Property photo 1
Listed by Buckingham Investments, Inc, Malcolm Zeger, Listing Contact: 626-483-7983 
4 Beds
0 Baths

$1,565,000

1952 Pine, Long Beach CA, 90806

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
SB26098488

Interior Features

Bedrooms
4
Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.15 Acres

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Data last updated 6:48 AM UTC, 10/10/2026

   

 

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