1962 Pine Avenue, Long Beach, CA 90806

FOR SALE
  • $699,900
  • 137 Days on site
  • Est: $2,593/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Multi-Family Home
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Description

Spectacular large 2 story, Spanish style Duplex with a huge back yard (6700+ SqFt lot), in the popular historic Wrigley neighborhood. Zoned for 4 UNITS - build and create equity. NO RENT CONTROL. Parking for up to 9 cars! : 2 car garage, 4 cars in front driveway, 3 cars in the alley. Units are in good condition and the property is low maintenance. Each unit has 3 Bedrooms / 1 Bathroom, open Living room, Dining room and breakfast nook. Both units have front and rear entry door. Upper unit has a balcony off Master Bedroom, lower unit has a front porch. Beautiful landscaped backyard with a storage. Building is bolted to foundation for earthquake protection. Both units are rented month to month. Great tenants, they have been living in the building for over 8 years (solid cash flow for an investor or owner). Upper unit rents for $1645, lower unit rents for $1675 (rents have not been raised in 8 years and are substantially below the market). Garages are not included in rent paid (owner uses them personally), each garage can rent for $200-$300 additional. Each unit has a full-size washer and dryer room. Separate gas and electrical meters (paid by tenants). Owner pays water and gardener only.

  • MLS ID# PW16160474
  • Year Built: 1936
  • 137 Days on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Architecture
Spanish
Lot Size
Approximately 6534 Square Feet
Parking
Parking Space (18)
Assessed Taxable Amount
$456,387
Tax Amount
$5,403
Last Transaction Date
10/23/2003
Last Transaction Purchase Price
$380,000
Property Type
Duplex
Bedrooms
4
Bathrooms
2
Home Size (Sqft)
2,417
Lot Size (Sqft)
6,740
Lot Size (Acres)
0.15
Units
2
Cooling System
Yes

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
43,088
Median Household Income
$36,496
Median Years In Residence
8
Median Homeowner Age
27
Households with Children
67.32%
Percent of Homes Rented
61.33%

Nearby Elementary Schools

1637 Long Beach Blvd
565 E Hill St
2445 Chestnut Ave

Nearby Middle Schools

1637 Long Beach Blvd
1450 Cedar Ave
490 W 14th St

Nearby High Schools

1794 Cedar Ave
1600 Atlantic Ave
490 W 14th St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

(562) 494-4600
Listing Agent: Vlad Rodov

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