Sq.Ft. Lot7,948
Year1963
The Oriana Shea Group
(562) 270-1775
Status:
Active
Property Type:Duplex
MLS #:PW23165228
On Site:10 Days
Lot Size:7,948 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Maria Abdallah
Office:Casa Verde Realty
INVESTORS....DEVELOPERS...FLIPPERS....!!! This is a fantastic opportunity to own an efficient duplex in the highly desirable Long Beach area. With close proximity to Cal State University Long Beach, Long Beach Memorial Hospital Belmont, and less than (1.0) mile from the Pacific Coast HWY, this location is highly coveted. This is a potentially great opportunity to acquire a highly marketable, with a great upside for income or flip profit. The units offer open floorplans; enter into an open and unified living room, dining area, and kitchen. Very spacious (2) bedrooms and bathroom. removed and private. This property offers substantial green space (Front and Back) and an attached (1) car garage for each unit with a long driveway. If you have been looking to grow your investment portfolio, look no further; this special property offers strong upside and an undeniably attractive location.
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Community Information
Address:3164 Pine Ave, Long Beach, CA 90807
County:Los Angeles
City:Long Beach
Subdivision:Bixby Knolls (Bk)
Zip Code:90807
Architecture
Year Built:1963
Stories:1
Building Area: 1836.0
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 1: 2 Units • 2 Beds • 2 Baths • Unfurnished • $1,800 actual rent • $1,800 total rent • $6,000 pro forma
Roof: Shingle
Garage Spaces: 2.0
Features / Amenities
Laundry: In Kitchen
Entry Level: 1
Entry Location: 1
Common Walls: 1 Common Wall
Parking Features: Driveway, Garage
Parking Total: 2.0
Heating: Natural Gas
Property Features
Lot Size:
0.18 Acres / 7,948 Sq. Ft.
Lot Features: Item25UnitsAcre
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer: Public Sewer
Water: Public
Zoning:LBR1N
Directions:Long Beach Blvd. Turn right onto E 31st. Turn slightly right onto Pine Ave.
Tax and Financial Info
Gross Income: $4,200
Gross Scheduled Income: $1,500
Net Operating Income: $1,500
Insurance Expense: $180
Trash Expense: $200
Terms: Cash, Submit
Tenant Pays: All Utilities
Land Lease: No
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3164 Pine Ave Long Beach, CA 90807
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Based on information from California Regional Multiple Listing Service, Inc. as of September 26, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
