$ 2,195,000
-
$2,195,000
Price -
20
Bed -
9
Bath -
6,941
SqFt -
0.17
Acre
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About the Listing S4726 - sbrandade
North Long Beach 9-unit apartment building for sale at $244K per door. A rare multifamily income property in Long Beach 90805 with a 6.14% cap rate on served November 1, 2026 rents, $222,203 in gross scheduled income, and value-add upside. The unit mix is seven 2-bed/1-bath units and two 3-bed/1-bath units, plus six garages. The most recent 3-bedroom turnover re-leased at $2,500/mo in May 2026, showing room to grow rents. Two garages may qualify for ADU conversion under California law (buyer to verify with the City of Long Beach). Professionally managed, with long-term tenancy. Directly across from Addams Elementary and a short walk to Grace Park and the Long Beach Blvd shopping corridor, near the Metro A Line, the 710, the 91 and the 405. An ideal 1031 exchange property or long-term hold. Rent roll and income statement available. Do not disturb tenants.
Listing Highlights for 5333 Pine Ave
Interior Details
- Bedrooms: 20
- Bathrooms: 9 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Over 40 Units/Acre,Rectangular Lot,No Land Lease
- Garage Capacity: 6 car
- Parking Spaces: 6
- Lot Dimensions: 50x150
- Zoning: LBR34
- Roof:
- Others: Stucco,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Door-Single,Garage,On Street
Financial Details
- Tax Amount: $18,693
- Taxes w/Assessments: N/A
- Tax/Property ID: 7131007023
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5333 Pine Ave Long Beach, CA 90805
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