$1,668,000
0.17 Acre Lot

2032 Pine Avenue, Long Beach, California 90806

  • Residential Income Property Type
  • 1948 Year Built
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.

Basic Details
Residential Income
For Sale
PW25075567
$1,668,000
1948
0.17 Acre
Active
Mixed Use
Features
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Wrigley Area (WR)
90806
Pine
2032
Avenue
south of willard
5 - Wrigley Area
LBR3T
Additional Information
$0
$0
$0
$0
$0
4360
: Suburban
1
: Rectangular Lot
8
2025-04-07
2
: Public
Broker/Agent Information
Steven M. Bogoyevac, Broker
Steven Bogoyevac
Listing Information
PBOYOSTE
PB13351
Cash,Cash to New Loan
Active
2025-04-07T18:21:34Z
CRMLS
: Standard
2025-04-07T10:28:07Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069