944 Pacific , Long Beach, CA 90813
$1,850,000
Est. Payment: $9,880.29/mo
5 Bed
4 Bath
4583 Sqft
Status: Active | Days on site: 14
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PB13351 - PBOYOSTE
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House Description

This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control. 944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion. The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.

Highlights

Listed by Steven Bogoyevac , 562-257-1231 Steven M. Bogoyevac, Broker , 562-436-5800. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

2020

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

Neighborhood

Downtown (DT)

Listing ID

PW26196305

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:10
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$9,880
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,880.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,880.29 $1,179.38 $0.00 $11,059.67
Yearly $118,563.54 $14,152.50 $0.00 $132,716.04
Total $3,556,906.14 $424,575.00 $0.00 $3,981,481.14

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T05:04:10.000Z

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