NOT LISTED FOR SALE

1758 Pine Ave Long Beach, CA 90813

Washington School Neighborhood
8 Beds
5 Baths
3,319 Sq Ft
7,573 Sq Ft Lot

Last Sold July 12, 2019

Last sale price $998,000 $301 Per Sq Ft

35 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Pacific Coast Highway Station
  • Laundry Room
  • Long Beach Polytechnic High School Rated A

About This Home

As of July 2019

100K PRICE DROP!! UNDER 200/ DOOR!!! 5 UNITS BUILT IN 1964! GREAT UNIT MIX CONSISTING OF: 3 - 2BED/ 1 BATH UNITS AND 2- 1 BED/1 BATH UNITS. 5 GARAGES. NEW ROOF. NEW EXTERIOR PAINT. ONSITE LAUNDRY ROOM BRINGS ADDITIONAL INCOME. ALL UNITS ARE ON MONTH-MONTH RENTAL AGREEMENTS. SEPARATELY METERED FOR GAS AND ELECTRIC. SELLER PAYS WATER ONLY. NO SECTION 8. HUGE UPSIDE IN RENTS. LONG TERM TENANTS AND LONG TERM OWNER.

Last Agent to Sell the Property

Kristina Moore

The Moore Group License #01926377 Listed on: 04/25/2019

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,573 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,319 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 5754
  • Assessor Parcel Number 7269010008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Downtown Subdivision

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $63,000
  • Net Operating Income $42,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7269010008
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 300.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7573.00
  • Lot Size Acres: 0.1739

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63000.00
  • Gross Scheduled Income: 63000.00
  • Lot Size Area: 7573.0000 Square Feet
  • Net Operating Income: 42840.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 20160.00
  • Rent Control: No
  • Total Actual Rent: 5250.00

Tax Info

  • Tax Census Tract: 5754.02
  • Tax Lot: 8
  • Tax Tract Number: 5754

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2019 07/12/19 Sold $998,000 0.0% $301 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $998,000 -4.9% $301 / Sq Ft
05/15/2019 05/15/19 Price Changed $1,049,000 0.0% $316 / Sq Ft
05/15/2019 05/15/19 For Sale $1,049,000 +5.1% $316 / Sq Ft
04/25/2019 04/25/19 Off Market $998,000 -- --
04/25/2019 04/25/19 For Sale $1,100,000 +228.4% $331 / Sq Ft
03/13/2012 03/13/12 Sold $335,000 0.0% $101 / Sq Ft View Prior Sale
12/13/2011 12/13/11 Pending -- -- --
12/01/2010 12/01/10 For Sale $335,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristina Moore

    Seller's Agent in 2019

    Kristina Moore

    The Moore Group

    (714) 809-7608

    1 in this area

    26 Total Sales

    Kristina Moore
    Section Image
  • Cody Charnell

    Buyer's Agent in 2019

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    47 Total Sales

    Cody Charnell
    Section Image

  • G

    Seller's Agent in 2012

    Gloria Campa

    Century 21 Allstars

    (323) 855-6002

    22 Total Sales

    Gloria Campa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19091543

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Washington School

1758 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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