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1708 Pine Ave, Long Beach, CA 90813
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1708 Pine Ave Long Beach, CA 90813

$3,220,000 Sold Price as of 04/01/2022
  • 16 Beds
  • 16 Baths
  • 7,982 Sq.Ft.
Sold
$3,220,000 Sold Price as of 04/01/2022 Refinance Your Mortgage
Map preview of 1708 Pine Ave, Long Beach, CA 90813

Property Overview: 1708 Pine Ave Long Beach, CA has 16 bedrooms, 16 bathrooms, 7,982 living square feet and 7,561 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced reduced. Seller found an up leg already for a 1031 exchange. Many units have been upgraded, Laundry room, 7 garages

Listed by Francisco Arce | BRE #00934626 | Tropical Realty
Co-listed by Jorge Medina | BRE #00823759 | Tropical Realty
Last checked: 9 minutes ago | Last updated: April 2nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
7,561
HOA Dues
$0/mo
Year built
1961
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB22019863
City
Long Beach
County
Los Angeles
Time on Site
961 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Electric Meters: 14
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,893
  • Total Rent: $3,786
  • Pro Forma/Market Rent: $3,990
Unit Breakdown 2
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $16,223
  • Pro Forma/Market Rent: $19,140
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $241,908
  • Net Operating Income: $144,079
  • Gross Operating Income: $234,651
  • Vacancy Allowance: $7,257
  • Laundry Income: $150
Annual Expense Breakdown
  • Total Operating Expense: $90,572
  • Electric: $550
  • Gas/Fuel: $2,220
  • Licenses: $1,100
  • New Taxes: $41,213
  • Trash: $16,700
  • Gardener: $3,000
  • Insurance: $3,500
  • Maintenance: $7,000
  • Professional Management: $11,732
  • Water/Sewer: $2,765

Property Details for 1708 Pine Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 14
  • Parcel Number: 7269010002
  • 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: Poly High (PH)
  • Directions: Pacific Coast and Pine
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1708 Pine Ave

Last sold for $3,220,000 on April 1st, 2022

  • February, 2022

  • Feb 8, 2022

    Date

    Price Change

    CRMLS: SB22019863

    $3,275,000

    Price

  • June, 2008

  • Jun 17, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2008

  • Jun 17, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1708 Pine Ave

Assessed Value (2020): $1,424,949
Year Land Value Improved Value Assessed Value
2020 $924,801 $500,148 $1,424,949

Home Value Compared to the Market

This property vs the competition

1708 Pine Ave sold on April 1, 2022 for 299.88% 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 $410.3 per/sqft which puts the price per square foot 34.67% lower than the current median sale per square foot for the city of Long Beach.

About 1708 Pine Ave

Detailed summary of property

1708 Pine Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 7,982 living square feet, and sits on an approximately 7,561 square foot lot. 1708 Pine Ave was first listed on ArdentRealEstateGroup.com on February 1, 2022. The homeowner sold the property for $3,220,000. 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 299.88% higher than the current median priced home. Local homes that are currently for sale include 15408 Pioneer Blvd, 16861 Green Ln and 11308 S Figueroa St. While the average home in Long Beach, CA is selling in 62 days, 1708 Pine Ave has a days on market of 8 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 1708 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 1708 Pine Ave

Public county record property details
Beds
16
Baths
14
Year built
1961
Sq. Ft.
7,982
Lot Size
7,560
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7269-010-002

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%)

Thinking of Selling?

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Recently Sold Homes Near 1708 Pine Ave

1721 Pine Ave, Long Beach, CA 90813
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1701 Pine Ave, Long Beach, CA 90813
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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.

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