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.
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
Est.:
Mixed Use
Built in 1948
-- sqft lot
$1,672,200 Zestimate®
$383/sqft
$-- HOA
What's special
Gated lotTwo-story buildingSingle-story fourplex
- 103 days
- on Zillow |
- 65 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 11:21am
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Source: CRMLS,MLS#: PW25075567
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,360
- Total interior livable area: 4,360 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 7,500 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7209018016
- Zoning: LBR3T
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
- Subdivision: Wrigley Area (Wr)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $383/sqft
- Tax assessed value: $1,123,740
- Annual tax amount: $15,424
- Date on market: 4/7/2025
- Listing terms: Cash,Cash to New Loan
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