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Map
$2,249,780*
●
Multifamily -
Off Market
2009 PINE AVE
LONG BEACH, CA 90806
Studio
0 Bath
6148 Sqft
$1,800,000 - $2,198,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This 9 unit building offers an investor the opportunity to acquire
a great asset in the highly desirable Wrigley area of Long Beach.
Proforma 5.7% CAP. The property is comprised of two buildings
with different APN numbers situated on one lot encompassing a gross
area of approximately 7,449 square feet. There are 8 one bedroom
units averaging 650 Sq Ft and 1 two bedroom/two bathroom town home
unit.The exterior of the building as well as all of the unit
interiors have been remodeled. The exterior has received all
new paint and landscaping and the interiors have been upgraded with
new counter tops, fixtures, flooring and paint. Updated
electric and mostly copper plumbing throughout (Buyer to verify),
including 8 new water heaters. There are also 4 garages
onsite (3 are rented for $300 total) and there is a beautifully
landscaped garden style courtyard. A 5 year fixed at 3.6% with 3
years of I/O at 30% down may be available. EMAIL LISTING AGENT FOR
MORE INFO AND A RENT ROLL.
Unit Size
6,148Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$325
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1931
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Oct 9, 2020 | Sold | $1,950,000 | |
Sold | |||
Aug 20, 2020 | In contract | - | |
In contract | |||
Jul 1, 2020 | Price Decreased |
$1,999,000
↓ $50K
(2.4%)
|
|
Price Decreased | |||
Mar 12, 2020 | Listed | $2,049,000 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
12
Beds
4
Baths
4,158 ft²
$469/ft²
$1,950,000
Sep 22, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/12/2020
|
|
Studio
|
-
|
6148 ft²
|
$2,049,000
Studio
-
6148 ft²
|
-
-
|
-
|
-
|