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$1,039,150

  • Sold
  • Closed
  • Multi-Family
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Investors, welcome to 1961-1967 Pine Ave. Come find this charming 4-Unit low-maintenance property, ideal for both new investors and seasoned investors adding to their real estate portfolio. 4 homes, each with 2-bedrooms, 1-bath, patios, separately metered for electricity and gas, allowing tenants to pay their own expenses. Each home is complimented with 1 of the 4 single-car garages. Adorable patio areas. The property is 100% fully rented, housing very long-term tenants. Located in vibrant Wrigley, moments from Blue Line Train, Long Beach Memorial Hospital, and tons of Shopping along Pacific Ave. You're going to love this one.

Full Property Details for 1961 Pine Ave

General

  • Sold For: $1,039,150
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW24119032
  • Added to Site: 623 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Garage Faces Rear
  • Parking: Garage, Garage Faces Rear

Location

  • Area: 5 - Wrigley Area
  • County: Los Angeles
  • Development Name: 5 - Wrigley Area
  • Driving Directions: North of PCH / East of Pacific

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: Entry
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,108
  • Year Built: 1941

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.1548
  • Lot Size Source: Assessor
  • Zoning: LBR4R
  • Lot Description: 0-1 Unit/Acre, Landscaped

Financial Considerations

  • Price Per Sq. Ft.: $334.35
  • Price Per Unit: 275000

Listed by Seven Gables Real Estate, Julio Ayora
Sold by None MRML, NONE NONE

Listing agent

— 1961 Pine Ave —

  • Julio Ayora

    Seven Gables Real Estate

562-394-7000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1961 Pine Ave

School District:Long Beach Unified School District
NameGradesDistance
Robinson Academy
1400 East 20th Street, Long Beach, CA 90806
K-81.1 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1961 Pine Ave

Date
Details
Price
Change
Source
10/31/2024
Sold
$1,039,150
-5.53%
MLS
9/07/2024
Price Reduced
$1,100,000
-15.38%
MLS
6/11/2024
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Seven Gables Real Estate, Julio Ayora
Sold by None MRML, NONE NONE

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1961 Pine Avenue, Long Beach, CA 90806 (MLS# PW24119032) is a Multi-Family property that was sold at $1,039,150 on October 31, 2024. Want to learn more about 1961 Pine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.