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Stacey Alysson Melman

5333 Pine AV
Long Beach, CA, 90805
$2,195,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #SB26215233 image #0
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.
AGENT: Adela Randazzo
LISTING BROKERAGE: Keller Williams Realty
5333 Pine AV
Long Beach, CA

Property Details

Price:
$2,195,000
MLS #:
SB26215233
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
North Long Beach NLB
Neighborhood:
7northlongbeach
Listed Date:
Oct 3, 2026
Total Sq Ft:
6,941
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1962
7 – North Long Beach7northlongbeachNorth Long Beach Nlb
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Schools

Interior

Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
SDW, URB, CRB
Construction Materials
STC
Garage Spaces
6
Parking Spots
6
Parking Total
6
Spa Features
NO

Financial

Gross Operating Income
$206,916
Maintenance Fee
$12,137
Net Operating Income
$119,541
Tax Year
2025
Taxes
$18,693

Map

Community

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