1883 Pine Avenue Long Beach, CA ^$ 1,500,000

1883 Pine Avenue

^$ 1,500,000

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1883 Pine Avenue

Long Beach, CA, 90806

^$ 1,500,000

Bedrooms4 Baths1.0 Sq 3,582

Monthly Estimate*

^$ 10,478

Listed by GoGo Realtors R.H Corp.

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1883 Pine Avenue, Long Beach, CA 90806 - Image 9

1883 Pine Avenue, Long Beach, CA 90806 - Image 10

1883 Pine Avenue, Long Beach, CA 90806 - Image 11

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1883 Pine Avenue, Long Beach, CA 90806 - Image 13

1883 Pine Avenue, Long Beach, CA 90806 - Image 14

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1883 Pine Avenue, Long Beach, CA 90806 - Image 19

Multi-Family Home for sale in Long Beach, CA

for $1,500,000 with 4 bedrooms and 1 full bath. This 3,582 square foot home was built in 1979 on a lot size of 0.1554.

Located in the desirable Wrigley area of Long Beach, this cute six units apartment building with recently installed new roof consists of 4 units of two bedroom apartment and 2 units of one bedroom apartment. Also included are six garages and lots of off-street parking located on this large lot. This property is ideal for an owner user looking to generate income or a straight up investor. Don't miss out on this opportunity. Come see! Positive cash flow!!

Multi-Family Pending

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1554

Year Built

1979

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

TR24047549

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Roof Shingle

Zoning LBR4R

Garage Spaces 6.0

Pool Features None

Construction Materials Stucco

Year Built 1979

View None

Stories 2

Levels Two

Property SubType Apartment

Gross Income 91800.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 61804.0

Operating Expense 29996.0

Insurance Expense 7510.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Wrigley Area (WR)

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions Cross Streets: Pine and PCH

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area 5 - Wrigley Area

Lot Size Square Feet 6768.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 6

Street Name Pine

Listing Terms Cash CashtoNewLoan

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 180.0

Home Warranty Y/N N

Property Condition Fixer

Trash Expense 1200.0

Water Sewer Expense 3000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 30

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 30

Total Actual Rent 91800.0

Property Sub Type Additional Apartment

Taxes 8886.0

Cap Rate 4.12

Interior

Flooring Carpet Tile

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 6.0

Lot Size Area 6768.0

Number of Buildings 1

Spa N

Building Area Total 3582.0

Lot Size Acres 0.1554

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1883

* Excluded Features

List By

Gogo Realtors R.H Corp.

Broker

(909) 967-3151

Phone

Affordability Calculator

$10,478

Per Month

Monthly Principal & Interest: $10,478
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 39%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2024	$1,500,000		Listed Price

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1883 Pine Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,500,000 with 3,582 sqft and a lot size of 0.1554. 1883 Pine Avenue has 4 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1883 Pine Avenue

Multi-Family Home for sale in Long Beach, CA

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