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Listed by Buckingham Investments, Inc, Malcolm Zeger, Listing Contact: [email protected]

$1,565,000

1952 Pine, Long Beach CA, 90806

Price per sqftN/A
Built in1940
Property typeMulti-family

Overview

Active

Listed May 6, 2026

Updated 17h ago

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.

$10,412/mo

Est. mortgage payment based on a $1,565,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26098488

Interior Features

Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Buckingham Investments, Inc, Malcolm Zeger DRE:02013882,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Chad Doyle shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Chad Doyle are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:06 AM UTC, 10/10/2026

 

 

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