1850-1854 Pine Avenue is a 16-unit investment asset in a rapidly up-and-coming neighborhood in Long Beach priced at 12.94 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.