Long Beach, CA 90806,2219 Pine Avenue
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Long Beach, CA 90806,2219 Pine Avenue
Long Beach, CA 90806,2219 Pine Avenue
Long Beach, CA 90806,2219 Pine Avenue
Long Beach, CA 90806,2219 Pine Avenue
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Listed by Marvin Malone • Amberwood Real Estate, Inc.
$ 2,199,000
Est. payment /mo
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Active

2219 Pine Avenue Long Beach, CA 90806

6,440 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,440 sqft

Price per Sqft $341

MLS Listing ID CRPW24201464

HOA Y/N No

Year Built 1948

Lot Size 6,623 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. The Owner Has Owned this Property for over 25 Years and has Maintain and Kept up with all the Maintenances. Located in the South Wrigley Area with a Market Cap Rate of 7.11%. 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

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Wood

Fireplace No

Laundry Laundry Room, Other


Bay East AOR and Contra Costa AOR
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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