2219 Pine Avenue, Long Beach, CA 90806 - Berkshire Hathaway HomeServices California Properties

2219 Pine Avenue, Long Beach, CA 90806

$2,199,000 Approx. USD 0 beds, 0 baths

Listing Agent


Marvin Malone | marvinmalone@hotmail.com
Lic#: 01202247
Broker: Courtesy of Amberwood Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW24201464
List price is $2,199,000 Reduced by $100,000 on 6/11/2025
Price: $2,199,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1948
2 stories
0.15 acres
Lot size: 0.1520
Subdivision: Wrigley Area (WR)
County: Los Angeles
Property style: Contemporary
Zoning: LBR2N
Construction: Stucco
Interior features: Multiple Staircases
Appliances: Water Heater
Parking description: Door-Single,Garage,On Site,Off Street,Garage Faces Rear
Lot description: SixToTenUnitsAcre
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 5 - Wrigley Area

Last Updated: 6/11/2025

 Days On Market (DOM): 275

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This listing belongs to the 5 - Wrigley Area MLS area

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The style of this listing is Contemporary.
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Lat/Long: 33.797532, -118.192590.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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