2225 Pacific Ave, Long Beach, CA 90806
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2225 Pacific Ave Long Beach, CA 90806

$1,099,000
  • -- Beds
  • -- Baths
  • 4,920 Sq.Ft.
For Sale
$1,099,000 Get Pre-Qualified

Map preview of 2225 Pacific Ave, Long Beach, CA 90806

Property Overview: 2225 Pacific Ave Long Beach, CA has -- bedrooms, -- bathrooms, 4,920 living square feet and 6,602 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 your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.

Listed by Ray Kim | BRE #01803155 | Real Brokerage Technologies, Inc
Co-listed by Yumi Kim | BRE #01987116 | Real Brokerage Technologies, Inc
Last checked: 2 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
6,602
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Office
Status
Active
MLS#
AR24040590
City
Long Beach
County
Los Angeles
Time on Site
64 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: --

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Property Details for 2225 Pacific Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7205021023
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Intersection of Hill and Pacific Ave
View more facts & features

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Sale History for 2225 Pacific Ave

Last leased for $17,520 on June 21st, 2021
  • February, 2024

  • Feb 28, 2024

    Date

    Active

    CRMLS: AR24040590

    $1,099,000

    Price

  • February, 2024

  • Feb 24, 2024

    Date

    Canceled

    CRMLS: AR23212403

    $1,199,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: AR23212403

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 28, 2021

    Date

    Expired

    CRMLS: PW20020441

    $1,200,000

    Price

  • Jul 23, 2021

    Date

    Active

    CRMLS: PW20020441

    $1,200,000

    Price

  • Jun 22, 2021

    Date

    Hold

    CRMLS: PW20020441

    $1,200,000

    Price

  • Jun 22, 2021

    Date

    Active

    CRMLS: PW20020441

    $1,200,000

    Price

  • Jun 22, 2021

    Date

    Hold

    CRMLS: PW20020441

    $1,200,000

    Price

  • Jun 15, 2021

    Date

    Price Change

    CRMLS: PW20020441

    $1,200,000

    Price

  • May 26, 2020

    Date

    Price Change

    CRMLS: PW20020441

    $999,999

    Price

  • Jan 29, 2020

    Date

    Active

    CRMLS: PW20020441

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Do not let this one pass you by! This is a must see ! In the heart of Long Beach, this unique commercial property consists of 4 units in total. Two units (unit 1 and unit 4) are currently being rented out, so there is income coming in. The two middle units (approximately 2400 sqft) have recently been opened up to create a one big space. It can easily be divided into two separate units if desired. Please check with the City for allowed usage. This property is also available for lease...

  • June, 2021

  • Jun 22, 2021

    Date

    Leased

    CRMLS: PW20020638

    $17,520

    Price

  • Jan 29, 2020

    Date

    Active

    CRMLS: PW20020638

    --

    Price

  • Listing provided courtesy of CRMLS

    This is a must see ! In the heart of Wrigley area in Long Beach, this unique commercial property consists of 4 units in total. Two units (unit 1 and unit 4) are currently being rented out. The middle 2 units (2227 & 2229) are available for lease. Former tenant connected the two middle units (approximately 2400 sqft) to create a medical office. It can easily be divided into two separate units for your commercial needs and desire. Please check with the City for allowed usage. Property is also for sale...

  • October, 2020

  • Oct 17, 2020

    Date

    Expired

    CRMLS: PW18089905

    --

    Price

  • Feb 4, 2019

    Date

    Withdrawn

    CRMLS: PW18089905

    --

    Price

  • Apr 19, 2018

    Date

    Active

    CRMLS: PW18089905

    --

    Price

  • Listing provided courtesy of CRMLS

    Excellent commercial space in the heart of Long Beach. 2,160 Sq. Ft. of office or retail space, partially built out for medical offices with reception, 6 exam rooms, 3 bathrooms, staff room, kitchen and plenty of storage. Parking in the back of the building and new, front security gate. Fantastic opportunity for a tenant that wants to utilize the existing partial office configuration or create a brand new retail space. Space for lease is part of a larger 4 space building.

  • September, 2017

  • Sep 22, 2017

    Date

    Canceled

    CRMLS: SB16077323

    $2,500

    Price

  • Aug 22, 2017

    Date

    Price Change

    CRMLS: SB16077323

    $2,500

    Price

  • Oct 28, 2016

    Date

    Price Change

    CRMLS: SB16077323

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect space for medical offices. Two spaces in one. Several rooms, several large spaces for offices, break-room and restrooms. Idea for medical office however can be used for other use. Parking in back of building for clients. Some buildout is needed.

  • September, 2005

  • Sep 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 2225 Pacific Ave

Assessed Value (2020): $624,771
Year Land Value Improved Value Assessed Value
2020 $249,906 $374,865 $624,771

Home Value Compared to the Market

This property vs the competition

2225 Pacific Ave is listed 37.39% 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 $644 and this home is listed at $223.37 per/sqft which puts the price per square foot 65.31% lower than the median price per square foot for the city of Long Beach.

About 2225 Pacific Ave

Detailed summary of property

2225 Pacific Ave is a office located in Long Beach, CA 90806 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 4,920 living square feet, and sits on an approximately 6,602 square foot lot. 2225 Pacific Ave was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $1,099,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 37.39% higher than the median priced home. While the average home in Long Beach, CA is selling in 54 days, 2225 Pacific Ave has a days on market of 64 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 2225 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 2225 Pacific Ave

Public county record property details
Beds
--
Baths
--
Year built
1952
Sq. Ft.
4,920
Lot Size
6,600
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
N,O
APN
7205-021-023

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.