2032 Pine Ave Immeuble residentiel 8 lots 1 452 578 € (181 572 €/Lot) Taux de capitalisation 6,76 % Long Beach, CA 90806
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Eight-unit apartment complex with two brand new ADU’s | Mix of four one-bedroom and four two-bedroom units
- 14 Percent rental upside
- Located on the border of the Wrigley and Poly High neighborhoods proximate to retail and the Metro Blue Line
- Property comprises a single-story fourplex and a rear two-story building with two units above two new ADU’s
- Property offers controlled access and on-site laundry
- Offered as part of a Long Beach portfolio sale along with 1151 Pacific Avenue, a fourplex, and 1209 Olive Avenue, a six-unit building
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present to market 2032 Pine Avenue, an 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.
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.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 452 578 € |
| Prix par lot | 181 572 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,76 % |
| Nb de lots | 8 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Classe d’immeuble | C |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 405 m² |
| Nb d’étages | 1 |
| Année de construction | 1948 |
| Zone de développement économique [USA] |
Oui |
| Zonage | R3T |
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
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Walk Score®
Très praticable à pied (84)
Bike Score®
Très praticable en vélo (76)
