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Property view

939 Pacific, 
Long Beach, CA 90813

$2,705,000


Bed


Bath


7,836

Sq Ft


Multi-Family

Sold

Listed by

Christopher Van Vuuren

Cris Molles

Bought with Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Estate, Inc.

The Realestate Group

310-425-9838

MLS#

SB26114748

Source:

CRMLS

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About This Home

939 Pacific

We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

Home Facts

Multi-Family

Built in 1959

Subdivision & Development:

Willmore District (WM)

Price Summary

2,730,000

$348 per Sq. Ft.

MLS #:

SB26114748

Sold:

September 1, 2026


Rooms & Interior

Interior

Living Area:

7,836 Sq. Ft.


Structure

Structure

Building Area:

7,836 Sq. Ft.

Year Built:

1959


Lot

Lot Size (Sq. Ft):

7,505


Finances & Disclosures

Finances

Price:

$2,730,000

Price per Sq. Ft:

$348 per Sq. Ft.

Source:CRMLS
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