2444 Pacific, Long Beach, CA 90806
- 4 beds |
- 4 baths
Multi-Family Home
Built in ——
7,457sqft lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
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 benefits 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 Beachs thriving rental market, 2444 Pac
- Listing Status:
- Active
- Date Added:
- March 24, 2026
- Data Last Updated:
- May 20, 2026 at 5:11AM
- Listing Office:
- Southland Property Group : 562-270-1777
- Listing Agent:
- Perry Karn : 562-519-0099
- MLS ID:
- PW26063703
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Los Angeles
- Zoning: Public Rec7205008016
- Source: California Regional MLS
This listing courtesy of Perry Karn , Southland Property Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $






