5333 Pine Avenue, Long Beach, CA 90805
5333 Pine Avenue, Long Beach, CA 90805
5333 Pine Avenue, Long Beach, CA 90805
5333 Pine Avenue, Long Beach, CA 90805
5333 Pine Avenue, Long Beach, CA 90805
5333 Pine Avenue, Long Beach, CA 90805
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Kevin O'keefe

Kevin O'keefe

+1(858) 260-9001
$ 2,195,000
Est. payment | /mo

8 Beds

4 Baths

7,502 Sqft Lot

Save
$ 2,195,000
Est. payment | /mo
Save

8 Beds

4 Baths

7,502 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB26215233

Bedrooms 8

Lot Size 7,502 Sqft

Lot Dimensions 50x150

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction 91 Fwy to Atlantic Ave south, right on 53rd St, right on Pine Ave. Cross streets: Del Amo Blvd / Long Beach Blvd.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7131007023

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Adela Randazzo, DRE#01954846 Keller Williams Realty 

Schools and Properties Nearby

Kevin O'keefe

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA 92131-1140, USA

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5333 Pine Avenue