2032 Pine Avenue Long Beach, CA ^$ 1,668,000

2032 Pine Avenue

^$ 1,668,000

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2032 Pine Avenue

Long Beach, CA, 90806

^$ 1,668,000

Studio Baths1.0 Sq 4,360

Monthly Estimate*

^$ 10,406

Listed by Steven M. Bogoyevac, Broker

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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,668,000 with 1 full bath. This 4,360 square foot home was built in 1948 on a lot size of 0.1722.

2032 Pine Avenue isan eight-unit multifamily investment property in Long Beach, California. The asset is a 1948 construction on a gated lot and offers a single-story fourplex and a rear two-story building with two units above two brand new ADU’s. The unit mix consists of four one-bed/one-baths, three two-bed/one-baths, and one two-bed/two-bath, and the units are separately metered for gas and electricity. The property also offers on-site laundry. 2032 Pine Avenue is located on the border of the Wrigley and Poly High neighborhoods proximate to retail (WalkScore: 84) and the Metro Blue Line. The area is a dense rental market with consistently low vacancy rates. Current rents offer a new investor 14 percent rental upside. 2032 Pine Avenue is offered for sale as part of a portfolio along with 1151 Pacific Avenue, a fourplex in Long Beach, and 1209 Olive Avenue, a six-unit building also in Long Beach. Properties available separately or together.

Multi-Family Active

Price

^$ 1,668,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1948

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW25075567

Days on Market

263

Features

General

Sewer Public Sewer

Zoning LBR3T

Garage Spaces 0

Pool Features None

Year Built 1948

Property Subtype Mixed Use

Gross Income 0

Community Features Suburban

County Los Angeles

Net Operating Income 112825

Operating Expense 47809

Insurance Expense 0

New Construction 0

Property Type Residential Income

Subdivision Name Wrigley Area (WR)

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions south of willard

City Long Beach

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 8

MLS Area 5 - Wrigley Area

Lot Size Units Square Feet

Lot Size Square Feet 7500

Listing Terms Cash Cash to New Loan

Property Attached Y/N 0

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 4

Property Sub Type Additional Mixed Use

Cap Rate 6.76

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 0

Lot Size Area 7500

Number of Buildings 2

Building Area Total 4360

Lot Size Acres 0.1722

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

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$10,406

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Monthly Principal & Interest: $10,406
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,860,524

Percent of Sale Price 12%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,668,000		Listed Price

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2032 Pine Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,668,000 with 4,360 sqft and a lot size of 0.1722. 2032 Pine Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2032 Pine Avenue

Multi-Family Home for sale in Long Beach, CA

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