1952 Pine

Long Beach, CA 90806

6,742 sq ft lot
Built 1940

Listed by: Buckingham Investments, Inc · 626-483-7983

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.

Home details

Interior

Laundry: None

Exterior & lot

Lot size: 6,742 sq ft (0.15 acres)
Lot features: 6-10 Units/Acre
Pool: None
Garage spaces: 0
Common walls: 2+ Common Walls

Property & community

Property type: Apartment
Year built: 1940
Community: Urban
County: Los Angeles
MLS #: SB26098488
Listed: May 6, 2026

Location

Listed by: Buckingham Investments, Inc · 626-483-7983

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 3:31 am.