1111 Pine Avenue

Long Beach, CA 90813
Property listed by Marcus & Millichap RE Invest, Tyler Leeson [email protected]
$2,125,000
1111 Pine Avenue is a 12-unit multifamily investment opportunity located in Long Beach, California. Built in 1922, 1111 Pine Avenue features a unit mix of 7 studios and 5 1-bed/1-bath units totaling approximately 6,142 square feet of net rentable area. The property offers a gated central courtyard, on-site laundry facilityRead MoreRead Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1922
MLS Number
OC26199510
Property Location Map
Additional Details
Building
Built in 1922, 1 building, 2 stories, Entry level: 1, Entry location: First level
Community
Curbs, Gutters, StreetLights, Sidewalks
Expenses
Electric: $926, Fuel: $4,360, Insurance: $10,200, Maintenance: $10,200, Operating: $80,529, Trash: $4,360, Water/Sewer: $4,360
Garage
4 spaces
Income
Gross Income: $199,776, Gross ScheduledIncome: $197,064, Net Operating Income: $113,335
Laundry
CommonArea
Lot
0.17 acres, StreetLevel
Parking
4 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7273005038, Tax Block: 4, Lot: 17
Utilities
Water Source: Public, 12 separate electric meters, 12 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.