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Listed by: Cameron Samimi (310) 259-7556 DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,300,000
Monthly Est:$11,448
4 Beds
3 Baths
8,591sqft
1950 Pacific, Long Beach, CA 90806
$2,300,000
$11,448/moEst:
Get Pre-Approved
Apartment
Built in 1962
$-- HOA
6,735 sqft lot
$268/sq.ft
Description
1950 Pacific Ave presents a rare VALUE ADD Opportunity to acquire an 11-unit multifamily asset in Long Beach with strong in-place cash flow and two newly constructed ADUs already completed. The property features a desirable unit mix consisting of 1-bedroom and 2-bedroom units, including the two new ADUs, giving investors a clean combination of existing income, newer added rental units, and continued upside in rents.
Built in 1962, the property totals approximately 6,733 square feet of building area on an approximately 8,591 square foot lot. Current scheduled rents total approximately $19,559 per month, or $234,712 annually, with market rents projected at approximate...
- Houzeo last checked: 4 minutes ago
- Listing updated: July 6, 2026 at 7:38 am
- Source: California Regional MLS-CA | MLS#: SB26144665
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
8,591 sqft
Lot Size
6,735 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26144665
MLS Status
Active
Days on Market
76
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
None
Other Features
Tenant Pays
Electricity, Gas
Subdivision Name
Wrigley Area (wr)
Lot Features
Zero To One Unit Acre
Community Features
Sidewalks, Urban
Price History
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: | Listed for Sale | $2,300,000 $268/sqft |
07/02/2026 Source: | Coming Soon | $2,300,000 $268/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 09:45PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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