Active Under Contract
House for sale at 1958 Pine, Long Beach, CA 90806 | MLS# SB26098552 | Listing updated on 2026-10-22
Photo 1 of House for sale at 1958 Pine, Long Beach, CA 90806 | MLS# SB26098552 | Listing updated on 2026-10-22
Photo 2 of House for sale at 1958 Pine, Long Beach, CA 90806 | MLS# SB26098552 | Listing updated on 2026-10-22
Photo 3 of House for sale at 1958 Pine, Long Beach, CA 90806 | MLS# SB26098552 | Listing updated on 2026-10-22
Photo 4 of House for sale at 1958 Pine, Long Beach, CA 90806 | MLS# SB26098552 | Listing updated on 2026-10-22
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Listed by: Malcolm Zeger (626) 483-7983 DRE #02013882 | Buckingham Investments, Inc (310) 982-7055

$2,030,000

Monthly Est:$10,104

  • Beds Icon16 Beds
  • Beds Icon
    9 Baths
  • Beds Icon7,108sqft

1958 Pine, Long Beach, CA 90806

$10,104/moEst:

Get Pre-Approved

  • Apartment

  • Built in 1953

  • $-- HOA

  • 6,742 sqft lot

  • $286/sq.ft

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 22, 2026 at 5:43 pm
  • Source: California Regional MLS-CA | MLS#: SB26098552 California Regional MLS-CA

This condo is in:

Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Long Beach

  • Neighborhood

    Southeast Wrigley

  • Year Built

    1953

  • HOA Fees

    -

  • Finished Area

    7,108 sqft

  • Lot Size

    6,742 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    SB26098552

  • MLS Status

    ActiveUnderContract

  • Days on Market

    171

  • Cumulative Days on Market

    169

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 16

    Bathrooms: 9

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Water Source

    Public

  • Laundry Features

    Common Area

  • Pool Features

    None

  • Parking Features

    Assigned

Other Features

  • Community Features

    Urban

  • Subdivision Name

    Wrigley Area (wr)

  • Lot Features

    Six To Ten Units Acre

Price History

DateEventPrice

07/23/2026

Source: mls_logoCalifornia Regional MLS-CA #SB26098552

Contingent (Active Under Contract)

$2,030,000

$286/sqft

05/06/2026

Source: mls_logoCalifornia Regional MLS-CA #SB26098552

Listed for Sale

$2,030,000

$286/sqft

Getting Around 1958 Pine

Walk Score®

Walk Score

Very Walkable

86/100

Transit Score®

Transit Score

Good Transit

63/100

Data provided by Redfin

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 23, 2026, 08:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage