2219 Pine Avenue, Long Beach, CA 90806
  • MLS#: PW24201464 ( Multi-Family )
  • Street Address: 2219 Pine Avenue
  • Viewed: 25
  • Price: $2,380,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 130
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90806
  • Subdivision: Wrigley Area (wr)
  • Provided by: Amberwood Real Estate, Inc.
  • Contact: Marvin Marvin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Price just reduced!! 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. 2%. 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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Features
Property Type
  1. Multi-Family
Views
  1. 25