433 Pine Ave, Long Beach, CA 90802
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433 Pine Ave Long Beach, CA 90802

$2,510,000 Sold Price as of 06/25/2019
  • -- Beds
  • -- Baths
  • 6,526 Sq.Ft.
Sold
$2,510,000 Sold Price as of 06/25/2019 Refinance Your Mortgage

Map preview of 433 Pine Ave, Long Beach, CA 90802

Property Overview: 433 Pine Ave Long Beach, CA has -- bedrooms, -- bathrooms, 6,526 living square feet and 15,797 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Engel & Voelkers is pleased to present Historic 433 Pine Avenue in the City of Long Beach, California. This commercial sale offers the opportunity to purchase a functional retail property below a 28-unit new development condominium complex. The subject property measures 6,526 square feet and can be divided into four (4) separate retail spaces. Ground floor with over 85' feet of gallery frontage along Historic Pine Avenue. Wide open space with an enclosed floor area that's approximately 85' feet wide x 75' feet deep with a clear height of 17' feet. There are two community restrooms down a small hallway area. There's plenty of parking with metered parking along the street and multiple large city managed parking structures across the street with monthly, daily, and 2-hour free parking. The property is located less than 1/2 mile from the 710 Fwy at Pacific Coast Highway. It has convenient freeway access and is adjacent to the ports of Long Beach leading into San Pedro and Los Angeles. The property is set up in a way that is practical for a number of different types of use and is in turn-key condition. Its attributes and location make this property suitable for owner/users and investors alike. The property is well positioned to benefit from the growth that has been occurring along Pine Avenue and the appreciation that comes along with being located on the main street that is the hub of nightlife and commerce for the Downtown Long Beach area.

Listed by Scott Hamilton | BRE #01125930 | Engel & Voelkers
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
15,797
HOA Dues
$0/mo
Year built
2017
Garage
--
Property Type:
Retail
Status
Sold
MLS#
OC19008510
City
Long Beach
County
Los Angeles
Time on Site
1397 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 28
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 433 Pine Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Near Public Transit, Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 28
  • Parcel Number: 7280009134
  • Year Built Source: Public Records
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: off 4th Street and Pine
View more facts & features

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Sale History for 433 Pine Ave

Last sold for $2,510,000 on June 25th, 2019
  • June, 2019

  • Jun 26, 2019

    Date

    Sold

    CRMLS: OC19008510

    $2,510,000

    Price

  • Jan 11, 2019

    Date

    Active

    CRMLS: OC19008510

    $2,510,000

    Price

  • January, 2019

  • Jan 9, 2019

    Date

    Expired

    CRMLS: OC17270793

    $2,510,000

    Price

  • Jan 8, 2019

    Date

    Price Change

    CRMLS: OC17270793

    $2,510,000

    Price

  • Jan 8, 2019

    Date

    Price Change

    CRMLS: OC17270793

    $2,500,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: OC17270793

    $2,000,000

    Price

  • Jul 18, 2018

    Date

    Active Under Contract

    CRMLS: OC17270793

    $2,000,000

    Price

  • Dec 6, 2017

    Date

    Active

    CRMLS: OC17270793

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 433 Pine Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

433 Pine Ave sold on June 25, 2019 for 213.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $384.62 per/sqft which puts the price per square foot 39.14% lower than the current median sale per square foot for the city of Long Beach.

About 433 Pine Ave

Detailed summary of property

433 Pine Ave is a retail that recently sold in Long Beach, CA 90802. This retail property offered -- bedrooms, -- bathrooms, roughly 6,526 living square feet, and sits on an approximately 15,797 square foot lot. 433 Pine Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,510,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 213.75% higher than the current median priced home. Local homes that are currently for sale include 1470 W Holt Ave, 2325 D St and 1353 W 6th St. While the average home in Long Beach, CA is selling in 51 days, 433 Pine Ave has a days on market of 3 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 433 Pine Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 433 Pine Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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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.