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Listed by: Adela Randazzo (310) 480-7359 DRE #01954846 | Keller Williams Realty (310) 519-1080
$2,195,000
Monthly Est:$10,925
20 Beds
9 Baths
6,941sqft
5333 Pine Ave, Long Beach, CA 90805
$2,195,000
$10,925/moEst:
Get Pre-Approved
Apartment
Built in 1962
$-- HOA
7,502 sqft lot
$316/sq.ft
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.
- Houzeo last checked: 7 minutes ago
- Listing updated: October 6, 2026 at 4:11 pm
- Source: California Regional MLS-CA | MLS#: SB26215233
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
6,941 sqft
Lot Size
7,502 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26215233
MLS Status
Active
Days on Market
5
Cumulative Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 9
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1962
Home type
Apartment
Construction Materials
Stucco
Utilities & Energy
Pool Features
None
Parking Features
Door Single, Garage, On Street
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Laundry Features
Common Area
Other Features
Tenant Pays
Electricity
Community Features
Curbs, Sidewalks, Urban
Subdivision Name
North Long Beach (nlb)
Lot Features
Corner Lot, Over40units Acre, Rectangular Lot
Disclosures
Rent Control
Price History
| Date | Event | Price |
|---|---|---|
10/03/2026 Source: | Listed for Sale | $2,195,000 $316/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 08:00PM 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.
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