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Sold for $1,039,150 on 10/31/24
    • Listing Provided by: 

    Julio Ayora DRE #01274567 562-394-7000,

    Seven Gables Real Estate

    $1,039,150

    1961 Pine Ave, Long Beach, CA 90806

    --beds
    --baths
    3,108sqft
    Quadruplex
    Built in 1941
    -- sqft lot
    $1,203,300 Zestimate®
    $334/sqft
    $3,762 Estimated rent

    What's special

    Investors, welcome to 1961-1967 Pine Ave. Come find this charming 4-Unit low-maintenance property, ideal for both new investors and seasoned investors adding to their real estate portfolio. 4 homes, each with 2-bedrooms, 1-bath, patios, separately metered for electricity and gas, allowing tenants to pay their own expenses. Each home is complimented with 1 of the 4 single-car garages. Adorable patio areas. The property is 100% fully rented, housing very long-term tenants. Located in vibrant Wrigley, moments from Blue Line Train, Long Beach Memorial Hospital, and tons of Shopping along Pacific Ave. You’re going to love this one.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 05:58pm

    Listing Provided by:

    Julio Ayora DRE #01274567 562-394-7000,

    Seven Gables Real Estate

    Bought with:

    NONE NONE, DRE #N/A

    None MRML

    Source: CRMLS,MLS#: PW24119032MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,108
    • Total interior livable area: 3,108 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Garage Faces Rear
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,741 sqft
    • Features: 0-1 Unit/Acre, Landscaped
    Details
    • Parcel number: 7209020007
    • Zoning: LBR4R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights, Suburban, Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Wrigley Area (Wr)

    HOA & financial

    Other financial information
    • Total actual rent: 73200

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,Owner May Carry
    Services availability
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    Estimated market value

    $1,203,300

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