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For sale
  • Listing Provided by: 

    Andrew McAllister DRE #01946829 925-683-9203,

    eXp Realty of Greater L.A

    $3,390,000

    1106 Pacific Ave, Long Beach, CA 90813

    14beds
    12baths
    8,203sqft
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $3,326,600 Zestimate®
    $413/sqft
    $-- HOA

    What's special

    Excellent conditionModern finishesNew paintFull facelift
    Welcome to The Louis – A renovated multifamily asset located in the heart of Long Beach, CA. This well-maintained 12-unit property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019. Interiors feature modern finishes, and the units remain in excellent condition. That same year, the exterior received a full facelift, including new paint and a refreshed façade, enhancing the building’s curb appeal. The property benefits from a stable tenant base, with approximately 9% rental upside remaining, offering investors immediate cash flow and future growth potential. Additionally, there are (6) on-site garages that present a compelling value-add opportunity: potential conversion into (3) ADUs (Accessory Dwelling Units), subject to Buyer verification. The Louis offers a rare blend of of an updated building, long-term tenancy, and upside in one of Long Beach’s most active rental markets.
    6 days
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    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2025 at 07:06am

    Listing Provided by:

    Andrew McAllister DRE #01946829 925-683-9203,

    eXp Realty of Greater L.A

    Source: CRMLS,MLS#: RS25135898MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 12
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 8,203
    • Total interior livable area: 8,203 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,507 Square Feet
    • Features: Paved, Street Level
    Details
    • Parcel number: 7273005013
    • Zoning: LBR4N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer, Sewer Assessment(s)
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks, Urban
    • Subdivision: Willmore District (Wm)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $413/sqft
    • Date on market: 6/17/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Tenant pays: Electricity, Gas
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