2032 Pine Ave | Long Beach, CA 90806
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- LoopNet Team
2032 Pine Ave
Long Beach, CA 90806
Build-to-Rent Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Eight-unit apartment complex with two brand new ADU’s | Mix of four one-bedroom and four two-bedroom units
- 14 Percent rental upside
- Located on the border of the Wrigley and Poly High neighborhoods proximate to retail and the Metro Blue Line
- Property comprises a single-story fourplex and a rear two-story building with two units above two new ADU’s
- Property offers controlled access and on-site laundry
- Offered as part of a Long Beach portfolio sale along with 1151 Pacific Avenue, a fourplex, and 1209 Olive Avenue, a six-unit building
PROPERTY FACTS
| No. Units | 8 | Total Plot Size | 0.17 ac |
| Property Type | Build-to-Rent | Property Size | 4,360 sq ft |
| Property Subtype | Apartment | No. Floors | 1 |
| Costar Property Class | C | Year Built | 1948 |
| Use Class | R3T | ||
| No. Units | 8 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | C |
| Total Plot Size | 0.17 ac |
| Property Size | 4,360 sq ft |
| No. Floors | 1 |
| Year Built | 1948 |
| Use Class | R3T |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
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