1557 Pine Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 4,952 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1920/2012 |
| Building Class | C | Parking Ratio | 0.8/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LBR4R - Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,952 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2012 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | LBR4R - Residential |
About 1557 PINE AVE , LONG BEACH, CA 90813
Marcus & Millichap is pleased to present 1557 Pine Avenue, a six-unit apartment property in Long Beach, California. The property is located in Long Beach’s Washington neighborhood just south of Pacific Coast Highway and conveniently near the Metro Blue Line and the 710 Freeway. 1557 Pine Avenue consists of three buildings: a fourplex, a freestanding house, and a rear building with a single unit above four single-car garages. The front fourplex offers two one-bed/one-bath and two two-bed/one-bath units that are all 924 square feet, and the freestanding house is a 970-square foot unit with two bedrooms and one and one-half baths. All of the units are separately metered for gas and electricity. With a solid unit mix in a strong rental market, 1557 Pine Avenue presents an excellent opportunity for an investor to add value and capture substantial potential upside in rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
Property Taxes
| Parcel Number | 7269-007-011 | Improvements Assessment | $702,774 |
| Land Assessment | $669,309 | Total Assessment | $1,372,083 |
Property Taxes
