CA > Long Beach > Wrigley Area
Long Beach, CA 90806,2219 Pine Avenue
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Long Beach, CA 90806,2219 Pine Avenue
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Tina Lucarelli

Tina Lucarelli

+1(310) 738-8089
Listed by Marvin Malone • Amberwood Real Estate, Inc.
$ 2,380,000
Est. payment /mo
Save
Price Dropped by $120K

2219 Pine Avenue Long Beach, CA 90806

6,440 SqFt

UPDATED:

12/29/2024 05:15 AM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,440 sqft

Price per Sqft $369

Subdivision Wrigley Area

MLS Listing ID PW-24201464

Style Contemporary

Year Built 1948

Lot Size 6,623 Sqft

Property 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.

Location

State CA

County Los Angeles

Zoning LBR2N

Interior

Interior Features 2 Staircases

Heating Wall Furnace

Cooling None

Flooring Carpet, Wood

Laundry Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup

Exterior

Parking Features Garage - Single Door, Garage Faces Rear, Off Street, On Site

Garage Spaces 4.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

agent

Tina Lucarelli

Advisor | License ID: 02102354

+1(310) 738-8089

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2219 Pine Avenue