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$3,000,000

939 Pacific Ave Long Beach, CA 90813

0.2 acres
Condo

Property details

About 939 Pacific Ave

We are pleased to present 939 Pacific Avenue, a fully 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 K-9 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 Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units, each averaging approximately 600 square feet. All units were fully remodeled by the previous owner in 2018–2019 with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, updated electrical, and new flooring. Exterior improvements during the same period included new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. In 2023, the current owner repaired or replaced all HVAC units as needed and upgraded the main electrical panel—demonstrating pride of ownership and a commitment to ongoing maintenance. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages, two of which are currently not in use and may be rented for additional income or potentially converted to ADUs (buyer to verify). One unit is currently move-in ready, offering immediate upside through lease-up at market rent. Priced at a 5.5% cap rate with over 11% rental upside, 939 Pacific Avenue offers investors a well-maintained, turn-key asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

Highlights

Home typeCondominium
StatusActive
Lot size0.1723 Acres
Year built1959
MLS #SB25149498
Garage6 spaces

Summary

  • Garage Space: 6 spaces
  • Private Pool: No
  • List Price: $3,000,000
  • Annual Tax Amount: $47,267
  • Tax Year: 2024
  • Directions: Pacific Ave and W 9th St
  • Year Built: 1959
  • Stories: 2
  • Lot Size: 0.1723 Acres
  • MLS Number: SB25149498
  • MLS Name: CRMLS
  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (714) 655-0098
  • Listing Agent: Christopher Van Vuuren

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 18, 2019
Home Sold
$3,375,000
Aug 08, 2017
Home Sold
$2,025,000

Tax history

YearAssessmentProperty Tax
2024$3,620,037$47,267
2023$3,549,084$46,462
2022$3,479,522$43,598
2021$3,411,324$42,725

History based on county public records data.

Nearby schools

5

Oropeza Elementary School

Public District KG-5

0.3 mi

700 Locust Ave

6

Edison Elementary School

Public District KG-5

0.5 mi

625 Maine Ave

5

Robert Louis Stevenson Elementary School

Public District KG-5

0.7 mi

515 Lime Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,321. The majority of Long Beach, CA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

54%
<35k
40%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
10%
Single, with Kids
14%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 939 Pacific Ave

The listing price of 939 Pacific Ave property is $3,000,000.

The property 939 Pacific Ave is a condo located in Long Beach, California, 90813.

Active Listing: 939 Pacific Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 939 Pacific Ave are: Oropeza Elementary School (GreatSchools Rating 5/10), Edison Elementary School (GreatSchools Rating 6/10), Robert Louis Stevenson Elementary School (GreatSchools Rating 5/10), Washington Middle School (GreatSchools Rating 3/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Intellectual Virtues Academy (GreatSchools Rating 5/10), Educational Partnership High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $47,267 (source: MLS/based on county public records data).

The last sale was on October 18, 2019 for $3,375,000 (source: MLS/tax record).

The property at 939 Pacific Ave has 0 bathroom.

The year of construction for 939 Pacific Ave is 1959.

This home is located at 939 Pacific Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $3,000,000.

In June 2025 more than 73 listings in Long Beach, CA were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 90 were sold below. The inventory of homes for sale in Long Beach, CA between May and June 2025 increased by 4.8%. The median list price of listings available in June 2025 was $836,224, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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