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1952 Pine, Long Beach, CA 90806

Long Beach
Local realty services provided by:CENTURY 21 Synergia Realty
1952 Pine,Long Beach, CA 90806
$1,565,000
  • - Beds
  • - Baths
  • 5,490 sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc310-982-7055
MLS#:SB26098488
Source:CRMLS

Price summary

  • Price:$1,565,000
  • Price per sq. ft.:$285.06

About this home

Priced to sell! This well-performing 8-unit building is located in the South Wrigley neighborhood of Long Beach. The rear garages were converted to 2 brand-new 1BD/1BA ADU's at 386 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.81X GRM and 7.3% cap rate. There is a courtyard in the middle of the property for tenant enjoyment. This property is located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway, making this a strong rental location for tenants and investors. Tenants can utilize the nearby Metro Line, shopping centers, medical facilities, schools, and dining. Don't miss out on this incredible opportunity! Available for sale with neighboring property, 1958 Pine. Offering memorandum in supplemental materials.

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Home facts

  • Year built:1940
  • Subdivision & Development:Wrigley Area (WR)
  • Listing ID #:SB26098488
  • Added:152 day(s) ago
  • Updated:October 06, 2026 at 11:19 AM

Rooms and interior

  • Living area:5,490 sq. ft.

Structure and exterior

  • Year built:1940
  • Building area:5,490 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,565,000
  • Price per sq. ft.:$285.06
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Synergia Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Synergia Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sandy Hernandez

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