Pine Crest Apartments (1845-51)

1845 Pine Avenue, Long Beach, CA 90806

Sale Price

$3,375,000

Investment Overview

Units

20

Year Built

1959

The Offering

1845-51 Pine Avenue, Long Beach, CA 90806

Price: $3,575,000
Units: 14 
Year Built: 1959
Size: 8,632   
Current Cap Rate: 4.9%
Current GRM: 13.2 
Market Cap Rate: 5.2%
Market GRM: 12.6
Price per Unit: $255,357