- 7 Beds
- 4 Baths
- .15 Acres
- 259 DOM
2219 Pine Avenue
NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.9%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.
Essential Information
- MLS® #PW24201464
- Price$2,199,000
- Bedrooms7
- Bathrooms4.00
- Acres0.15
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address2219 Pine Avenue
- AreaLONG BEACH (90806)
- SubdivisionSouth
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90806
Amenities
- PoolN/K
Interior
- CoolingN/K
- FireplaceYes
- Stories2 Story
Exterior
- Lot DescriptionCurbs,Sidewalks
- RoofComposition
- ConstructionStucco
Additional Information
- Date ListedOctober 17th, 2024
- Days on Market259
- ZoningAssessor
Listing Details
- OfficeAmberwood Real Estate, Inc.
Amberwood Real Estate, Inc..
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Listing information last updated on July 21st, 2025 at 9:24am PDT.