2444 Pacific

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2444 Pacific

Long Beach, CA 90806
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located in Long Beach, California.
  • Property features a total of 8 individual units.
  • Positioned within the 90806 ZIP code submarket.
  • Strong demand for rental housing in the region.
  • Suited for investors targeting the Long Beach area.

What's Special

Long Beach serves as a major economic hub within the Greater Los Angeles area, benefiting from its dense population, proximity to the Port of Long Beach, and strong demand for residential housing. This multifamily apartment building sits in a prime position to capitalize on the sustained interest in the local rental market. With its central location in a highly active Southern California urban center, the property provides convenient access to major regional transit corridors and employment centers. The asset consists of 8 units, making it an efficient addition to a residential investment portfolio. Given the ongoing need for rental inventory in the area, this property functions well as a stable income-producing asset for long-term holders. Investors seeking to expand their presence in the Long Beach submarket will find this building well-positioned to serve the needs of local residents and professionals seeking transit-oriented housing options in a key coastal city.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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