1856 Pacific Avenue, Long Beach, California 90806, Long Beach, 90806 - 0 bed, 0 bath
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Long Beach, California 90806
Analysis of 1856 Pacific Avenue, Long Beach, California 90806 is currently available with a list price of $2,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1961 (65 years old) with no recorded renovations. The property exceeds the 30-year threshold for poor condition; exterior shows aged roofing and dated fixtures, suggesting original or significantly outdated systems and interiors that likely require major rehab.
The mixed-use composition of 2 commercial storefronts and 7 residential units provides a versatile investment with multiple revenue sources and reduced vacancy risk.
This property offers a rare opportunity for a small business owner to operate on-site while the residential units provide significant income to offset the mortgage.
Situated in the Wrigley area near public transportation and established businesses, the property benefits from high visibility for commercial tenants and convenience for residents.
Built in 1961, the property may require substantial capital investment for modernizing systems and maintaining the structural integrity of a 60-plus-year-old building.
While the elementary schools are highly rated, the local high school has a rating of 3, which may be a deterrent for families with older children looking for long-term residency.
This is a 9 units property consisting of 2 stores front and 7 units apartment in the back perfect for small business owner who want to own their own store without having to pay rent on their own business and have additional income from the apartments. close to public transportation, restaurants, other businesses.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,246 | 5,288 | 50% |
| Lot Size | 6,714 | 6,478 | 75% |
| Price | $2.10M | $1.41M | 75% |
| Price per sq ft | $336 | $279 | 50% |
| Built year | 1961 | 1946 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 97 | 25% |
May 19, 2026
$2,100,000
Initial Listing
Apr 1, 1998
$10,000
Public Record