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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
    $1,672,200 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.
    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#: PW25075567MLS LogoOriginating MLS: California Regional MLS
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    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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