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1958 Pine
Long Beach CA 90806 US

$2,030,000

Active Listing ID SB26098552
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16 bed
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9.00 Bath (9 Full)
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Lot: 6,742.00 Square Feet
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Apartment

$2,030,000

Active Listing ID SB26098552
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1958 Pine Priced to sell! This well-performing 10-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 485 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.85X GRM and 7.3% cap rate. New electrical meters and main installed. This 1950's built 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.

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Property Features

  • Facts
  • Lot Size: 6,742.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 9
  • Exterior Finish: Community Features Included: Urban, 6-10 Units/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2030000
  • unparsedaddress: 1958 Pine
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90806
  • bathroomsfull: 9
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.154775022956841
  • lotsizeunits: Square Feet
  • lotsizearea: 6742
  • livingarea: 7108
  • livingareaunits: Square Feet
  • listagentfullname: Malcolm Zeger
  • listagentemail: malcolm.zeger@buckinghaminvestments.com
  • listagentkey: 3yd-MRMLSCA-sbzegemal
  • listagentmlsid: sbzegemal
  • listagentpreferredphone: 6264837983
  • listagentofficephone: 3109827055
  • listofficekey: 3yd-MRMLSCA-SB1301700
  • listagentstatelicense: 02013882
  • listofficemlsid: SB1301700
  • disclaimer: Copyright © 2026 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: 1953
  • listingcontractdate: 2026-05-06
  • listagenturl: http://www.buckinghaminvestments.com
  • countyorparish: Los Angeles
  • parcelnumber: 7209017010
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 2
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Urban, 6-10 Units/Acre
  • architecturalstyle: Other
  • 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
  • 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":"malcolm.zeger@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":"Apartment - Long Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1958-Pine-Ave_Long-Beach_CA_90806_M95405-28196?f=listhub&s=MRMLSCA&m=SB26098552&c=rexren", "MLSModificationTimestamp":"2026-05-06T11:14:57Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/6/2026 9:35:58 PM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Malcolm Zeger, Buckingham Investments, Inc, malcolm.zeger@buckinghaminvestments.com

Copyright © 2026 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.