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1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
1106 Pacific Avenue, Long Beach CA 90813
California>Long Beach>Saint Mary

1106 Pacific AvenueLong Beach, CA 90813

For Sale

$3,150,000

Smart Buyer Rebate $31,500

Huge Price Reduction! Bring All Offers -Welcome to The Louis - Priced at an in-place 6.03% cap rate, the Louis iis a full renovated 12 unit apartment complex located in the heart of Long Beach, CA. This well-maintained property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019. Interiors feature modern finishes, and the units remain in excellent condition. That same year, the exterior received a full facelift, including new paint and a refreshed façade, enhancing the building’s curb appeal. Seller replaced the 100 gallon water heater in 2025.

The property benefits from a stable tenant base, with approximately 10% rental upside remaining—offering investors immediate cash flow and future growth potential. Additionally, there are (6) on-site garages that present a compelling value-add opportunity: potential conversion into (3) ADUs (Accessory Dwelling Units), subject to Buyer verification.

The Louis offers a rare blend of updated construction, long-term tenancy, and upside in one of Long Beach’s most active rental markets.

Listed by Andrew McAllister

·

License #01946829

·

eXp Realty of Greater L.A

·

925-683-9203

Last updated August 20, 2025

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Source: CRMLS #RS25135898

Listing Facts

  • TypeMulti-family
  • NeighborhoodSaint Mary
  • Days on Prevu155

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$3,150,000
10/21/2025
Status changed to Removed from Feed
$3,150,000
10/20/2025
Status changed to Active
$3,150,000
10/19/2025
Status changed to Removed from Feed
$3,150,000
10/18/2025
Status changed to Active
$3,150,000
10/16/2025
Status changed to Removed from Feed
$3,150,000
10/04/2025
Status changed to Active
$3,150,000
10/03/2025
Status changed to Removed from Feed
$3,150,000
09/20/2025
Status changed to Active
$3,150,000
09/19/2025
Status changed to Removed from Feed
$3,150,000
09/18/2025
Status changed to Active
$3,150,000
09/17/2025
Status changed to Removed from Feed
$3,150,000
09/12/2025
Status changed to Active
$3,150,000
09/05/2025
Status changed to Removed from Feed
$3,150,000
09/05/2025
Status changed to Active
$3,150,000
09/04/2025
Status changed to Removed from Feed
$3,150,000
07/21/2025
Price Decreased
$3,150,000
06/28/2025
Status changed to Active
$3,390,000
06/27/2025
Status changed to Removed from Feed
$3,390,000
06/17/2025
Listed by eXp Realty of Greater L.A
$3,390,000

Property Details for 1106 Pacific Avenue

Association

Amenities

  • Community Features: Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 12
  • Roof: Shingle
  • Stories Total: 2
  • Year Built: 1963
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 8,203
  • Building Area Units: Square Feet
  • Lot Features: Paved, Street Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,507
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,507
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.03
  • Gross Income: $283,700.00
  • Operating Expense: $86,304.00

Taxes

  • Parcel Number: 7273005013

Other

Location

  • Subdivision Name: Willmore District (WM)
  • Tax Lot: 5

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Total: 6

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer,Sewer Assessment(s)
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.