # 01903073, Matthew Firth, Broker Co-Listed with Jeff Anderson License # 01729514, Keller Williams Pacific Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/24/19 8:08 AM PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information