• 2032 Pine Avenue, Long Beach CA: https://media.crmls.org/medias/b36177db-4d5c-4af2-bb5b-aaaa9e12cdd7.jpg
  • 2032 Pine Avenue, Long Beach CA: https://media.crmls.org/medias/3b7704ab-ec8b-4a89-b003-98e7d94f09fa.jpg
  • 2032 Pine Avenue, Long Beach CA: https://media.crmls.org/medias/ecb149e9-1130-40d5-bc78-dc88f6b5723f.jpg
  • 2032 Pine Avenue, Long Beach CA: https://media.crmls.org/medias/839549bb-7413-4ded-852d-dcc4afb85136.jpg

2032 Pine Avenue, Long Beach, CA 90806

| 4,360 SQ/FT

Offered at $1,668,000

2032 Pine Avenue isan eight-unit multifamily investment property in Long Beach, California. The asset is a 1948 construction on a gated lot and offers a single-story fourplex and a rear two-story building with two units above two brand new ADU’s. The unit mix consists of four one-bed/one-baths, three two-bed/one-baths, and one two-bed/two-bath, and the units are separately metered for gas and electricity. The property also offers on-site laundry. 2032 Pine Avenue is located on the border of the Wrigley and Poly High neighborhoods proximate to retail (WalkScore: 84) and the Metro Blue Line. The area is a dense rental market with consistently low vacancy rates. Current rents offer a new investor 14 percent rental upside. 2032 Pine Avenue is offered for sale as part of a portfolio along with 1151 Pacific Avenue, a fourplex in Long Beach, and 1209 Olive Avenue, a six-unit building also in Long Beach. Properties available separately or together.