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Listed by Keller Williams Realty, Adela Randazzo, Listing Contact: 310-480-7359 
8 Beds
4 Baths

$2,195,000

5333 Pine Avenue, Long Beach CA, 90805

Property typeMulti-family

Overview

Active

Listed Oct 3, 2026

Updated 2 days ago

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.

$14,603/mo

Est. mortgage payment based on a $2,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26215233

Interior Features

Bedrooms
8
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.17 Acres

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Data last updated 6:25 AM UTC, 10/7/2026

   

 

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