1141 Pine Avenue, Long Beach, CA 90813

1141 Pine Avenue, Long Beach, CA 90813

Long Beach, CA
$1,310,000

Property Description

This 15 Unit mixed use investment property consists of 13 residential units and 2 commercial units. The building is separately metered for gas and electric, has approximately 8,424 rentable Sq. Ft. and situated on a 6,002 Sq. Ft. Lot. This property is located in the great rental market of Long Beach and provides a significant cash-on-cash return from day 1! This deal also has great assumable financing at 3.5% fixed through July of 2018 (assumption is not required to purchase the property). This opportunity will not last long!

Property Features

  • Sale Price: $1,310,000
  • Area Size: 8,424 Sq Ft
  • Land Area: 6,002 Sq Ft
  • Year Built: 1922
  • Listing Date: Jun 30, 2014
  • Closing Date: Nov 26, 2014
  • Units: 15

Lyon Stahl Investment Real Estate

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