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Off Market
1/14

1850-1854 Pine Ave
Long Beach, CA 90806


HIGHLIGHTS


OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Pine Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

12088

STORIES

2

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

7209-016-010,7209-016-012