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2000 Pacific Ave, Long Beach, CA 90806
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2000 Pacific Ave Long Beach, CA 90806

$949,000
  • 7 Beds
  • 3 Baths
  • 1,377 Sq.Ft.
For Sale
$949,000 Get Pre-Qualified
Map preview of 2000 Pacific Ave, Long Beach, CA 90806

Property Overview: 2000 Pacific Ave Long Beach, CA has 7 bedrooms, 3 bathrooms, 1,377 living square feet and 7,458 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the opportunity!

Listed by MAURICIO SANCHEZ | BRE #01716728 | RE/MAX MASTERS
Last checked: 8 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
7,458
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
IV24073484
City
Long Beach
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Total Rent: --
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,000
  • Net Operating Income: $72,920
  • Gross Operating Income: --
  • # of Rented Garages: 10
  • Garage Rental Rate: $60
  • Garage Rental Income: $600
  • Other Income 1: $1,700
Annual Expense Breakdown
  • Total Operating Expense: $5,080
  • Electric: $2,400
  • Gas/Fuel: $0
  • Trash: $480
  • Insurance: $700
  • Water/Sewer: $1,500

Open Houses for 2000 Pacific Ave

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Property Details for 2000 Pacific Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7209019015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From 710 East Pacific Coast Hwy , North Pacific Ave 0.3 miles property on east side of pacific
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 2000 Pacific Ave

Last sold for $220,000 on June 16th, 2010

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: IV24073484

    $949,000

    Price

  • April, 2024

  • Apr 12, 2024

    Date

    Expired

    CRMLS: RS23061653

    $995,000

    Price

  • Apr 13, 2023

    Date

    Active

    CRMLS: RS23061653

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    VACANT units. You set the rents. Additional full bathroom located at garage giving this property a total of 3 bathrooms. This remarkable property offers a spacious 2 car garage, and a large back patio. The huge parking lot is a rare find in the area, and it presents a fantastic opportunity to explore additional ways to generate income from the property, such as renting out parking spaces or utilizing the space for other business ventures. A creative investor may see the potential in this property and envision additional opportunities to further maximize its potential through the possibility of building onto the property to generate additional income. Submit your offer! All offers will be entertained.

  • April, 2023

  • Apr 4, 2023

    Date

    Canceled

    CRMLS: DW22249528

    $1,190,000

    Price

  • Dec 1, 2022

    Date

    Active

    CRMLS: DW22249528

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a mixed use property. Subject property consist of a residential duplex and Large Parking lot on a commercial street, with so much potential to build. Title is listed as a duplex but may be used as commercial with required permits. The garage is converted into 3 small units spaces no kitchen and share a full bathroom. The duplex are on 20th Street, features tile throughout both units, each unit is 2 bed 1 bath nice size kitchen. Exterior has recently been painted, property is fenced completely and has nice covered patio with room for entertaining. This Charming duplex y is walking distance to a variety of restaurants, shopping centers, schools, parks, and is a near the I-405 and the I-710 freeway. Must see to appreciate this great property.

  • November, 2022

  • Nov 21, 2022

    Date

    Expired

    CRMLS: SR22105868

    $1,200,000

    Price

  • May 22, 2022

    Date

    Active

    CRMLS: SR22105868

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    COMMERCIAL and RESIDENTIAL Property!!!!! A one of a kind opportunity knocking right at your door. Located in the Wrigley community of Long Beach that offers the residents an Urban and Suburban living. The commercial corner is facing the area on the Pacific Ave that offers countless opportunities to develop a Business. It’s completely fenced with rod Iron. The garage is converted into 3 small units spaces and a 1/2 bathroom. The corner facing the 20th Street offers a Spanish stucco duplex that has recently been painted, is completely fenced, and has a covered patio in the back yard. This property is walking distance to a variety of restaurants, shopping centers, health offices, schools, parks, and is a short driving distance to the beach, I-405 and the I-710 freeway. Bring your business and development ideas and make it your own.

  • June, 2010

  • Jun 16, 2010

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

  • September, 2000

  • Sep 26, 2000

    Date

    Sold (Public Records)

    Public Records

    $123,000

    Price

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Tax History for 2000 Pacific Ave

Assessed Value (2020): $259,655
Year Land Value Improved Value Assessed Value
2020 $177,039 $82,616 $259,655

Home Value Compared to the Market

This property vs the competition

2000 Pacific Ave is listed 18.64% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $689.18 per/sqft which puts the price per square foot 8.19% higher than the median price per square foot for the city of Long Beach.

About 2000 Pacific Ave

Detailed summary of property

2000 Pacific Ave is a duplex located in Long Beach, CA 90806 and is currently for sale. This duplex offers 7 bedrooms, 3 bathrooms, roughly 1,377 living square feet, and sits on an approximately 7,458 square foot lot. 2000 Pacific Ave was first listed on ArdentRealEstateGroup.com on April 13, 2024. The homeowner is currently asking $949,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 18.64% higher than the median priced home. Local competing homes currently for sale include 1890 E 20th St, 530 Almond Ave and 2022 E 15th St. While the average home in Long Beach, CA is selling in 54 days, 2000 Pacific Ave has a days on market of 7 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 2000 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 2000 Pacific Ave

Public county record property details
Beds
2
Baths
2
Year built
1928
Sq. Ft.
1,377
Lot Size
7,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7209-019-015

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
$829,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$549,000
Median Sold Price/Sq.Ft.
$664
Total Inventory
14
Median Sale to List Price %
91.5%
Avg Days on Market
21
Loan Type
Conventional (62.5%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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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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