CA > Long Beach > Wrigley Area (Wr)
Long Beach, CA 90806,2032 Pine AVE
Long Beach, CA 90806,2032 Pine AVE
Long Beach, CA 90806,2032 Pine AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

The Warburton Team

+1(626) 630-2141
$1,668,000
Est. payment /mo
7,501 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID PW25075567

HOA Y/N No

Year Built 1948

Lot Size 7,501 Sqft

Property Sub-Type Mixed Use

Property Description

2032 Pine Avenue isan eight-unit multifamily investment property in Long Beach, California. The asset is a 1948 construction on a gated lot and offers a single-story fourplex and a rear two-story building with two units above two brand new ADU's. The unit mix consists of four one-bed/one-baths, three two-bed/one-baths, and one two-bed/two-bath, and the units are separately metered for gas and electricity. The property also offers on-site laundry.

2032 Pine Avenue is located on the border of the Wrigley and Poly High neighborhoods proximate to retail (WalkScore: 84) and the Metro Blue Line. The area is a dense rental market with consistently low vacancy rates.

Current rents offer a new investor 14 percent rental upside.

2032 Pine Avenue is offered for sale as part of a portfolio along with 1151 Pacific Avenue, a fourplex in Long Beach, and 1209 Olive Avenue, a six-unit building also in Long Beach. Properties available separately or together.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR3T

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7209018016

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com

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