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1845-1851 Pine Ave
Long Beach, CA 90806
Pine Crest Apartments · Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Building Size | 13,144 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RR4R, Long Beach | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 13,144 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | RR4R, Long Beach |
About 1845-1851 PINE AVE , LONG BEACH, CA 90806
Pine Crest Apartments at 1845-1851 Pine Avenue is a 20-unit investment asset in a rapidly up-and-coming neighborhood in Long Beach priced at 13.15 GRM on actual rents. The property offers (2) one-bedroom/one-bath and (18) two-bedroom/one-bath units. Eleven of the units are completely remodeled with vinyl plank flooring, custom cabinets, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The secure-access building also features six garages and eight surface spaces, for a total of 14 parking spaces; cheery new paint; new windows; two laundry rooms; separate meters for gas and electric; and a lushly landscaped community courtyard.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,535 | 650 |
| 2+1 | 2 | $1,728 | 722 - 850 |
Property Taxes
| Parcel Number | 7209-021-033 | Improvements Assessment | $2,702,343 |
| Land Assessment | $1,137,827 | Total Assessment | $3,840,170 |
Property Taxes
Parcel Number
7209-021-033
Land Assessment
$1,137,827
Improvements Assessment
$2,702,343
Total Assessment
$3,840,170
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