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1850-1854 Pine Ave
Long Beach, CA 90806
Pine Avenue Apartments · Multifamily Property For Sale · 16 Units

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 12,088 SF
No. Stories 2
Year Built 1959
Parking Ratio 0.99/1,000 SF
Zoning RR4R, Long Beach

About 1850-1854 PINE AVE , LONG BEACH, CA 90806

1850-1854 Pine Avenue is a 16-unit investment asset in a rapidly up-and-coming neighborhood in Long Beach priced at 13.19 GRM on actual rents. The property offers (2) three-bedroom/one-bath, (13) one-bedroom/one-bath and (1) studio units. Six 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 12 garages, cheery new paint; new windows; two laundry rooms; separate meters for gas and electric; and landscaped walkways.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,242 538
1+1 13 $1,437 9,750
3+1 2 $2,252 900

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7209-016-012
  • 7209-016-010
Land Assessment
$1,137,826
Improvements Assessment
$1,877,416
Total Assessment
$3,015,242
  • Listing ID: 17101319

  • Date on Market: 9/4/2019

  • Last Updated:

  • Address: 1850-1854 Pine Ave, Long Beach, CA 90806

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