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5333 Pine Ave , Long Beach, CA 90805
$2,195,000
Est. Payment: $11,389.38/mo
20 Bed
9 Bath
6941 Sqft
0.17 Acres
Status: active | Days on site: 3
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Chris Heller
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House Description

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.
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Highlights

Listed by Adela Randazzo , 310-480-7359 Keller Williams Realty , 310-519-1080. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1962

County

Los Angeles

Area

7 - North Long Beach

 Neighborhood

North Long Beach (NLB)

Listing ID

SB26215233

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:20
  • ▪ Bathrooms:9
Water:Public

Exterior Features

Lot:Corner Lot,Over 40 Units/Acre,Rectangular Lot,No Land Lease
Lot Dimensions:50x150
Garage Capacity:6
Zoning:LBR34
Others:
  • ▪ Additional:Stucco, 2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Door-Single,Garage,On Street
Principal Interest
$11,389
Taxes
$1,558

Home Price

$2,195,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$439,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,389.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,389.38 $1,557.75 $0.00 $12,947.13
Yearly $136,672.59 $18,693.00 $0.00 $155,365.59
Total $4,100,177.73 $560,790.00 $0.00 $4,660,967.73

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T01:30:46.000Z

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