2219 Pine Ave

Long Beach, CA 90806
  • $2,199,000

    Price
  • 9

    Bed
  • 6

    Bath
  • 6,440

    SqFt

About the Listing PB14013 - ZMALOMAR

NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. The Owner Has Owned this Property for over 25 Years and has Maintain and Kept up with all the Maintenances. Located in the South Wrigley Area with a Market Cap Rate of 7.11%. 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.

Listing Highlights for 2219 Pine Ave

Status Active
Days on Site 324
Property Type Multi-Family
MLS ® PW24201464
Year Built 1948
Total Square Footage 6,440
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances: Water Heater
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: 2 Staircases
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 6
  • Zoning: LBR2N
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage Faces Rear,Garage - Single Door,Off Street,On Site

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7205020028
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

2219 Pine Ave Long Beach, CA 90806

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Originating MLS: CA_CRISNET

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