2219 Pine Avenue, Long Beach, CA 90806

  • $2,299,000
  • $22,990,000
2219 Pine Avenue, Long Beach, CA 90806
Active Updated/Remodeled
2219 Pine Avenue, Long Beach, CA 90806
2219 Pine Avenue, Long Beach, CA 90806
  • $2,299,000
  • $22,990,000

Description

PRICE JUST REDUCED!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.2%. 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.

  • Address 2219 Pine Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Area Wrigley Area (WR)
  • Country US

Details

Updated on April 22, 2025 at 10:36 pm
  • Property ID: PW24201464
  • Price: $2,299,000
  • Property Size: 6440 Square Feet
  • Land Area: 0.152 Acres
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 1948
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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