1958 Pine
Long Beach, CA, 90806
$2,030,000
Beds
0 Baths
0 SqFt
0.15 Acres
Add
MLS #SB26098552 image #0
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, 1952 Pine. Offering memorandum in supplemental materials.

Property Details

Price:
$2,030,000
MLS #:
SB26098552
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
May 12, 2026
Total Sq Ft:
7,108
Lot Size:
6,742 sqft / 0.15 acres (approx)
Year Built:
1953
5 – Wrigley Area5wrigleyareaWrigley Area Wr

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Schools

Interior

Laundry Features
AR

Exterior

Common Walls
_2CW
Community Features
URB
Parking Spots
2
Parking Total
2

Financial

Gross Operating Income
$218,097
Maintenance Fee
$10,905
Net Operating Income
$147,607

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of May 15, 2026
790
Single Family Listed
61
Avg DOM
476
Avg $ / SqFt
$1,164,087
Avg List Price

Property Summary

    Located in the Wrigley Area (WR) subdivision, 1958 Pine Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $2,030,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1953. The average price per square foot for Single Family listings in Long Beach is $476. The average listing price for Single Family in Long Beach is $1,164,087.

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1958 Pine
Long Beach, CA