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1958 Pine, Long Beach, CA 90806

Long Beach
Local realty services provided by:CENTURY 21 Masters
1958 Pine,Long Beach, CA 90806
$2,030,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc
MLS#:SB26098552
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,030,000

About this home

Priced to sell! This well-performing 10-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 485 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.85X GRM and 7.3% cap rate. New electrical meters and main installed. This 1950's built 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, 1952 Pine. Offering memorandum in supplemental materials.

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Home facts

  • Subdivision & Development:Wrigley Area (WR)
  • Listing ID #:SB26098552
  • Added:103 day(s) ago
  • Updated:August 18, 2026 at 02:09 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4

Finances and disclosures

  • Price:$2,030,000
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