33.79102 -118.19274

1845 1851 Pine Avenue Long Beach, CA 90806

260421140 33.79102 -118.19274 124 /listing/260421140-150190256/1845-1851-pine-avenue-long-beach-ca-90806 False 0 4825000.0 105 PW20010615 False
  • $4,825,000
  • 13,500 lot
  • Est payment $25901.64/mo

Property & Neighborhood Info

Courtesy Of Robert Stepp, Keller Williams Pacific Estate

Multi-Family in Long Beach

Pine Crest Apartments at 1845-1851 Pine Avenue is a 20-unit investment asset in a rapidly up-and-coming neighborhood in Long Beach priced at 12.82 GRM on actual rents. The property offers (18) one-bedroom/one-bath and (2) two- bedroom/one-bath units. Eleven 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 ample parking; cheery new paint; new windows; two laundry rooms; separate meters for gas and electric; and a lushly landscaped community courtyard.

Courtesy Of Robert Stepp, Keller Williams Pacific Estate
  1. 13,500 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1959
  • Garage: 14.0
  • County: Los Angeles County
  • Units: 20
  • Zoning: LBR4R
  • Subdivision: Wrigley Area (Wr)
  • MLS Number:PW20010615

Additional Features

  • Laundry:
    • Individual Room
  • Common Walls:
    • 2+ common walls
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 16-20 Units/Acre
  • Pool Features:
    • None
  • Parking:
    • Garage
    • Tandem Uncovered
  • Parking Spaces:
    • 20.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Sidewalks
    • Urban
  • Number of Buildings:
    • 2
  • Gross Income:
    • 357875.00
  • Net Operating Income:
    • 246672.00
  • CDOM:
    • 88
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 2874.70
  • Insurance Expense:
    • 5915.00
  • Listing Key:
    • 363909369
  • Lot Size Acres:
    • 0.3099
  • Lot Size Square Feet:
    • 13500.00
  • Maintenance Exp:
    • 10000.00
  • Operating Expense:
    • 111203.00
  • Price Per SQFT:
    • 367.09
  • Tax ID:
    • 7209021033
  • Total Expenses:
    • 111203.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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First American Team Realty Inc
First American Team Realty Inc
(562) 427-7765
2501 Cherry Ave., Suite 100 Signal Hill CA 90755
no name available First American Team Realty Inc
33.79102 -118.19274

1845 1851 Pine Avenue Long Beach, CA 90806

260421140 33.79102 -118.19274 124 /listing/260421140-150190256/1845-1851-pine-avenue-long-beach-ca-90806 False 0 4825000.0 105 PW20010615 False
  • $4,825,000
  • 13,500 lot
  • Est payment $25901.64/mo