Investors, welcome to 1961-1967 Pine Ave. Come find this charming 4-Unit low-maintenance property, ideal for both new investors and seasoned investors adding to their real estate portfolio. 4 homes, each with 2-bedrooms, 1-bath, patios, separately metered for electricity and gas, allowing tenants to pay their own expenses. Each home is complimented with 1 of the 4 single-car garages. Adorable patio areas. The property is 100% fully rented, housing very long-term tenants. Located in vibrant Wrigley, moments from Blue Line Train, Long Beach Memorial Hospital, and tons of Shopping along Pacific Ave. You’re going to love this one.
Sold for $1,039,150
Listed by: Seven Gables Real Estate • Julio Ayora • Contact: 714-840-1031
Bought with: None MRML
Tax assessed value
$1,039,150
1961 Pine Ave, Long Beach, CA 90806
8beds
4baths
3,108sqft
Quadruplex
Built in 1941
-- sqft lot
$1,119,600 Zestimate®
$334/sqft
$2,578 Estimated rent
Home value
$1,119,600
$1.02M - $1.23M
$2,578/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Julio Ayora DRE #01274567 562-394-7000,
Seven Gables Real Estate
Bought with:
NONE NONE, DRE #N/A
None MRML
Source: CRMLS,MLS#: PW24119032
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,108
- Total interior livable area: 3,108 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage Faces Rear
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Entry
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,741 Square Feet
- Features: 0-1 Unit/Acre, Landscaped
Details
- Parcel number: 7209020007
- Zoning: LBR4R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
- Subdivision: Wrigley Area (Wr)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $1,039,150
- Annual tax amount: $14,159
- Date on market: 6/11/2024
- Cumulative days on market: 117 days
- Listing terms: Cash to New Loan,Conventional,Owner May Carry
- Total actual rent: 73200
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $1,039,150-5.5%$334/sqft |
Source:  CRMLS #PW24119032 Report a problem | ||
| 10/7/2024 | Pending sale | $1,100,000$354/sqft |
Source: CRMLS #PW24119032 Report a problem | ||
| 9/7/2024 | Price change | $1,100,000-15.4%$354/sqft |
Source: CRMLS #PW24119032 Report a problem | ||
| 6/11/2024 | Listed for sale | $1,300,000+237.7%$418/sqft |
Source: CRMLS #PW24119032 Report a problem | ||
| 6/4/2003 | Sold | $385,000+113.9%$124/sqft |
Source: Public Record Report a problem | ||
| 9/1/2000 | Sold | $180,000-43.8%$58/sqft |
Source: Public Record Report a problem | ||
| 7/8/1998 | Sold | $320,000+133.6%$103/sqft |
Source: Public Record Report a problem | ||
| 9/17/1997 | Sold | $137,000-21.7%$44/sqft |
Source: Public Record Report a problem | ||
| 5/22/1997 | Sold | $175,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,159 +85% | $1,039,150 +90.1% |
| 2024 | $7,652 +1.8% | $546,654 +2% |
| 2023 | $7,519 +6.3% | $535,937 +2% |
| 2022 | $7,074 +2.3% | $525,429 +2% |
| 2021 | $6,916 +0.3% | $515,127 +1% |
| 2020 | $6,898 | $509,846 +2% |
| 2019 | $6,898 +4.7% | $499,850 +2% |
| 2018 | $6,587 | $490,050 +2% |
| 2017 | $6,587 +1.1% | $480,442 +2% |
| 2016 | $6,517 +7.6% | $471,022 +1.5% |
| 2015 | $6,056 +3.5% | $463,948 +2% |
| 2014 | $5,849 | $454,860 +2.5% |
| 2012 | -- | $443,928 +2% |
| 2011 | -- | $435,225 +0.8% |
| 2010 | -- | $431,973 -0.2% |
| 2009 | -- | $433,000 +2% |
| 2008 | -- | $424,511 +2% |
| 2007 | -- | $416,189 +2% |
| 2006 | -- | $408,029 |
| 2005 | -- | $408,029 +4% |
| 2004 | -- | $392,187 +111.8% |
| 2003 | -- | $185,191 +2% |
| 2002 | -- | $181,560 +4.7% |
| 2000 | -- | $173,400 |
Find assessor info on the county website
Neighborhood: Wrigley
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Nearby schools
GreatSchools rating
- 5/10Robinson AcademyGrades: K-8Distance: 1.1 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,119,600
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Estimated market value
$1,119,600
- California
- Los Angeles County
- Long Beach
- 90806
- Wrigley
- 1961 Pine Ave
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