Map of Property

1700 Pacific Ave

For Sale

1700 Pacific Ave, Long Beach, CA 90813

This Long Beach property for sale is located at 1700 Pacific Ave. The general use of 1700 Pacific Ave is multi-family and it incorporates 6,423 square feet of class B multi-family space. The current listed sale price for 1700 Pacific Ave is $2,145,000. 1700 Pacific Ave is situated on a lot that is 0.14 acre in size.

Contacts

broker
Shane Young

Young Lewin Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 6,423 SF
  • Units 10
  • Lot Size 0.14 Acre
  • Building Class B
  • Year Built 1964
  • Date Updated Aug 12, 2025
Downtown Long Beach is a highly sought after and walkable area, featuring the dining and entertainment amenities of Pine Avenue in addition to attractions like the Aquarium and Convention Center. There is a high demand for housing in Downtown Long Beach but the current supply is out dated and lacking amenities.YoungLewin is pleased to present a 10 unit investment opportunity located at 1700 Pacific Ave in Long Beach. All major systems have been redone, including new electric (main and sub panels), ABS plumbing systems, new vinyl windows, and the roof is in great condition as well. At a current 5.44% Cap Rate, and 11.2 GRM with upside to a 7.01% Cap Rate and 9.5 GRM, this is priced attractively & below the area average. In addition to all of the major improvements to the property, the tenants benefit from a rear roof deck, onsite laundry room (vacant), as well as onsite parking. There is ample retail and dining options nearby, and being located just off Pacific Coast Hwy, the central location allows for easy commute to downtown, the beach, and easy access to 710/405 Freeways. The property is also steps away from numerous new construction apartment buildings, retail centers, the $176 million reconstruction of Washington Middle School’s five-acre campus & the $450 million Poly High School campus renovation. In addition to the 28% upside in Net Operating Income, there is even more opportunity with the potential to convert the existing garage and rear parking area + roof deck into ADUs. One can reasonably get an additional 4+ units onsite for additional income and equity growth.
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Highlights

  • ADU Potential for Additional Income and Equity Growth
  • New Windows, New Electric Panels (Main + Sub), New ABS Plumbing, & Roof in Good Condition
  • Roof Deck, Onsite Parking, and Laundry Area
  • Strong Income with 28% Upside in NOI

Getting around

  • 86/100

    Walk Score ®

  • 69/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Long Beach, CA
  • Neighborhood Washington School
  • Zip Code 90813
  • Market Los Angeles

Points of Interest

  • Pacific Coast Highway

    0.25 miles

  • Anaheim Street

    0.48 miles

  • 5th Street

    1.04 miles

  • Pacific Avenue

    1.09 miles

  • Wardlow

    2.20 miles

  • Del Amo

    4.25 miles

  • Long Beach Boulevard

    9.51 miles

  • Arco

    0.10 miles

  • Mobil

    0.14 miles

  • Chevron

    0.27 miles

  • 76

    0.29 miles

  • Shell

    0.51 miles

  • Speedway Express

    0.82 miles

  • USA gas

    1.14 miles

  • eVgo

    1.74 miles

  • Blink Charging Station

    3.06 miles

  • ChargePoint

    5.16 miles

  • Lot 1

    1.03 miles

  • Lot 2

    1.06 miles

  • Lot 3 Staff

    1.14 miles

  • Lot 4 Staff

    1.17 miles

  • Lot 7 staff

    1.17 miles

  • Parking structure

    1.18 miles

  • P2

    1.20 miles

  • Lot 9 Staff

    1.21 miles

  • "JJ"

    1.22 miles

  • Lot 10

    1.24 miles

  • Best Western of Long Beach

    0.20 miles

  • El Capitan Motor Inn

    0.24 miles

  • Tower Motel

    0.25 miles

  • State Motel

    0.35 miles

  • Poolside Inn Motel

    0.39 miles

  • Beacon Inn Motel

    0.44 miles

  • La Mirage Inn

    0.46 miles

  • Travel Eagle Inn Motel

    0.52 miles

  • Colonial Motel

    0.62 miles

  • Aqua Venture Inn

    0.67 miles

  • Kim Long Market

    0.50 miles

  • Northgate Market

    0.54 miles

  • Superior Grocers

    0.60 miles

  • Smart & Final

    0.61 miles

  • Phnom Penh New Market

    0.78 miles

  • ALDI

    0.79 miles

  • Grocery Outlet

    1.13 miles

  • El Super

    1.13 miles

  • Ross

    1.18 miles

  • Albertsons

    1.21 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Shane Young

Young Lewin Advisors

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