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Added 9 months ago

$2,199,000

2219 Pine Ave, Long Beach, CA

Condo

For Sale

Listed price in listed location currency (USD).
$2,199,000

Added 9 months ago

00-6
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 271
Approx. Age 1948
MLS® Number PW24201464

Property Address: 2219 Pine Ave, Long Beach, California

Average square foot calculated using Size range provided by listing agent.

Description

NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.9%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.
MLS® NumberPW24201464
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Exposure
Exterior
GarageYes
Approx. Age1948
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/CNone
Heating Fuel

Extras

2219 Pine Ave, Long Beach, CA

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