5333 Pine Avenue Long Beach, CA 90805
Listing Courtesy of: MLS LogoSan Diego, CA MLS / Listed By: Keller Williams Realty

  5333 Pine Avenue Long Beach, CA 90805

Active (0 Days)
$2,195,000 (USD)
8
BED
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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.

MLS #:
SB26215233
Lot Size
7,501 SQFT
Type
Multifamily
County
Los Angeles County

Listed By

Adela Randazzo, Keller Williams Realty
Source
San Diego, CA MLS
Last checked Oct 3 2026 at 8:04 PM GMT+0000
Bathroom Details
Subdivision
  • North Long Beach (Nlb)
Stories
  • 2 Story
Location
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Disclaimer: © 2026 San Diego MLS. 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 Data last updated 10/3/26 13:04
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