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    1151 Pacific Ave Long Beach, CA 90813

    For Sale
    $1,434,000

    Fourplex in Willmore neighborhood with upside potential and garage parking.

    Lot size:
    0.17 Acres

    Property Features for 1151 Pacific Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1978

    Source: Steven M. Bogoyevac, Broker Agent Steven Bogoyevac

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

    Overview

    Long Beach Fourplex with Garages

    The property at 1151 Pacific Avenue is a fourplex constructed in 1978, located in Long Beach, California. It features a mix of three two-bedroom, two-bathroom units and one three-bedroom, two-bathroom unit, offering spacious floor plans. On-site laundry facilities are available. Parking includes a two-car garage at the front and four single-car garages at the rear, complemented by tandem driveway parking. Situated in the Willmore neighborhood, the location provides convenient access to retail establishments, the Metro Blue Line, Downtown Long Beach, and the 710 Freeway. The property offers a potential rental upside for investors. This fourplex is available as part of a Long Beach portfolio sale, which includes an eight-unit complex at 2032 Pine Avenue and a six-unit building at 1209 Olive Avenue. The properties can be purchased separately or together.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1941259
    Latitude
    33.7810661

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Willmore neighborhood with upside potential and garage parking.
    Where is this quadplex located?
    The property is located at 1151 Pacific Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,434,000.
    What are key features of this property?
    This property features: - Desirable unit mix: Three 2-bed/2-bath units and one 3-bed/2-bath unit.; - Significant rental upside: 10 percent potential increase for new investor.; - Convenient location: Easy access to retail, Metro Blue Line, Downtown Long Beach, and the 710 Freeway.
    (562) 257-1231
    Request Owner's contact information
    1151 Pacific Ave Long Beach, CA 90813
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    Long Beach, CA 90813
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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
    1151 Pacific Ave Long Beach, CA 90813
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