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Listed price in listed location currency (USD).
$1,850,000

005

MLS® PW26063703

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1943
MLS® Number PW26063703

Property Address: 2444 Pacific Ave, Long Beach, CA, 90806-2928

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 8-Unit Investment Opportunity in Long Beach – Value-Add with ADU Potential! Introducing 2444 Pacific Ave, a rare opportunity to acquire a well-located 8-unit apartment building in the heart of the Wrigley area of Long Beach. This income-producing property offers investors immediate cash flow with significant upside potential through strategic improvements and additional accessory dwelling unit development. The property features eight residential units complemented by five detached garages, presenting a prime opportunity for conversion into Accessory Dwelling Units (ADUs) (buyer to verify with city). This added value component provides a clear path to increasing rental income and maximizing long-term returns. Situated on a desirable stretch of Pacific Avenue, the property benefits from strong rental demand, proximity to major transportation corridors, local retail, dining, and employment hubs. Tenants enjoy convenient access to everything Long Beach has to offer, making this an attractive and stable investment location. Highlights Include: -8-unit multifamily property with strong in-place income -Upgraded electrical and plumbing -SB 721 inspection completed and passed -5 garages with excellent ADU conversion potential -Value-add opportunity through unit upgrades and increased rents -Prime location with high tenant demand -Ideal for investors seeking long-term growth and cash flow - Current Cap - 5.87 Market Cap - 6.87 - Current GRM - 12.18 Market GRM 10.32 Whether you're looking to expand your portfolio or capitalize on Long Beach’s thriving rental market, 2444 Pacific Ave delivers both stability and upside in one compelling investment. The property is professionally managed. Buyer to verify all information.
MLS® NumberPW26063703
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1943
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
2444 Pacific Ave, Long Beach, CA

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