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    2332 Pacific Ave Long Beach, CA 90806

    For Sale
    $600,000

    Established bar with renovated property and potential residential unit.

    Property size:
    2,072 SF

    Property Features for 2332 Pacific Ave

    General Information

    Size
    2,072 SF

    Building Details

    Year built
    1938

    Source: Michael Chang Agent Michael Chang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Bar and Real Estate

    This offering presents an opportunity to acquire the real estate and business of an established local bar. The 2,072 square-foot property has been fully renovated with over $350,000 in capital expenditures. Renovations include new electrical, plumbing, flooring, bathrooms, roof, and upgrades to the exterior and interior facade. The two-story property features a two-bedroom residential unit upstairs, which may be converted subject to buyer confirmation. The property also includes an outdoor patio and rooftop lounging area. The bar is equipped with a jukebox, newly installed leather booths and barstools, an ATM, and vending machines. Located in North Long Beach (Old Town) on the Pacific Avenue corridor, the property is surrounded by local small businesses in a residential neighborhood, approximately two miles north of Downtown Long Beach. The property qualifies for SBA financing with 10% down. There is an additional opportunity to renovate the patio and rooftop lounge. The property is located in Long Beach, a gateway city between Los Angeles County and Orange County, with a population of over 500,000. Long Beach is home to the Queen Mary, Long Beach Aquarium, and one of the largest shipping ports in the Western US. The property is intended for use as a bar/lounge.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wicked Wolf Cocktail Bar Chimbas Sports Bar Cocktail Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pit Stop, The Wicked Wolf, La Playa, Chimbas Sports Bar, The getaway bar

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1934563
    Latitude
    33.7995647

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    FAQs

    What type of property is this?
    Bar - Established bar with renovated property and potential residential unit.
    Where is this bar located?
    The property is located at 2332 Pacific Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Fully renovated property with over $350,000 in recent upgrades, including new electrical, plumbing, flooring, bathroom, roof, and facade.; - Established and operating bar/lounge business included.; - Property qualifies for SBA financing with 10% down.
    (626) 688-8864
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    2332 Pacific Ave Long Beach, CA 90806
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    Long Beach, CA 90806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2332 Pacific Ave Long Beach, CA 90806
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