For sale
  • Listing Provided by: 

    Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,

    Steven M. Bogoyevac, Broker

    $1,668,000

    2032 Pine Ave, Long Beach, CA 90806

    --beds
    --baths
    4,360sqft
    : 
    Mixed Use
    Built in 1948
    -- sqft lot
    $1,652,300 Zestimate®
    $383/sqft
    $-- HOA

    What's special

    Gated lotTwo-story buildingSingle-story fourplex
    2032 Pine Avenue isan eight-unit multifamily investment property in Long Beach, California. The asset is a 1948 construction on a gated lot and offers a single-story fourplex and a rear two-story building with two units above two brand new ADU’s. The unit mix consists of four one-bed/one-baths, three two-bed/one-baths, and one two-bed/two-bath, and the units are separately metered for gas and electricity. The property also offers on-site laundry. 2032 Pine Avenue is located on the border of the Wrigley and Poly High neighborhoods proximate to retail (WalkScore: 84) and the Metro Blue Line. The area is a dense rental market with consistently low vacancy rates. Current rents offer a new investor 14 percent rental upside. 2032 Pine Avenue is offered for sale as part of a portfolio along with 1151 Pacific Avenue, a fourplex in Long Beach, and 1209 Olive Avenue, a six-unit building also in Long Beach. Properties available separately or together.
    85 days
    on Zillow
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    70
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    3
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