1113 Pacific Ave
Long Beach, CA 90813

$2,798,000

Price

Beds

Baths

6,338 Sq. Ft.

$441 / Sq. Ft.

6,338

Sq. Ft.

$441

per Sq. Ft.

1113 Pacific Avenue Long Beach, CA 90813 - Photo 1 of 18

Description

Cash flow! Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally,...Cash flow! Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.

Listed by Pat Swanson • DRE #01382974 • Brokerage DRE #01382974 • Pat Swanson • 213-864-2862

Property Details for 1113 Pacific Avenue

Parking Spaces Total

Private Pool

Total Units

7.0

Building Type

Detached

Lot Size Source

Assessor

Living Area

6338

Assessor Parcel Number

7272-005-011

Property Attached YN

false

LISTING UPDATED: 10/17/2025 04:29 AM

Property Details for 1113 Pacific Avenue

Status	Active
MLS #	OC25141984
Days on Market	165
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Res Income 2-4 Units
Year Built	1907
County	Los Angeles County

Location

Listing Courtesy of Pat Swanson, Pat Swanson, DRE #01382974

Add your commute

Building Information for 1113 Pacific Avenue

Building/Complex1113 Pacific AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1907Building Size-

Payment Calculator

$15,403 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,826

Property Taxes

$1,577

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 1113 Pacific Avenue

Income / Expense / Tax Details

Income Details

Gross Income: $243,974
Gross Scheduled Income: $243,974

Vacancy Allowance Rate: 3
Gross Operating Income: $181,468
Net Operating Income: $178,383
Gross Multiplier: 12.27
Cap Rate: 6.45

Expense Details

Operating Expense: $65,591
New Taxes Expense: $24,804

Fuel Expense: $0
Electric Expense: $0
Insurance Expense: $7,923
Professional Management Expense: $0
Trash Expense: $1,200
Water Sewer Expense: $1,749
Total Expenses: $20,202

Tax / Assessment Info

Tax Tract Number: 0
CFD/Mello-Roos Fee: $0

Tax Lot: 0

Community / Development

Accessibility Features: Parking
Disability Access: Other Main Level Modifications

Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban, Urban
Community: Downtown (DT)

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Common Area, Stackable

Fireplace Features: Bath, Family Room, Kitchen, Living Room, Patio, Electric, Gas
Fireplace Rooms: Bath, Electric, Family Room, Gas, Kitchen, Living Room, Patio

Exterior Features

Entry Location: Front
Pool Features: None

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

Land/Lot Info

Lot Features: 2-5 Units/Acre
Number Of Units: 7

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 8
Uncovered Spaces: 14

Open Other Spaces Total: 14
Parking Garage Spaces: 8
Carport Spaces: 0

Property / Structure Info

Builders Tract Name: Downtown
Builders Tract Code: Downtown (DT)

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $3,000
Unit Type Total Rent: $3,000
Unit Type Pro Forma: 3250
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $3,000
Unit Type Total Rent: $3,000
Unit Type Pro Forma: 3250
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,920
Unit Type Total Rent: $2,920
Unit Type Pro Forma: 3250
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $3,250
Unit Type Total Rent: $3,250
Unit Type Pro Forma: 3250
Unit Type Type: 4

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $3,395
Unit Type Total Rent: $3,395
Unit Type Pro Forma: 3395
Unit Type Type: 5

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: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,850
Unit Type Total Rent: $1,850
Unit Type Pro Forma: 1850
Unit Type Type: 6

Unit 7

Unit Type Units Total: 1
Unit Type Beds Total: 0

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 1
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,675
Unit Type Total Rent: $1,675
Unit Type Pro Forma: 1675
Unit Type Type: 7

Unit Information

Rent Controlled: No
Number Of Buildings: 3

Number Of Separate Electric Meters: 7
Number Of Separate Gas Meters: 7
Number Of Separate Water Meters: 1

Property History for 1113 Pacific Avenue

Date	Event & Source	Price	Appreciation
Oct 16, 2025	Price Change CLAW #OC25141984MR	$2,798,000	—
Oct 16, 2025	Listed (Active) CLAW #OC25141984MR	$1,999,000	—
Oct 14, 2025	Price Change CLAW #OC25141984MR	$2,995,000	—
Oct 14, 2025	Withdrawn / Cancelled CLAW #OC25141984MR		—
Oct 14, 2025	Price Change CLAW #OC25141984MR	$1,999,000	—
Sep 25, 2025	Price Change CLAW #OC25141984MR	$2,995,000	—
Aug 12, 2025	Price Change CLAW #OC25141984MR	$3,150,000	—
Aug 12, 2025	Price Change CRMLS #OC25141984	$3,150,000	—
Aug 12, 2025	Price Change SDMLS #OC25141984	$3,150,000	—
Jun 27, 2025	Listed (Active) CLAW #OC25141984MR	$1,999,000	—
Jun 27, 2025	Listed (Active) CRMLS #OC25141984	$1,999,000	—
Jun 24, 2025	Listed (Active) SDMLS #OC25141984	$1,999,000	—
Jul 19, 2022	Sold CLAW #22-155515	$1,400,000	—
Jul 19, 2022	Sold CRMLS #22155515	$1,400,000	—
Jul 19, 2022	Sold SDMLS #22-155515	$1,400,000	—
Jun 8, 2022	Pending CRMLS #22155515		—
Jun 8, 2022	Pending SDMLS #22-155515		—
Jun 8, 2022	Pending CLAW #22-155515		—
May 9, 2022	Listed (Active) CRMLS #22155515	$1,400,000	—
May 9, 2022	Listed (Active) CLAW #22-155515	$1,400,000	—
May 9, 2022	Listed (Active) SDMLS #22-155515	$1,400,000	—
Oct 1, 2002	Sold CRMLS #CC211658	$485,000	—
Oct 1, 2002	Sold CRMLS #P301092	$485,000	—
Oct 1, 2002	Sold CLAW #P301092MR	$485,000	—
Jul 26, 2002	Pending CRMLS #P301092		—
Jul 26, 2002	Pending CLAW #P301092MR		—
Jul 19, 2002	Listed (Active) CRMLS #P301092	$485,000	—
Jul 19, 2002	Listed (Active) CLAW #P301092MR	$485,000	—
Jul 19, 2002	Listed (Active) CRMLS #CC211658	$485,000	—
Aug 15, 2001	Sold CRMLS #CC209139	$190,000	—
Aug 15, 2001	Sold CLAW #P232197MR	$190,000	—
Aug 15, 2001	Sold CRMLS #P232197	$190,000	—
Jul 12, 2001	Pending CLAW #P232197MR		—
Jul 12, 2001	Pending CRMLS #P232197		—
Mar 17, 2001	Listed (Active) CLAW #P232197MR	$250,000	—
Mar 17, 2001	Listed (Active) CRMLS #CC209139	$250,000	—
Mar 17, 2001	Listed (Active) CRMLS #P232197	$250,000	—

Date	Event & Source	Price
10/16/2025	Price Change CLAW #OC25141984MR	$2,798,000
10/16/2025	Listed (Active) CLAW #OC25141984MR	$1,999,000
10/14/2025	Price Change CLAW #OC25141984MR	$2,995,000
10/14/2025	Withdrawn / Cancelled CLAW #OC25141984MR	—
10/14/2025	Price Change CLAW #OC25141984MR	$1,999,000
09/25/2025	Price Change CLAW #OC25141984MR	$2,995,000
08/12/2025	Price Change CLAW #OC25141984MR	$3,150,000
08/12/2025	Price Change CRMLS #OC25141984	$3,150,000
08/12/2025	Price Change SDMLS #OC25141984	$3,150,000
06/27/2025	Listed (Active) CLAW #OC25141984MR	$1,999,000
06/27/2025	Listed (Active) CRMLS #OC25141984	$1,999,000
06/24/2025	Listed (Active) SDMLS #OC25141984	$1,999,000
07/19/2022	Sold CLAW #22-155515	$1,400,000
07/19/2022	Sold CRMLS #22155515	$1,400,000
07/19/2022	Sold SDMLS #22-155515	$1,400,000
06/08/2022	Pending CRMLS #22155515	—
06/08/2022	Pending SDMLS #22-155515	—
06/08/2022	Pending CLAW #22-155515	—
05/09/2022	Listed (Active) CRMLS #22155515	$1,400,000
05/09/2022	Listed (Active) CLAW #22-155515	$1,400,000
05/09/2022	Listed (Active) SDMLS #22-155515	$1,400,000
10/01/2002	Sold CRMLS #CC211658	$485,000
10/01/2002	Sold CRMLS #P301092	$485,000
10/01/2002	Sold CLAW #P301092MR	$485,000
07/26/2002	Pending CRMLS #P301092	—
07/26/2002	Pending CLAW #P301092MR	—
07/19/2002	Listed (Active) CRMLS #P301092	$485,000
07/19/2002	Listed (Active) CLAW #P301092MR	$485,000
07/19/2002	Listed (Active) CRMLS #CC211658	$485,000
08/15/2001	Sold CRMLS #CC209139	$190,000
08/15/2001	Sold CLAW #P232197MR	$190,000
08/15/2001	Sold CRMLS #P232197	$190,000
07/12/2001	Pending CLAW #P232197MR	—
07/12/2001	Pending CRMLS #P232197	—
03/17/2001	Listed (Active) CLAW #P232197MR	$250,000
03/17/2001	Listed (Active) CRMLS #CC209139	$250,000
03/17/2001	Listed (Active) CRMLS #P232197	$250,000

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

Public Records for 1113 Pacific Avenue

Taxable ValueLand$867,000Additions$561,000Total$1,428,000

Tax Record2024$18,922 ($1,577 / month)

Home Facts

Total Finished SqFt5,468 SqFtAbove Grade Finished SqFt5,468 SqFtLot Size7,447 SqFtStyleMulti-Family Res (5+ Units)Year Built1907ZoningLBCOCountyLOS ANGELESAPN7272-005-011

Schools near 1113 Pacific Avenue

This home is within Long Beach Unified School District.


Rating	School	Type	Grades	Distance
6/10	International Elementary School	Public - Serves this home	K to 5	0.4 mi
5/10	Washington Middle School	Public - Serves this home	6 to 8	0.3 mi
3/10	Cabrillo High School	Public - Serves this home	9 to 12	1.6 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	International Elementary School PublicK to 5 Serves this home	0.4 mi
5/10	Washington Middle School Public6 to 8 Serves this home	0.3 mi
3/10	Cabrillo High School Public9 to 12 Serves this home	1.6 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 1113 Pacific Avenue, Long Beach, CA 90813

1113 Pacific Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on June 24, 2025 by Pat Swanson, it's currently listed at $2,798,000. It has been on the market for a total of 165 days and was last sold on July 19, 2022. This listing's school district is Long Beach Unified School District. Nearby schools include International Elementary School, Washington Middle School and Cabrillo High School. 1113 Pacific Avenue is a 16-bed, 7-bath, 6,338 sqft multi-family home built in 1907.

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 Pat Swanson, Pat Swanson, DRE #01382974

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.

1113 Pacific AveLong Beach, CA 90813

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More information about 1113 Pacific Avenue, Long Beach, CA 90813

1113 Pacific Ave
Long Beach, CA 90813