2219 Pine Avenue, Long Beach, CA 90806

  • $2,199,000
2219 Pine Avenue
ResidentialIncome Active
2219 Pine Avenue, Long Beach, CA 90806
2219 Pine Avenue
  • $2,199,000

Overview

Property ID: HZPW24201464
  • Apartment
  • Property Type
  • 0
  • Bathroom
  • 4
  • Garages
  • 1948
  • Year Built

Description

NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.9%. 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.

  • Address Pine
  • City Long Beach
  • State/county Los Angeles
  • Zip/Postal Code 90806
  • Area Wrigley Area (WR)

Details

Updated on June 11, 2025 at 8:07 am
  • Property ID: HZPW24201464
  • Price: $2,199,000
  • Land Area: 0.152 SquareFeet
  • Bathroom: 0
  • Garages: 4
  • Year Built: 1948
  • Property Type: Apartment
  • Property Status: ResidentialIncome
  • Listed by: Marvin Malone
  • DRE #: 01202247
  • Contact Mail: marvinmalone@hotmail.com
  • Brokered by: Amberwood Real Estate, Inc.

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