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$2,500,000

Beds
Unknown
sq ft
Unknown

2219 Pine Ave, Long Beach, CA 90806

2219 Pine Ave

Long Beach, CA 90806

  • 35 days on market
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.

Details

Property type

Mixed Use

Property condition

Updated/Remodeled

Lot size

6,623 sq ft

Price per sq ft

Unknown

Year built

1948

HOA

No

Price History

10/17/2024
CRMLS

CRMLS #PW24201464

Listed
$2,500,000

Schools & Community

Neighborhood: 

Wrigley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Status: Active

Tomo last checked: 11/21/2024 at 3:00 PM

Listing updated: 10/28/2024 at 8:04 PM

Listed by: Marvin Malone, Amberwood Real Estate, Inc. Phone #: (562) 799-2388

MLS: CRMLS #PW24201464

CRMLS logo

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