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$2,500,000
28 Days On Site

2219 Pine Avenue
Long Beach, CA 90806

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
6,440
SqFt
$388
/SqFt
1948
Built
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Marvin Malone of Amberwood Real Estate, Inc. [email protected]

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2219 Pine Avenue
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Monthly Payment (Est.)

$11,406
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.6%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,440 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.152 Acres
Year Built 
1948
MLS® Number 
PW24201464
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.152
Contingency 
Seller Will Be Doing a 1031 Exchange
Direction Faces 
East
Foundation 
Raised
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
GarageOn SiteOff StreetGarage Faces Rear
Parking Spaces 
6
Property Condition 
Updated/Remodeled
Property Sub Type 
Mixed Use
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6440
Stories 
Two
Style 
Contemporary
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LBR2N
Interior Features
Appliances 
Water Heater
Electric 
220 Volts
Flooring 
CarpetWood
Heating 
Wall Furnace
Laundry Features 
Common AreaWasher HookupGas Dryer HookupLaundry Room
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Exterior Features
Construction Details 
Stucco
Fencing 
Wood
Pool Features 
None
Road Frontage 
AlleyCity Street
Roof 
Composition
Spa Features 
None
Community Features
Building Access 
West
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
5 - Wrigley Area
Roads 
Paved


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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