2032 Pine Avenue
Long Beach, CA, 90806
$1,668,000
Beds
0 Baths
SqFt
0.17 Acres
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2032 Pine Avenue isan eight-unit multifamily investment property in Long Beach, California. The asset is a 1948 construction on a gated lot and offers a single-story fourplex and a rear two-story building with two units above two brand new ADU’s. The unit mix consists of four one-bed/one-baths, three two-bed/one-baths, and one two-bed/two-bath, and the units are separately metered for gas and electricity. The property also offers on-site laundry.

2032 Pine Avenue is located on the border of the Wrigley and Poly High neighborhoods proximate to retail (WalkScore: 84) and the Metro Blue Line. The area is a dense rental market with consistently low vacancy rates.

Current rents offer a new investor 14 percent rental upside.

2032 Pine Avenue is offered for sale as part of a portfolio along with 1151 Pacific Avenue, a fourplex in Long Beach, and 1209 Olive Avenue, a six-unit building also in Long Beach. Properties available separately or together.

Property Details

Price:
$1,668,000
MLS #:
PW25075567
Status:
Active
Baths:
0
Address:
2032 Pine Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
Apr 7, 2025
State:
CA
ZIP:
90806
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1948
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Rectangular Lot
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2032 Pine Avenue
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