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1952 Pine Ave
Long Beach, CA 90806 Wrigley

$1,565,000 USD

Apartments For Sale  •  5,490 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,490 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1940
  • Zoning R4R, Long Beach
60 Transit Score
60 Walk Score

Highlights

Priced with very high in-place cash flow at close with actual rents resulting in an 8.81X GRM and 7.3% cap rate
Located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway
Available for sale with neighboring property, 1958 Pine.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Microwave
  • Tenant Controlled HVAC
  • Gated
  • Heating
  • Freezer
  • Individual Locking Bedrooms
  • Smoke Detector

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 3.8 mi
Los Angeles International 29 min - 20.1 mi
John Wayne/Orange County 32 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Malcolm Zeger 310-982-7055 Buckingham Investments
Malcolm Zeger 310-982-7055 Buckingham Investments