5333 Pine Avenue, Long Beach, CA 90805

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
5333 Pine Avenue,Long Beach, CA 90805
$2,195,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: adela randazzo
Office: keller williams realty
MLS#:SB26215233
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,195,000

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.

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Home facts

  • Subdivision & Development:North Long Beach (NLB)
  • Listing ID #:SB26215233
  • Added:6 day(s) ago
  • Updated:October 10, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Structure and exterior

  • Construction Materials:Stucco
  • Levels:2 Story

Finances and disclosures

  • Price:$2,195,000
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