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5333 Pine Ave , Long Beach, CA 90805
$2,195,000
Est. Payment: $11,389.38/mo
8 Bed
4 Bath
0.17 Acres
Status: active | Days on site: 4
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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. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

County

Los Angeles

 Neighborhood

North Long Beach (NLB)

Listing ID

SB26215233

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4

Exterior Features

Lot Dimensions:50x150
Zoning:Assessor
Principal Interest
$11,389
Taxes
$1,399

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 $1,399.31 $0.00 $12,788.70
Yearly $136,672.59 $16,791.75 $0.00 $153,464.34
Total $4,100,177.73 $503,752.50 $0.00 $4,603,930.23

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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-11-08T01:35:46.000Z

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