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6,941 sqft

$2,195,000

5333 Pine Avenue, Long Beach CA, 90805

Price per sqft$316.24
Built in1962
Property size6,941 sqft
Property typeCondominium
Listed by Adela Randazzo CA DRE# 01954846 with Keller Williams Realty 310-480-7359

Overview

Active

Listed Oct 3, 2026

Updated 13h ago

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.

$14,603/mo

Est. mortgage payment based on a $2,195,000 home price.

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

Additional information

MLS® ID
SB26215233

Interior Features

Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$18,693
Tax Frequency
Annually
Maintenance Expense
$12,137
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Adela Randazzo CA DRE# 01954846 with Keller Williams Realty 310-480-7359

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2026 at 6:38 AM UTC Last Checked: 6:38 AM UTC

 

 

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