Skip to main content

Millman Team Real Estate

$2,195,000
0.17 Acre Lot

5333 Pine Avenue, Long Beach, California 90805

  • Residential Income Property Type
  • Garage Cars Garage
  • 1962 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SB26215233
$2,195,000
1962
0.17 Acre
Active
1
Apartment
Features
: None
: Garage, Door-Single, On Street
: Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Address Map
CA
Los Angeles
Long Beach
North Long Beach (NLB)
90805
Pine
5333
Avenue
W119° 48' 29.3''
N33° 51' 10.9''
91 Fwy to Atlantic Ave south, right on 53rd St, right on Pine Ave. Cross streets: Del Amo Blvd / Long Beach Blvd.
7 - North Long Beach
LBR34
Additional Information
$0
$0
$0
$0
$0
6941
: Sidewalks, Curbs, Urban
: Stucco
1
6.0
: Two
: Rectangular Lot, Corner Lot, Over 40 Units/Acre
50x150
9
2026-10-03
2
2
: Public
Broker/Agent Information
Keller Williams Realty
Adela Randazzo
Financial
18693.0
Listing Information
sbrandade
S4726
Cash, Cash to New Loan, Conventional, 1031 Exchange
Active
2026-10-06T16:14:47Z
CRMLS
: Standard
2026-10-03T10:06:02Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us