20-Unit Apartment
For Sale
Contact for pricing
Pending
1845 Pine Ave, Long Beach, CA 90806
Secure-access community with updated residences, laundry rooms, parking, and a landscaped courtyard.
Property SizeContact for details
Days on Market147
Property Features for 1845 Pine Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
18 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
20
Additional Details
Gross Rent Multiplier
12.94
Utilities to Site
Yes
Amenities
secure-access building
ample parking
two laundry rooms
community courtyard
Listing Agency:
Stepp Commercial
Listed By:
Robert Stepp · License #CA 01456379
(310) 463-2916
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Aug 31 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stepp Commercial
Investment Insights
Based on property information with market context.
This 20-unit apartment property at 1845-1851 Pine Avenue in Long Beach includes 18 one-bedroom, one-bath residences and two two-bedroom, one-bath residences. Eleven units have been renovated with vinyl plank flooring, custom cabinetry, stainless steel appliances, updated bathroom vanities, and contemporary lighting and fixtures.
Property features include controlled building access, on-site parking, two laundry rooms, new windows, and fresh exterior paint. Separate gas and electric meters serve the units, while a landscaped courtyard provides a defined outdoor common area. The property is located in Long Beach, California, within ZIP code 90806.
Property features include controlled building access, on-site parking, two laundry rooms, new windows, and fresh exterior paint. Separate gas and electric meters serve the units, while a landscaped courtyard provides a defined outdoor common area. The property is located in Long Beach, California, within ZIP code 90806.
Key Highlights
- 20‑unit apartment property at 1845‑1851 Pine Avenue, Long Beach, CA 90806
- 12.94 GRM based on actual rents
- Unit mix includes 18 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences
Property Analytics
Current Use
Lease Details
20
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 90806, CA
41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Secure-access community with updated residences, laundry rooms, parking, and a landscaped courtyard.
Where is this apartment building located?
The property is located at 1845 Pine Ave Long Beach, CA.
What are key features of this property?
This property features: 20‑unit apartment property at 1845‑1851 Pine Avenue, Long Beach, CA 90806; 12.94 GRM based on actual rents; Unit mix includes 18 one‑bedroom/one‑bath and 2 two‑bedroom/one‑bath residences
