1141 Pine Avenue, Long Beach, CA 90813

About this property

This 15 Unit mixed use investment property consists of 13 residential units and 2 commercial units. The building is separately metered for gas and electric, has approximately 8,424 rentable Sq. Ft. and situated on a 6,002 Sq. Ft. Lot. This property is located in the great rental market of Long Beach and provides a significant cash-on-cash return from day 1! This deal also has great assumable financing at 3.5% fixed through July of 2018 (assumption is not required to purchase the property). This opportunity will not last long!

Listing description from the November 2014 sale, as reported to CRMLS.

Sale history

$1,310,000

Sold November 2014 · listed $1,325,000, orig. $1,375,000, on market June 2014 · MLS #SB14137277 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Brett Lyon · Keller Williams Beach Cities

$1,205,000

Sold July 2013 · listed $1,150,000, on market March 2013 · MLS #PW13050968 · Source: CRMLS

Listing Agent: Brian Shanedling · Listing Office: Principal Alliance · Contact: 562-735-3064 · Bought with: Brian Shanedling · Principal Alliance

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