2032 Pine Avenue, Long Beach, CA 90806

• 4,360 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 7, 2025 at 05:00AM

Listing Office:

Steven M. Bogoyevac, Broker : 562-436-5800

Listing Agent:

Steven Bogoyevac : 562-257-1231

MLS ID:

CRPW25075567

Interior

• Laundry: Common Area

Location

• County: Los Angeles

Lot

• Zoning: LBR37209018016

This listing courtesy of Steven Bogoyevac, Steven M. Bogoyevac, Broker