16-Unit Apartment
For Sale
Contact for pricing
Pending
1850 Pine Ave, Long Beach, CA 90806
Secure-access property with remodeled residences, garages, laundry rooms, and separately metered gas and electric service.
Property SizeContact for details
Days on Market147
Property Features for 1850 Pine Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Stepp Commercial
Listed By:
Robert Stepp · License #CA 01456379
(310) 463-2916
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 7:45AM
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.
Located at 1850 Pine Avenue in Long Beach, this 16-unit apartment property includes a varied residential mix: two three-bedroom, one-bath units, 13 one-bedroom, one-bath units, and one studio. Six residences have been updated with vinyl plank flooring, custom cabinetry, stainless steel appliances, refreshed bathroom vanities, and contemporary lighting and fixtures.
Property improvements include 12 garages, new windows, fresh interior paint, landscaped walkways, and two laundry rooms. Separate gas and electric meters support unit-level utility management, while secure access adds a controlled entry feature. The asset is offered at a 12.94 GRM based on actual rents.
Property improvements include 12 garages, new windows, fresh interior paint, landscaped walkways, and two laundry rooms. Separate gas and electric meters support unit-level utility management, while secure access adds a controlled entry feature. The asset is offered at a 12.94 GRM based on actual rents.
Key Highlights
- 16 units comprising two 3‑bedroom/1‑bath, 13 1‑bedroom/1‑bath, and one studio residences
- Six remodeled units with vinyl plank flooring, custom cabinets, stainless steel appliances, and updated fixtures
- 12 garages and two laundry rooms
Property Analytics
Property Profile
Current Use
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 property with remodeled residences, garages, laundry rooms, and separately metered gas and electric service.
Where is this apartment building located?
The property is located at 1850 Pine Ave Long Beach, CA.
What are key features of this property?
This property features: 16 units comprising two 3‑bedroom/1‑bath, 13 1‑bedroom/1‑bath, and one studio residences; Six remodeled units with vinyl plank flooring, custom cabinets, stainless steel appliances, and updated fixtures; 12 garages and two laundry rooms
