5333 Pine AVE, Long Beach, CA 90805
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5333 Pine AVE, Long Beach, CA 90805
5333 Pine AVE, Long Beach, CA 90805
5333 Pine AVE, Long Beach, CA 90805
5333 Pine AVE, Long Beach, CA 90805
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Anna Taylor

Anna Taylor

+1(562) 275-1710
$ 2,195,000
Est. payment /mo
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5333 Pine AVE Long Beach, CA 90805

7,501 Sqft Lot

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB26215233

HOA Y/N No

Year Built 1962

Annual Tax Amount $18,693

Tax Year 2025

Lot Size 7,501 Sqft

Lot Dimensions Public Records

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR34

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Door-Single, Garage, On Street

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Over 40 Units/Acre, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7131007023

Energy Description 9286.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Adela Randazzo Keller Williams Realty 310-480-7359, DRE #01954846

Nearby Locations

Anna Taylor

Anna Taylor

Agent License ID: 02115281

+1(562) 275-1710

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5333 Pine AVE