Ten-Unit Apartment Building with
For Sale
Contact for pricing
Pending
2219 Pine Avenue, Long Beach, CA 90806
Ten separately metered units include 1-, 2-, and bonus studio-style layouts, plus single-car garages and on-site parking.
Property SizeContact for details
Days on Market139
Property Features for 2219 Pine Avenue
General Information
Standard status
Pending
Total Parking Spaces
4
Property subtype
Multifamily
Financials
Cap Rate
7.11%
Business Included
Yes
Additional Details
Multifamily Units
10
Listing Agency:
Amberwood Real Estate, Inc.
Listed By:
Marvin Malone · License #01202247
Source:
Crexi
Added: Mar 28
Changed: Aug 8
Last Checked: Aug 12 at 12:40PM
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 Amberwood Real Estate, Inc.
Investment Insights
Based on property information with market context.
This is a 10-unit apartment building with a unit mix of three 2-bedroom/1-bath homes, six 1-bedroom/1-bath units, and one bonus room/studio with 1 bathroom. All units are separately metered for gas and electric, supporting independent utility billing. The property has been well maintained, including a newer roof, four recently remodeled units, and a recently painted exterior.
The building is located in the South Wrigley area of Long Beach, with convenient access to shopping, restaurants, entertainment, and multiple nearby destinations listed in the remarks, including Metro Link and local attractions.
In addition to the rental units, there are four single-car garages and four parking spaces on site, each currently providing additional income opportunities based on the existing configuration described.
The building is located in the South Wrigley area of Long Beach, with convenient access to shopping, restaurants, entertainment, and multiple nearby destinations listed in the remarks, including Metro Link and local attractions.
In addition to the rental units, there are four single-car garages and four parking spaces on site, each currently providing additional income opportunities based on the existing configuration described.
Key Highlights
- 10‑unit apartment building with separately metered gas and electric for all units
- Unit mix: three 2 bed/1 bath, six 1 bed/1 bath, and one bonus room/studio 1 bath
- Four units have been recently remodeled, and the exterior was recently painted
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,974
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten separately metered units include 1-, 2-, and bonus studio-style layouts, plus single-car garages and on-site parking.
Where is this apartment building located?
The property is located at 2219 Pine Avenue Long Beach, CA.
What are key features of this property?
This property features: 10‑unit apartment building with separately metered gas and electric for all units; Unit mix: three 2 bed/1 bath, six 1 bed/1 bath, and one bonus room/studio 1 bath; Four units have been recently remodeled, and the exterior was recently painted
