For Sale
$2,195,000
5333 Pine Avenue
Long Beach, CA 90805
- 7,502 sq ft lot
- Built 1962
Listed by: Keller Williams Realty · 310-480-7359
About this home
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.
Home details
Interior
- Levels
- Two
- Laundry
- Common Area
Exterior & lot
- Lot size
- 7,502 sq ft (0.17 acres)
- Lot features
- Corner Lot, Rectangular Lot, Over 40 Units/Acre
- Pool
- None
- Garage spaces
- 6
- Parking
- Garage, Garage - Single Door, On Street
- Common walls
- 2+ Common Walls
Property & community
- Property type
- Apartment
- Year built
- 1962
- Community
- Curbs, Urban, Sidewalks
- County
- Los Angeles
- MLS #
- SB26215233
- Listed
- Oct 3, 2026
Location
Listed by: Keller Williams Realty · 310-480-7359
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.