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939 Pacific Avenue

Updated Sep 4, 2026

Bilt advertisement
Luke Curran, Edgar De La Torre & Jake Douglas Purchase Multifamily Asset In Long Beach For $2.705M
SOLDMultiFamily

Luke Curran, Edgar De La Torre & Jake Douglas Purchase Multifamily Asset In Long Beach For $2.705M

939 Pacific Avenue

$2,705,000

$345/SF

Building Size

7,836 SF

Asset Type

MultiFamily

Closing

Sep 1, 2026

About this deal

AI

The property asset located at 939 Pacific Avenue in Long Beach is a multifamily unit with a total sale price of $2,705,000. It includes 13 units and spans 7,836 square feet, resulting in a price per unit of $208,076 and a price per square foot of $345.

Summary of transaction details:

The transaction was facilitated by broker Chris Van Vuuren, representing the seller Mark Slater. The involvement of Luke Curran, Edgar De La Torre, and Jake Douglas as buyers highlights the active investment interest in the Long Beach multifamily market.

Players

Chris Van Vuuren

Broker

$9.4M

vol

4 deals

Broker

Luke Curran

Buyer

$2.7M

vol

1 deal

Buyer

Mark Slater

Seller

$2.7M

vol

1 deal

Seller

Long Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $345 per square foot on a published $2.7M for 7,836 square feet (2026).

Visit Chris Van Vuuren to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.86%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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