x
Showing 1 of 0
X
Save

1883 Pine
Long Beach CA 90806 US

$2,095,000

Active Listing ID SB25222853
bed icon
14 bed
bath icon
8.00 Bath (8 Full)
lot icon
Lot: 6,768.00 Square Feet
home icon
Apartment

$2,095,000

Active Listing ID SB25222853
Save

1883 Pine South Wrigley 8-Unit Turnkey Multifamily Property Built in 1979 with two new ADUs added in 2025, this stabilized, meticulously maintained 8-unit property in the desirable South Wrigley neighborhood offers a rare investment opportunity. The building features (4) updated 2-bedroom units (2) updated 1-bedroom units and (2) modern 2-bedroom ADUs, all in excellent condition. The main building’s units have been fully renovated with new cabinetry, countertops, ceramic tile and laminate flooring, appliances, electrical, plumbing, finish carpentry, hardware, interior/exterior doors, windows, and fresh paint inside and out. The 2025-built all-electric, separately metered ADUs include in-unit laundry and dedicated split-unit air conditioners for added tenant comfort. Six rear garages were converted into the ADUs, with (4) parking spaces retained behind the building. The property also boasts a 2024-installed roof, upgraded block wall/fencing, and a new parking gate, all completed with permits. The main building units are also separately metered for gas and electricity. Priced attractively at a sub-10.5X GRM and a 6.2% cap rate, this turnkey property is located on a charming, tree-lined residential street with head-in parking. It’s less than a mile from the 710 Freeway, under 2 miles from the 405, and just 2 miles north of the beach, offering unmatched convenience and appeal.

Collapse all

Property Features

  • Facts
  • Lot Size: 6,768.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 8
  • Cooling System: Ductless
  • Exterior Finish: Fence, Community Features Included: Suburban, Rectangular Lot
  • Floor Covering: Laminate
  • Roof Type: Composition
  • Heating Fuels: Ductless (Heating), Wall Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2095000
  • unparsedaddress: 1883 Pine
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90806
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.155371900826446
  • lotsizeunits: Square Feet
  • lotsizearea: 6768
  • livingarea: 4666
  • livingareaunits: Square Feet
  • listagentfullname: Anthony Walker
  • listagentemail: Anthony.walker@buckinghaminvestments.com
  • listagentkey: 3yd-MRMLSCA-SBWALKANT
  • listagentmlsid: SBWALKANT
  • listagentpreferredphone: 3105614776
  • listagentofficephone: 3109827055
  • listofficekey: 3yd-MRMLSCA-SB1301700
  • listagentstatelicense: 01908153
  • listofficemlsid: SB1301700
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1979
  • listingcontractdate: 2025-09-24
  • listagenturl: http://www.buckinghaminvestments.com
  • countyorparish: Los Angeles
  • parcelnumber: 7209021002
  • appliances: Oven - Gas, Range, Range - Gas
  • cooling: Ductless
  • constructionmaterials: Stucco
  • flooring: Laminate
  • heating: Ductless (Heating), Wall Furnace
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Paved or Surfaced
  • roof: Composition
  • view: None
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fan(s), None, Carbon Monoxide Detector(s)
  • exteriorfeatures: Fence, Community Features Included: Suburban, Rectangular Lot
  • architecturalstyle: Contemporary
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Buckingham Investments, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Anthony.walker@buckinghaminvestments.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"buckingham.inv@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/110/335173/20160816181448704.png", "ListBrokerageName":"Buckingham Investments, Inc.", "ListBrokeragePhone":"(562) 208-4890", "ListBrokeragePostalCode":"90802", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Ste 607", "ListBrokerageUnparsedAddress":"320 Pine Ave", "ListBrokerageWebsiteUrl":"http://www.buckinghaminvestments.com", "ListOfficeAddress1":"1304 El Prado Ave Ste C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SBWALKANT", "ListOfficeCity":"Torrance", "ListOfficeCountry":"US", "ListOfficeEmail":"buckingham.inv@gmail.com", "ListOfficePostalCode":"90501", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Contemporary, Apartment - Long Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1883-Pine-Ave-Apt-6_Long-Beach_CA_90806_M22174-18001?f=listhub&s=MRMLSCA&m=SB25222853&c=rexren", "MLSModificationTimestamp":"2025-09-24T10:37:49Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/27/2025 8:38:00 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Anthony Walker, Buckingham Investments, Inc, Anthony.walker@buckinghaminvestments.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.