2369 Pacific, Long Beach, California 90806, Long Beach, 90806 - bed, bath
2369 Pacific
Long Beach, California 90806
Property Price
SUMMARY
Analysis of 2369 Pacific, Long Beach, California 90806 is currently available with a list price of $1,399,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1931, this mixed-use property is functional and currently income-producing, but it shows clear signs of aging infrastructure typical of its era. The listing's emphasis on 'value-add potential' and 'upside' indicates that the kitchens, bathrooms, and interior finishes are likely dated and have not undergone a comprehensive modern renovation. While maintained for occupancy, the property requires cosmetic updates and system modernizations to reach its full market potential.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Income Streams
This mixed-use property features a versatile combination of three residential units and two commercial retail spaces, providing a diversified and immediate cash-flow opportunity.
- Significant Value-Add Potential
The existing four-car garage offers a prime opportunity for conversion into two additional ADUs, allowing investors to significantly increase density and monthly rental revenue.
- Exceptional Parking Ratio
With 14 on-site parking spaces, the property offers a rare and highly valuable amenity in the high-demand Long Beach area, benefiting both residential tenants and commercial clients.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1931, the property may require substantial ongoing maintenance or capital expenditures to modernize structural elements and utility systems.
- Low High School Rating
The property is zoned for a high school with a low rating of 3, which may limit the appeal for long-term residential tenants with school-aged children.
About 2369 Pacific
Cash-Flow investment Opportunity in Long Beach. Located at 2369 Pacific Ave, this mixed-use property with future upside potential. Zoned CNP (Neighborhood Pedestrian-Oriented Commercial), the asset is ideal for investors seeking a versatile, income-producing property in a high-demand area. The property consists of multiple residential and commercial units. There are three 1-bedroom, 1-bath residential units. Each unit can collect $2,100 per month. Each of the Two commercial retail units can potentially collect $1,500 a month. Their are 4 garage parking spaces with the potential to be converted to two ADU's. The property features 14 on-site parking spaces and is conveniently located near schools, public transportation, and shopping centers, making it a compelling investment with immediate cash flow and long-term value-add potential.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1931
- Lot Size
- 7,263 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Lafayette Elementary School
Grades K-5 • 0.1 mi
Burnett Elementary School
Grades K-5 • 0.5 mi
Birney Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,951 | 2,951 | 50% |
| Lot Size | 7,263 | 6,263 | 67% |
| Price | $1.40M | $1.14M | 67% |
| Price per sq ft | $474 | $421 | 67% |
| Built year | 1931 | 1931 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 206 | 33% |
Pricing History
Listed for Sale
Jan 6, 2026
$1,399,999
Initial Listing
Sold
Aug 11, 2020
$800,000
Public Record