$2,730,000
939 Pacific, Long Beach CA 90813
Multi-Family (13 Units)
Property type
9 days
On market
$348
Price per sqft
6 cars
Garage
1959
Year built
7,506 sqft
Lot size
Open Houses
Overview
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the...
Listing provided by: Christopher Van Vuuren DRE #02060007 424-220-8960, Lyon Stahl Investment Real Estate, Inc., Cris Molles DRE #01345419, The Realestate Group
Listing updated: May 27, 2026 at 05:49pm.
Last checked: Jun 2, 2026 at 08:30am
Source: CRMLS #SB26114748
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 13 | 1 | 1 | — | $1,710 | $22,230 | $23,335 | Unfurnished |
# of Buildings: 1
# of Units Total: 13
Separate Electric Meters: 13
Separate Gas Meters: 13
Separate Water Meters: 1
Rent Control: No
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
9.9x
List Price / Annual Gross Rent
Cap Rate
6.4%
NOI / List Price
Gross Scheduled Income: $274,680
Vacancy Allowance: $8,003
Operating Expense: $89,617
Net Operating Income: $174,660
Annual Operating Expenses
Electric: $2,748
Fuel: $2,748
Insurance: $10,576
Maintenance: $9,750
New Taxes: $37,189
Professional Management: $13,214
Trash: $2,748
Water / Sewer: $2,748
Interior
Laundry: Common Area
Entry Location: Walk-Up
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7272012009
Additional Parcels: No
Tax Lot: 2
Zoning: LBCO
Tax Block: 10
Subdivision: Willmore District (WM)
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 939 Pacific, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,184,000
Total Interest
$2,785,572
Total Payment
$4,969,572
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,798
per month
Property History for 939 Pacific
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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