5333 Pine Avenue, Long Beach, CA — listing photo 1
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FOR SALENew Listing

5333 Pine Avenue

Long Beach, CA 90805
7,502 Lot Sq Ft
Built 1962
$2,195,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1962
Lot size
7,502 sq ft
Parking
6 spaces
Garage
6 spaces
Stories
2
Days on market
3
MLS status
Active
Zoning
LBR34

Features & Amenities

Parking

  • Door Single
  • Garage
  • On Street

Pool

  • None

Lot

  • Corner Lot
  • Over40Units Acre
  • Rectangular Lot

Community, Schools & Utilities

Community

Subdivision
North Long Beach (NLB)
Property tax (2025)
$18,693

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

5333 Pine Avenue

Long Beach, CA 90805

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Frequently Asked Questions About 5333 Pine Avenue

Property type: Residential Income

The current asking price is $2,195,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5333 Pine Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1962. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 3 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Adela Randazzo
MLS ID: sbrandade

Available property

$2,195,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.