1701 Pine Ave, Long Beach, CA 90813
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1701 Pine Ave Long Beach, CA 90813

$1,075,000 Sold Price as of 03/15/2023
  • 6 Beds
  • 4 Baths
  • 2,328 Sq.Ft.
Sold
$1,075,000 Sold Price as of 03/15/2023 Refinance Your Mortgage

Map preview of 1701 Pine Ave, Long Beach, CA 90813

Property Overview: 1701 Pine Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,328 living square feet and 7,517 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Long Beach 4 unit's, great opportunity! Welcome to 1701 Pine Ave, Long Beach. This Unique property consists of 4 Units, two story building with 8 Conforming parking spaces and 2 non-conforming parking spaces in the front of the property. Unit #1 month to month ($1,360 Monthly) has 2Bed, 1Bath and living room! Unit #2 Year Lease ($1,800 Monthly) is a fully remolded 2Bed, 1Bath large bedroom! #3 month to month($1,050 Monthly) is a Studio (0)bedroom. #4 Year Lease ($1,250 Monthly) is a Studio (0)bedroom fully remolded with recess lighting and new floors. 2 of 4 units have been remolded. Plans for the ADU Garage conversion has been submitted to the city for approval. This can potentially be a 6 Unit property in additional income. Near public transportation, Schools, Parks and shopping.

Listed by Steven Padilla | BRE #00957274 | Century 21 A Better Service
Last checked: 2 minutes ago | Last updated: March 15th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,517
HOA Dues
$0/mo
Year built
1939
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW23009535
City
Long Beach
County
Los Angeles
Time on Site
608 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1701 Pine Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Near Public Transit, Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7269009001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: Between Pacific Ave and Locust Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 1701 Pine Ave

Last sold for $1,075,000 on March 15th, 2023
  • March, 2023

  • Mar 15, 2023

    Date

    Sold

    CRMLS: DW23009535

    $1,075,000

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: DW23009535

    $1,075,000

    Price

  • October, 2020

  • Oct 13, 2020

    Date

    Sold

    CRMLS: PW20063798

    $775,000

    Price

  • Aug 19, 2020

    Date

    Pending

    CRMLS: PW20063798

    $859,000

    Price

  • Aug 12, 2020

    Date

    Active

    CRMLS: PW20063798

    $859,000

    Price

  • Aug 5, 2020

    Date

    Pending

    CRMLS: PW20063798

    $859,000

    Price

  • Jul 31, 2020

    Date

    Price Change

    CRMLS: PW20063798

    $859,000

    Price

  • Jun 20, 2020

    Date

    Price Change

    CRMLS: PW20063798

    $899,000

    Price

  • Apr 17, 2020

    Date

    Active

    CRMLS: PW20063798

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors! Expand your Real Estate empire with a charming Spanish style fourplex in Downtown Long Beach. This building features a unit mix of larger units including a two bedroom, one bedroom, and two studio units. Perfect opportunity for passive income in the highly desirable Long Beach. Ample parking is a must, and this property has it! With 4 garages in the back and a large front parking lot, there is more than enough space! Situated on a very expansive lot there is potential to expand the building, or recreational additions such as a play area. Located near schools, public transportation, and convenient shopping and markets, this fourplex is waiting for its next owner to capitalize on Long Beach’s future. Make it yours today!

  • October, 2020

  • Oct 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

  • August, 2001

  • Aug 16, 2001

    Date

    Sold (Public Records)

    Public Records

    $176,500

    Price

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Tax History for 1701 Pine Ave

Assessed Value (2020): $238,996
Year Land Value Improved Value Assessed Value
2020 $162,088 $76,908 $238,996

Home Value Compared to the Market

This property vs the competition

1701 Pine Ave sold on March 15, 2023 for 31.26% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $461.77 per/sqft which puts the price per square foot 26.47% lower than the current median sale per square foot for the city of Long Beach.

About 1701 Pine Ave

Detailed summary of property

1701 Pine Ave is a fourplex that recently sold in Long Beach, CA 90813. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,328 living square feet, and sits on an approximately 7,517 square foot lot. 1701 Pine Ave was first listed on ArdentRealEstateGroup.com on January 19, 2023. The homeowner sold the property for $1,075,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 31.26% higher than the current median priced home. Local homes that are currently for sale include 1125 E 17th St, 1132 E Arcadia Court and 1039 E 10th St. While the average home in Long Beach, CA is selling in 62 days, 1701 Pine Ave has a days on market of 21 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1701 Pine Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1701 Pine Ave

Public county record property details
Beds
2
Baths
4
Year built
1939
Sq. Ft.
2,328
Lot Size
7,516
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
7269-009-001

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.