5110 Pine Avenue
Long Beach, CA 90805
MLS #DW16730950

Income
  • 2units
  • 1,600sq ft
Pending Sale $425,000
Est. P&I payment: $1623.21/mo
5110 Pine Avenue, Long Beach, CA 90805
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Description for 5110 Pine Avenue, Long Beach, CA 90805
Grow your investment portfolio with this great long term investment opportunity. These units are in a great rental area. Property does need some work and is priced accordingly. Property has a very nice set up that tenants will enjoy. This one is a keeper.
MLS #DW16730950
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My Notes for MLS #DW16730950

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Year Built: 1964
  • Year Built Source: Assessor
  • Zoning: LBR1N
  • Elevation Units: Feet
  • Subdivision Name: Other (OTHR)

Exterior Features

  • Roof: Shingle
  • Uncovered Spaces: 2
  • Lot Features: Corner Lot
  • Lot Size SqFt: 4,483
  • Lot Size Units: Square Feet
  • Direction Faces: West
  • Garage Spaces: 2
  • Parking Total: 4
  • Pool Features: None
  • Property Condition: Fixer,​Repairs Cosmetic
  • Common Walls: 1 Common Wall
  • Property Attached YN: 1

Interior Features

  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Financial Features

  • Gross Scheduled Income: 32,400
  • Insurance Expense: 1,000
  • Net Operating Income: 31,000
  • Operating Expense: 1,500
  • Price Per SqFt: 265.62
  • Total Expenses: 8,500
  • Water Sewer Expense: 1,500
  • Gross Income: 2,700
  • New Taxes Expense: 6,000
  • Tenant Pays: Electricity,​Gas

Community Features

  • Community Features: Curbs,​Sidewalks

Miscellaneous Features

  • Building Area Total: 1,600
  • Building Area Units: Square Feet
  • Days On Market: 18
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 18
  • Tax Census Tract: 5,717.03
  • Tax Tract Number: 5,134

Location

 
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Directions to 5110 Pine Avenue, Long Beach, CA 90805
Off the 710fwy, exit Del Amo Blvd, East. Go past Long Beach Blvd., to Locust Ave. Go North on Locust to 51st. Go West to Pine Ave. Units are on N/E corner.
Listing information for 5110 Pine Avenue, Long Beach, CA 90805 was graciously provided by our friends at the listing brokerage, Keller Williams Pacific Estates and by listing agent Rios Armando DRE# 01358382

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P&I Payment $1623.21
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 7:33pm
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