$1,850,000

2444 Pacific, Long Beach, CA 90806

  • 4 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,457sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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
  • Pool: N/K
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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