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1927 Pacific Ave, Long Beach, CA 90806
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1927 Pacific Ave Long Beach, CA 90806

$1,325,000 Sold Price as of 04/29/2019
  • -- Beds
  • -- Baths
  • 5,260 Sq.Ft.
Sold
$1,325,000 Sold Price as of 04/29/2019 Refinance Your Mortgage
Map preview of 1927 Pacific Ave, Long Beach, CA 90806

Property Overview: 1927 Pacific Ave Long Beach, CA has -- bedrooms, -- bathrooms, 5,260 living square feet and 16,170 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This sale offers the opportunity to purchase a commercial property that is suitable for office, retail or development in the heart of Wrigley Village. The subject property is located on the west side of Pacific Avenue between 19th and 20th Street. This area, known as Wrigley Village, experiences high foot traffic and has an auto count of over 16,000 vehicles per day. Much of the street is comprised of offices and retail locations and offers a pedestrian-friendly atmosphere. Zoning on the site is CNP, which is a commercial district that is oriented towards serving pedestrians with buildings located at the front setback. Many commercial uses are permitted. Considering the size of the lot, the subject property lends itself to the possibility of development. Favorable zoning allows for minimal setbacks and two story construction. Add on to the existing building or develop from ground up. This sale offers the opportunity to purchase a value-add commercial property in a desirable infill location. The property is suitable for Personal Services, Professional Services, Daycare, Pre-School, Restaurant, Retail, Office, and more. The property has attributes that will be attractive to investors, owner/users and long-term value seekers.

Listed by Derek Caldwell | BRE #01929621 | Marcus & Millichap
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
16,170
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Office
Status
Sold
MLS#
PW18288832
City
Long Beach
County
Los Angeles
Time on Site
1395 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1927 Pacific Ave

Interior Features
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 7209023020
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Pacific Coast Hwy on Pacific Ave
View more facts & features

Local Long Beach Agent

Sale History for 1927 Pacific Ave

Last sold for $1,325,000 on April 29th, 2019

  • May, 2019

  • May 1, 2019

    Date

    Sold

    CRMLS: PW18288832

    $1,325,000

    Price

  • Jan 23, 2019

    Date

    Active Under Contract

    CRMLS: PW18288832

    $1,345,000

    Price

  • Dec 10, 2018

    Date

    Active

    CRMLS: PW18288832

    $1,345,000

    Price

  • March, 2019

  • Mar 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

  • March, 2009

  • Mar 24, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1927 Pacific Ave

Assessed Value (2020): $816,000
Year Land Value Improved Value Assessed Value
2020 $453,900 $362,100 $816,000

Home Value Compared to the Market

This property vs the competition

1927 Pacific Ave sold on April 29, 2019 for 68.12% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $255.7 per/sqft which puts the price per square foot 59.54% lower than the current median sale per square foot for the city of Long Beach.

About 1927 Pacific Ave

Detailed summary of property

1927 Pacific Ave is a office that recently sold in Long Beach, CA 90806. This office offered -- bedrooms, -- bathrooms, roughly 5,260 living square feet, and sits on an approximately 16,170 square foot lot. 1927 Pacific Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,325,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 68.12% higher than the current median priced home. While the average home in Long Beach, CA is selling in 51 days, 1927 Pacific Ave has a days on market of 103 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1927 Pacific Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1927 Pacific Ave

Public county record property details
Beds
--
Baths
--
Year built
1945
Sq. Ft.
5,260
Lot Size
8,149
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7209-023-020

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$614
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
13
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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