1106 Pacific Ave
Long Beach, CA 90813

$3,150,000

Price

Beds

Baths

8,203 Sq. Ft.

$384 / Sq. Ft.

8,203

Sq. Ft.

$384

per Sq. Ft.

1106 Pacific Avenue Long Beach, CA 90813 - Photo 1 of 13

a view of city from terrace along with seating space

a view of an empty room with wooden floor and a ceiling fan

a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator

a kitchen with stainless steel appliances a sink dishwasher a stove and a microwave oven with cabinets

a kitchen with granite countertop a sink wooden floor and stainless steel appliances

a view of an empty room with a fireplace

a bathroom with a sink a toilet and shower

a view of empty room with a ceiling fan and a window

Description

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,...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.

Property Details for 1106 Pacific Avenue

Parking Spaces Total

Private Pool

Cooling Type

None

Total Units

12.0

Building Type

Detached

Lot Size Source

Assessor

Living Area

8203

Assessor Parcel Number

7273-005-013

LISTING UPDATED: 08/20/2025 01:05 AM

Property Details for 1106 Pacific Avenue

Status	Active
MLS #	RS25135898
Days on Market	178
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Res Income 2-4 Units
Year Built	1963
County	Los Angeles County

Location

Listing Courtesy of eXp Realty of Greater L.A, Andrew McAllister, DRE #01946829

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Building Information for 1106 Pacific Avenue

Building/Complex1106 Pacific AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1963Building Size-

Payment Calculator

$19,586 per month

30 year fixed, 6.28% Interest

Principal and Interest

$15,565

Property Taxes

$4,021

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 1106 Pacific Avenue

Rental Info

Tenant Pays: Electricity, Gas

Income / Expense / Tax Details

Income Details

Gross Income: $283,700
Gross Scheduled Income: $284,360

Vacancy Allowance: 7968
Vacancy Allowance Rate: 3
Gross Operating Income: $276,393
Net Operating Income: $190,089
Number Of Rented Garages: 6
Garage Income: $975
Laundry Income: $449
Gross Multiplier: 1108.0
Cap Rate: 6.03

Expense Details

Operating Expense: $86,304
Operating Expense Percent: 34.00%

New Taxes Expense: $41,273
Fuel Expense: $2,564
Pest Control Expense: $600
Electric Expense: $523
Insurance Expense: $12,000
Maintenance Expense: $9,000
Professional Management Expense: $13,788
Other Expense: $3,000
Other Expense Description: Reserves
Trash Expense: $0
Water Sewer Expense: $4,106
Total Expenses: $86,304

Tax / Assessment Info

Tax Area: 11934
Tax Rate: 1.24

Tax Tract Number: 575...
Tax Census Tract: 5758.03
CFD/Mello-Roos Fee: $2,207
Tax Lot: 5

Community / Development

Assessments YN: Yes
Assessments: Special Assessments

Community Features: Sidewalks, Street Lights, Urban
Community: Willmore District (WM)

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Community

Laundry Equipment Own Lease: Lease
Fireplace Features: None
Fireplace Rooms: None
Cooling: None
Heating Type: Wall
Heating: Wall Furnace

Exterior Features

Roof: Shingle
Entry Location: 1

Pool Features: None
Pool Description: None
Pool: N/K
Pool Heat: N/K

Land/Lot Info

Lot Features: Level with Street, Lot 6500-9999, Paved
Number Of Units: 12

Land Lease: No
Land Lease Type: Fee
Water: Public
Sewer: Public Sewer, Sewer Assessments
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public

Parking Info

Garage Spaces: 6
Parking Garage Spaces: 6

Carport Spaces: 0

Property / Structure Info

Builders Tract Name: Willmore District
Builders Tract Code: Willmore District (WM)

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,795
Unit Type Total Rent: $1,795
Unit Type Pro Forma: 1850
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,750
Unit Type Total Rent: $1,750
Unit Type Pro Forma: 1850
Unit Type Type: 10

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $2,167
Unit Type Total Rent: $2,167
Unit Type Pro Forma: 2500
Unit Type Type: 11

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $2,195
Unit Type Total Rent: $2,195
Unit Type Pro Forma: 2500
Unit Type Type: 12

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,695
Unit Type Total Rent: $1,695
Unit Type Pro Forma: 1850
Unit Type Type: 2

Unit 6

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,695
Unit Type Total Rent: $1,695
Unit Type Pro Forma: 1850
Unit Type Type: 3

Unit 7

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,850
Unit Type Total Rent: $1,850
Unit Type Pro Forma: 1850
Unit Type Type: 4

Unit 8

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,795
Unit Type Total Rent: $1,795
Unit Type Pro Forma: 1850
Unit Type Type: 5

Unit 9

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,850
Unit Type Total Rent: $1,850
Unit Type Pro Forma: 1850
Unit Type Type: 6

Unit 10

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,795
Unit Type Total Rent: $1,795
Unit Type Pro Forma: 1850
Unit Type Type: 7

Unit 11

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,695
Unit Type Total Rent: $1,695
Unit Type Pro Forma: 1850
Unit Type Type: 8

Unit 12

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,795
Unit Type Total Rent: $1,795
Unit Type Pro Forma: 1850
Unit Type Type: 9

Unit Information

Number Of Units Leased: 12
Rent Controlled: No

Number Of Buildings: 1
Number Of Separate Electric Meters: 13
Number Of Separate Gas Meters: 13
Number Of Separate Water Meters: 1

Property History for 1106 Pacific Avenue

Date	Event & Source	Price	Appreciation
Jul 21, 2025	Price Change CLAW #RS25135898MR	$3,150,000	—
Jul 21, 2025	Price Change CRMLS #RS25135898	$3,150,000	—
Jul 21, 2025	Price Change SDMLS #RS25135898	$3,150,000	—
Jun 17, 2025	Listed (Active) CRMLS #RS25135898	$3,390,000	—
Jun 16, 2025	Listed (Active) SDMLS #RS25135898	$3,390,000	—
Jun 16, 2025	Listed (Active) CLAW #RS25135898MR	$3,390,000	—
May 28, 2020	Sold CRMLS #OC20009668	$3,300,000	—
May 28, 2020	Sold SDMLS #OC20009668	$3,300,000	—
May 28, 2020	Sold CLAW #OC20009668MR	$3,300,000	—
May 8, 2020	Sold (Public Record) Public Record #667958310	$3,300,000	+24.9% / yr
Mar 28, 2020	Expired CRMLS #SB19205377	$3,370,000	—
Mar 27, 2020	Expired CLAW #SB19205377MR		—
Mar 23, 2020	Pending CLAW #OC20009668MR		—
Mar 23, 2020	Pending SDMLS #OC20009668		—
Mar 23, 2020	Pending CRMLS #OC20009668		—
Jan 22, 2020	Listed (Active) SDMLS #OC20009668	$3,362,500	—
Jan 22, 2020	Listed (Active) CRMLS #OC20009668	$3,362,500	—
Jan 22, 2020	Listed (Active) CLAW #OC20009668MR	$3,362,500	—
Dec 16, 2019	Withdrawn / Cancelled CRMLS #SB19205377		—
Dec 16, 2019	Expired SDMLS #SB19205377		—
Nov 18, 2019	Price Change SDMLS #SB19205377	$3,370,000	—
Nov 6, 2019	Price Change CRMLS #SB19205377	$3,370,000	—
Aug 27, 2019	Listed (Active) SDMLS #SB19205377	$3,420,000	—
Aug 27, 2019	Listed (Active) CRMLS #SB19205377	$3,420,000	—
Aug 27, 2019	Listed (Active) CLAW #SB19205377MR	$3,420,000	—
Jan 7, 2019	Sold SDMLS #SB18234049	$2,365,000	—
Jan 7, 2019	Sold CLAW #SB18234049MR	$2,365,000	—
Jan 7, 2019	Sold CRMLS #SB18234049	$2,365,000	—
Nov 8, 2018	Pending CLAW #SB18234049MR		—
Nov 8, 2018	Pending CRMLS #SB18234049		—
Nov 7, 2018	Sold (Public Record) Public Record #636710470	$2,365,000	—
Sep 25, 2018	Listed (Active) CRMLS #SB18234049	$2,400,000	—
Sep 25, 2018	Listed (Active) CLAW #SB18234049MR	$2,400,000	—
Sep 25, 2018	Listed (Active) SDMLS #SB18234049	$2,400,000	—

Date	Event & Source	Price
07/21/2025	Price Change CLAW #RS25135898MR	$3,150,000
07/21/2025	Price Change CRMLS #RS25135898	$3,150,000
07/21/2025	Price Change SDMLS #RS25135898	$3,150,000
06/17/2025	Listed (Active) CRMLS #RS25135898	$3,390,000
06/16/2025	Listed (Active) SDMLS #RS25135898	$3,390,000
06/16/2025	Listed (Active) CLAW #RS25135898MR	$3,390,000
05/28/2020	Sold CRMLS #OC20009668	$3,300,000
05/28/2020	Sold SDMLS #OC20009668	$3,300,000
05/28/2020	Sold CLAW #OC20009668MR	$3,300,000
05/08/2020	Sold (Public Record) Public Record #667958310	$3,300,000 +24.9% / yr
03/28/2020	Expired CRMLS #SB19205377	$3,370,000
03/27/2020	Expired CLAW #SB19205377MR	—
03/23/2020	Pending CLAW #OC20009668MR	—
03/23/2020	Pending SDMLS #OC20009668	—
03/23/2020	Pending CRMLS #OC20009668	—
01/22/2020	Listed (Active) SDMLS #OC20009668	$3,362,500
01/22/2020	Listed (Active) CRMLS #OC20009668	$3,362,500
01/22/2020	Listed (Active) CLAW #OC20009668MR	$3,362,500
12/16/2019	Withdrawn / Cancelled CRMLS #SB19205377	—
12/16/2019	Expired SDMLS #SB19205377	—
11/18/2019	Price Change SDMLS #SB19205377	$3,370,000
11/06/2019	Price Change CRMLS #SB19205377	$3,370,000
08/27/2019	Listed (Active) SDMLS #SB19205377	$3,420,000
08/27/2019	Listed (Active) CRMLS #SB19205377	$3,420,000
08/27/2019	Listed (Active) CLAW #SB19205377MR	$3,420,000
01/07/2019	Sold SDMLS #SB18234049	$2,365,000
01/07/2019	Sold CLAW #SB18234049MR	$2,365,000
01/07/2019	Sold CRMLS #SB18234049	$2,365,000
11/08/2018	Pending CLAW #SB18234049MR	—
11/08/2018	Pending CRMLS #SB18234049	—
11/07/2018	Sold (Public Record) Public Record #636710470	$2,365,000
09/25/2018	Listed (Active) CRMLS #SB18234049	$2,400,000
09/25/2018	Listed (Active) CLAW #SB18234049MR	$2,400,000
09/25/2018	Listed (Active) SDMLS #SB18234049	$2,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1106 Pacific Avenue

Taxable ValueLand$2,345,869Additions$1,263,999Total$3,609,868

Tax Record2025$48,253 ($4,021 / month)

Home Facts

Total Finished SqFt8,203 SqFtAbove Grade Finished SqFt8,203 SqFtLot Size7,507 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLBR4NCountyLOS ANGELESAPN7273-005-013

Schools near 1106 Pacific Avenue

This home is within Long Beach Unified School District.


Rating	School	Type	Grades	Distance
6/10	Roosevelt Elementary School	Public - Serves this home	K to 5	0.6 mi
5/10	Washington Middle School	Public - Serves this home	6 to 8	0.3 mi
7/10	Polytechnic High School	Public - Serves this home	9 to 12	0.7 mi
7/10	Renaissance High School For The Arts	Public - Choice school	9 to 12	0.3 mi
2/10	Educational Partnership High School	Public - Choice school	9 to 12	0.6 mi
NR	Clear Passage Educational Center	Charter - Choice school	9 to 12	0.8 mi
NR	First Baptist Church School	Private - Nearby school	K to 12	0.1 mi
NR	Regency High School	Private - Nearby school	8 to 12	0.3 mi
NR	Montessori On Elm	Private - Nearby school	1 to 4	0.4 mi


Rating	School	Distance
6/10	Roosevelt Elementary School PublicK to 5 Serves this home	0.6 mi
5/10	Washington Middle School Public6 to 8 Serves this home	0.3 mi
7/10	Polytechnic High School Public9 to 12 Serves this home	0.7 mi
7/10	Renaissance High School For The Arts Public9 to 12 Choice school	0.3 mi
2/10	Educational Partnership High School Public9 to 12 Choice school	0.6 mi
NR	Clear Passage Educational Center Charter9 to 12 Choice school	0.8 mi
NR	First Baptist Church School PrivateK to 12 Nearby school	0.1 mi
NR	Regency High School Private8 to 12 Nearby school	0.3 mi
NR	Montessori On Elm Private1 to 4 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1106 Pacific Avenue, Long Beach, CA 90813

1106 Pacific Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on June 16, 2025 by eXp Realty of Greater L.A, it's currently listed at $3,150,000. It has been on the market for a total of 178 days and was last sold on May 28, 2020. This listing's school district is Long Beach Unified School District. Nearby schools include Roosevelt Elementary School, Washington Middle School and Polytechnic High School. 1106 Pacific Avenue is a 14-bed, 12-bath, 8,203 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Greater L.A, Andrew McAllister, DRE #01946829

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

1106 Pacific AveLong Beach, CA 90813

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More information about 1106 Pacific Avenue, Long Beach, CA 90813

1106 Pacific Ave
Long Beach, CA 90813