Est. cap rate

2.6%

Assumed rent, all units

$3,960/mo

Units

2

Price per unit

$450,000

Est. annual NOI

$23,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Building size

1,377 sqft

Lot size

7,458 sqft

Year built

1928

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

194

MLS #

238761739

About this property

COMMERCIAL & RESIDENTIAL OPPORTUNITY – ONE OF A KIND! An exceptional investment and development opportunity awaits at 2000 Pacific Ave in the vibrant Wrigley community of Long Beach. This unique mixed-use opportunity offers the perfect blend of urban convenience and suburban charm, making it ideal for entrepreneurs, investors, and owner-users alike. Positioned on a prime corner along Pacific Avenue, the commercial frontage provides outstanding visibility and endless potential for a variety of business ventures. The property is fully secured with wrought iron fencing, offering both privacy and curb appeal. The former garage has been converted into three small unit spaces plus a bathroom, unpermitted — ideal for office use, creative studios, rental income, or flexible workspace. Facing 20th Street, you’ll find a charming Spanish-style stucco duplex that has recently been painted and is completely fenced for added privacy. The residential portion also features a covered backyard patio, creating a welcoming outdoor space for tenants or owners to enjoy. Located within walking distance to restaurants, shopping centers, health offices, schools, and parks, this property also offers quick access to the beach and major freeways including the Interstate 405 and Interstate 710, making commuting convenient and efficient. Bring your business vision and development ideas — this rare mixed-use opportunity is ready to be transformed into something truly special.

Location

2000 Pacific

Long Beach, Los Angeles, CA, 90806