See Home Value
$2,249,780*
Multifamily - Off Market

2009 PINE AVE

LONG BEACH, CA 90806
bedrooms
Studio
bathrooms
0 Bath
square feet
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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
20200312
03/12/2020
Studio
-
6148 ft²
$2,049,000
bedrooms
Studio
bathrooms
-
square feet
6148 ft²
-
-
-
-

Building Info

2009 Pine Avenue 2009 Pine Avenue, Long Beach, CA 90806
More about this Building
2009 Pine Avenue
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About Southeast Wrigley


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