Under Contract

2444 Pacific

Long Beach, CA 90806
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt6,228

Sqft

SqFt7,457

Sqft(Lot)

Exceptional 8-Unit Investment Opportunity in Long Beach – Value-Add with ADU Potential! Introducing 2444 Pacific Ave, a rare opportunity to acquire a well-located 8-unit apartment building in the heart of the Wrigley area of Long Beach. This income-producing property offers investors immediate cash flow with significant upside potential through strategic improvements and additional accessory dwelling unit development. The property features eight residential units complemented by five detached garages, presenting a prime opportunity for conversion into Accessory Dwelling Units (ADUs) (buyer to verify with city). This added value component provides a clear path to increasing rental income and maximizing long-term returns. Situated on a desirable stretch of Pacific Avenue, the property benef its from strong rental demand, proximity to major transportation corridors, local retail, dining, and employment hubs. Tenants enjoy convenient access to everything Long Beach has to offer, making this an attractive and stable investment location. Highlights Include: -8-unit multifamily property with strong in-place income -Upgraded electrical and plumbing -SB 721 inspection completed and passed -5 garages with excellent ADU conversion potential -Value-add opportunity through unit upgrades and increased rents -Prime location with high tenant demand -Ideal for investors seeking long-term growth and cash flow - Current Cap - 5.87 Market Cap - 6.87 - Current GRM - 12.18 Market GRM 10.32 Whether you're looking to expand your portfolio or capitalize on Long Beach’s thriving rental market, 2444 Pacific Ave delivers both stability and upside in one compelling investment. The property is professionally managed. Buyer to verify all information.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,850,000

AD Id : 77528100

MLS Id : PW26063703

Lot Size : 7,457 Sqft

Living Area Size : 6,228

Year Built : 1943

Garage : 5

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1943 Building Area Total: 6,228
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1712
  • Lot Size Source: Assessor Lot Size Square Feet: 7457

  • Listing Price Information

    Original List Price: 1,850,000 Listing Contract Date: 2026-03-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7205008016

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 5 - Wrigley Area Directions: Head North on Pacific Ave from Pacific Coast Highway it will be on your right side right after the Burnett Street intersection. Source Property Type: Residential Income Area: 5 - Wrigley Area Property SubType: Apartment
  • Building and Construction

    Property Age: 83 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Front and Side
Sell a home like this and save $110,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
910 E 19th Street, Long Beach, CA, 90806 $754,000 4 3 1,492 1,492 SqFt
2337 Long Beach, Long Beach, CA, 90806 $1,325,000 -- -- 4,330 4,330 SqFt
2320 Locust, Long Beach, CA, 90806 $499,000 2 1 680 680 SqFt
201 E Eagle Street, Long Beach, CA, 90806 $879,000 5 -- 1,914 1,914 SqFt
1950 Magnolia Avenue, Long Beach, CA, 90806 $965,000 6 -- 2,016 2,016 SqFt
2430 San Francisco Avenue, Long Beach, CA, 90806 $819,000 3 2 1,450 1,450 SqFt
1860 San Francisco Aven.., Long Beach, CA, 90806 $550,000 3 3 1,508 1,508 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/12/2026 @ 00:41

MLS: PW26063703 LISTED BY: Perry Karn, Southland Property Group 562-270-1777 SOURCE: CRMLS

Selling? Save $110,501 when you sell a home like this

Tour with a ByOwner Agent