2338 Pacific Ave, Long Beach, CA 90806
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2338 Pacific Ave Long Beach, CA 90806

$1,500,000
  • 3 Beds
  • 5 Baths
  • 7,680 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified

Map preview of 2338 Pacific Ave, Long Beach, CA 90806

Property Overview: 2338 Pacific Ave Long Beach, CA has 3 bedrooms, 5 bathrooms, 7,680 living square feet and 7,789 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: A investment opportunity that is located in the Wrigley area of Long Beach. This property, will include 2 commercial units (2336 and 2338 Pacific Ave) along with one three bedroom and one bath residential unit (128 Eagle Street). The residential unit is located on the side street on Pacific on Eagle facing the street. This listing price will also include all the kitchen equipment that is located within the Wrigley BBQ. As Wrigley BBQ is currently a running business, all of the kitchen items within the business will be sold a long with the listing.

Listed by Marcus Young | BRE #02079804 | Realty Connection Group
Last checked: 9 minutes ago | Last updated: June 7th, 2024 | Source CRMLS | DOM: 8
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Home details

Lot Sq. Ft
7,789
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24115131
City
Long Beach
County
Los Angeles
Time on Site
8 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 2
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $1,500
  • Total Rent: --
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 2338 Pacific Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • In Garage
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 7205017030
  • Entry Level: 4
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available
Location / Neighborhood
Location Information
  • Directions: The two mixed use commercial unit is located on the main street of Pacific Ave in the Wrigley area right on the main street. While the single family residence is located on Eagle on the left hand side of the property.
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Sale History for 2338 Pacific Ave

Last sold on October 22nd, 2004
  • June, 2024

  • Jun 6, 2024

    Date

    Withdrawn

    CRMLS: PW24096965

    $2,200

    Price

  • May 14, 2024

    Date

    Active

    CRMLS: PW24096965

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    This commercial lease is great for any new store owner or retail business to get their foot in the door! This commercial lease is located within the heart of the Wrigley community and has a prime location where hundreds of consumers walk and drive down Pacific. With this lease you have the ability to open and own your first business while still in the heart of Long Beach! If you have any questions please do not hesitate to call!

  • June, 2024

  • Jun 6, 2024

    Date

    Active

    CRMLS: PW24115131

    $1,500,000

    Price

  • March, 2024

  • Mar 26, 2024

    Date

    Expired

    CRMLS: CV23155404

    $1,250,000

    Price

  • Aug 20, 2023

    Date

    Active

    CRMLS: CV23155404

    $1,490,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great opportunity to invest in the heart of Long Beach! This is a2 Building, 3 Unit Mix used property with great opportunity. The residential unit, on 128 West Eagle St, has 3 large bedrooms, 1 bath. This unit is currently being rented for $1700 a month well under market value for rent. The current tenant is on a month-to-month lease. The option to earn more income resides with new buyers. The 2nd Building is a 2nd unit retail space/commercial/ office/restaurant currently being rented for $2500 a month. This unit has the potential for many business options. The last unit is a BBQ restaurant which has a big spacious kitchen. this has the potential to be rented for no less than $3500 a month.

  • July, 2023

  • Jul 10, 2023

    Date

    Expired

    CRMLS: IG23082814

    $1,599,000

    Price

  • May 13, 2023

    Date

    Active

    CRMLS: IG23082814

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great opportunity to invest in the heart of Long Beach. This is a2 Building, 3 Unit Mix used property with great opportunity. The residential unit, on 128 West Eaglei St, has 3 large bedrooms, 1 bath. This unit is currently being rented for $1700 a month well under market value for rent. The current tenant is on a month-to-month lease. so the option to earn more income resides with new buyers. The 2nd Building is a 2nd unit retail space/commercial/ office/restaurant currently being rented for $2500 a month. This unit has the potential for many business options. The last unit is a BBQ restaurant which has a big spacious kitchen. this has the potential to be rented for no less than $3000 a month. Located in the heart of Long Beach you are close to other businesses and residents, This is a can't miss..

  • October, 2004

  • Oct 22, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2004

  • Jul 21, 2004

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

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Tax History for 2338 Pacific Ave

Assessed Value (2020): $726,484
Year Land Value Improved Value Assessed Value
2020 $254,904 $471,580 $726,484

Home Value Compared to the Market

This property vs the competition

2338 Pacific Ave is listed 87.73% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $647 and this home is listed at $195.31 per/sqft which puts the price per square foot 69.81% lower than the median price per square foot for the city of Long Beach.

About 2338 Pacific Ave

Detailed summary of property

2338 Pacific Ave is a mixed use located in Long Beach, CA 90806 and is currently for sale. This mixed use property offers 3 bedrooms, 5 bathrooms, roughly 7,680 living square feet, and sits on an approximately 7,789 square foot lot. 2338 Pacific Ave was first listed on ArdentRealEstateGroup.com on June 6, 2024. The homeowner is currently asking $1,500,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $647. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 87.73% higher than the median priced home. Local competing homes currently for sale include 8801 S Vermont Ave, 726 W 76th St and 617 W 75th St. While the average home in Long Beach, CA is selling in 51 days, 2338 Pacific Ave has a days on market of 8 days. There are currently 699 homes for sale in the Long Beach real estate market and 394 of them are single family homes while 285 of them are condos and 20 are townhomes. For more information on this home for sale at 2338 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 2338 Pacific Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
3,284
Lot Size
7,787
Stories
1
Type
Grocery, Supermarket
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7205-017-030

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
$799,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$657
Total Inventory
15
Median Sale to List Price %
111.33%
Avg Days on Market
17
Loan Type
Conventional (37.5%), FHA (12.5%), VA (0%), Cash (0%), Other (37.5%)

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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.