1929 Pine Avenue

Long Beach, CA 90806
$1,700,000
Great investment opportunity with fully occupied and upside in rental income. Well maintained 8-units mix of 5 (1/1) and 3(2/1), new exterior paint and security doors, newer roof on both buildings. Most units have been updated with kitchen and bathrooms. Rent rolls and financial statement will beRead MoreRead Less
Property listed by Phan Property Management, Julieanne Lam Phan 714-655-1434
Listing Snapshot
Days Online
23
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1948
MLS Number
OC25084758
Property Location Map
Additional Details
Building
Built in 1948, Building area total: 6,747, Levels: Two, 2 stories, 2 buildings, Common walls: NoCommonWalls
Community
Urban
Cooling
None
Expenses
Operating expense: $50,340
Fireplaces
None
Garage
4 spaces
Heating
WallFurnace
Income
Gross income: $138,180, Net operating income: $87,840
Laundry
CommonArea
Lot
0.1547 acres, 6,738 square feet, Size: 6,738, ZeroToOneUnitAcre
Parking
4 totals parking, DetachedCarport
Pool
None
Property
Zoning: LBR4R, None
Roof
Asphalt
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Spa
None
Tenant Pays
Electricity, Gas
Windows
DoublePaneWindows
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Monthly Payment
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Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.