Home | Los Angeles County | Long Beach | 90806 | 1952 Pine
MLS: CRSB26098488 | Status: | Price: $1,565,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,742 | 1940 |
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.
| Field | Value |
|---|---|
| MLS # | CRSB26098488 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Malcolm Zeger
Buckingham Investments, Inc
License #: 02013882
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Educational Partnership High School | public | 9-12 | 0.30 mi | 3 |
| Burnett Elementary School | public | K-5 | 0.50 mi | 4 |
| Washington Middle School | public | 6-8 | 0.53 mi | 4 |
| Roosevelt Elementary School | public | K-5 | 0.58 mi | 5 |
| Lafayette Elementary School | public | K-5 | 0.63 mi | 5 |
| Polytechnic High School | public | 9-12 | 0.64 mi | 7 |
| Alvarado Elementary School | public | K-5 | 1.03 mi | 9 |
| Robinson Academy | public | K-8 | 1.03 mi | 5 |
| Renaissance High School For The Arts | public | 9-12 | 1.12 mi | 8 |
| Whittier Elementary School | public | K-5 | 1.15 mi | 5 |
| International Elementary School | public | K-5 | 1.16 mi | 5 |
| Lincoln Elementary School | public | K-5 | 1.18 mi | 7 |
| Signal Hill Elementary School | public | K-5 | 1.19 mi | 8 |
| Garfield Elementary School | public | K-5 | 1.25 mi | 5 |
| Birney Elementary School | public | K-5 | 1.30 mi | 6 |
| Jessie Nelson Academy | public | 6-8 | 1.32 mi | 3 |
| Edison Elementary School | public | K-5 | 1.36 mi | 3 |
| Cabrillo High School | public | 9-12 | 1.37 mi | 3 |
| Stevenson Elementary School | public | K-5 | 1.39 mi | 5 |
| Reid High School | public | 11-12 | 1.54 mi | 2 |
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This listing information is up-to-date as of May 12, 2026. For the most current information, please contact Malcolm Zeger.