2219 Pine Avenue, Long Beach, CA, US, 90806
2219 Pine Avenue, Long Beach, CA, US, 90806Basics
- Date added: Added 2週間 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2, 2
- Lot size: 6623, 6623 sq ft
- Year built: 1948
- Property Condition: UpdatedRemodeled
- Subdivision Name: Wrigley Area (WR)
- Zoning: LBR2N
- County: Los Angeles
- MLS ID: PW24201464
Description
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Description:
PRICE JUST REDUCED!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.2%. 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.
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Location
- Directions: S/Willow & W/Long Beach Blvd
- Lot Size Acres: 0.152 acres
Building Details
- Water Source: Public
- Architectural Style: Contemporary
- Lot Features: SixToTenUnitsAcre
- Open Parking Spaces: 2
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: OneCommonWall
- Construction Materials: Stucco
- Fencing: Wood
- Foundation Details: Raised
- Garage Spaces: 4
- Levels: Two
- Number Of Buildings: 1
- Floor covering: Carpet, Wood
Amenities & Features
- Pool Features: None
- Parking Features: DoorSingle,Garage,OnSite,OffStreet,GarageFacesRear
- Security Features: CarbonMonoxideDetectors,SmokeDetectors
- Spa Features: None
- Parking Total: 6
- Roof: Composition
- Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
- Cooling: None
- Electric: Volts220
- Heating: WallFurnace
- Interior Features: MultipleStaircases
- Laundry Features: CommonArea,WasherHookup,GasDryerHookup,LaundryRoom
- Appliances: WaterHeater
Expenses, Fees & Taxes
- Trash Expense: 0
- New Taxes Expense: $17,599
- Association Fee: 0
- Maintenance Expense: $7,000
- Other Expense: $275
- Electric Expense: $360
- Fuel Expense: 0
- Insurance Expense: $7,500
- Licenses Expense: $450
- Water Sewer Expense: $4,500
Miscellaneous
- List Office Name: Amberwood Real Estate, Inc.
- Listing Terms: Cash,Conventional,Exchange1031
- Common Interest: None
- Community Features: Curbs,StreetLights,Sidewalks
- Direction Faces: East
- Attribution Contact: 562-377-2370