2 months on rocket

2219 Pine Ave, Long Beach, CA, 90806

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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2219 Pine Ave, Long Beach$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDoor-Single, Garage, On Site, Off Street, Garage Faces Rear
Garage4 spaces
Year Built1948
HeatingWall Furnace
CoolingNone
MLS #PW24201464
Lot Size0.15 Acres
StatusActive

About 2219 Pine Ave

This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.6%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1948
  • Stories: 2

Listing Office:

  • Office Name: Amberwood Real Estate, Inc.
  • Office Phone: (562) 377-2370
  • Listing Agent: Marvin Malone

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Carpet, Wood
  • Interior: Multiple Staircases

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Door-Single, Garage, On Site, Off Street, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: S/Willow & W/Long Beach Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $12,700
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

2219 Pine Ave vs Long Beach

61 DAYS ON ROCKET

+26 Days

$2,500,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24201464

Listing Office:

  • Office Name: Amberwood Real Estate, Inc.
  • Office Phone: (562) 377-2370
  • Listing Agent: Marvin Malone

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 1999Home Sold
$287,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,700$926,884
2020$12,518$916,253
2019$12,134$898,288
2018$12,005$880,675
2017$12,005$863,408

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1932
5
/10

  • Lafayette Elementary School

  • 2445 Chestnut Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-1933
4
/10

  • Smith Elementary School

  • 565 E Hill St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-1934
6
/10

  • Roosevelt Elementary School

  • 1574 Linden Ave

  • 0.84 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,590. The majority of Long Beach, CA residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2219 Pine Ave

What is the listing price of this property?

The listing price of 2219 Pine Ave property is $2,500,000.

What type of property is this?

The property 2219 Pine Ave is a condo located in Long Beach, California, 90806.

Is this property for sale now?

Active Listing: 2219 Pine Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,700 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 1999 for $287,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2219 Pine Ave is 1948.

Rocket Homes›California›Los Angeles County›Long Beach›90806›2219 Pine Ave

This home is located at 2219 Pine Ave in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. This home, which was built in 1948, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $2,500,000.

While more than 66 listings in Long Beach, CA in November 2024 were sold above asking price, there were more than 32 listings sold at asking price, and more than 64 were sold below. The number of listings in Long Beach, CA decreased by 10.6% between October 2024 and November 2024. In November 2024 median list price was $825,128 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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