# 1952 Pine, Long Beach, CA 90806

> **TL;DR:** 8bd/0ba multi-family, $1,565,000 ($285/sqft), built 1940, 5,490 sqft. Est. $6,782/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,565,000 |
| Price/sqft | $285 |
| Bedrooms | 8 |
| Square Feet | 5,490 |
| Year Built | 1940 |
| Lot Size | 6,742 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,782 |
| **Total** | **$6,782** |

## Property Highlights

- Built in 1940
- 0.15 acre lot
- 2 stories

## Description

### Agent Description
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!

## Location

- **Address:** 1952 Pine, Long Beach, CA 90806
- **County:** Los Angeles
- **Neighborhood:** Wrigley Area (WR)

## Listing Agent

- **Name:** Malcolm Zeger
- **Brokerage:** Buckingham Investments, Inc
- **Phone:** 6264837983
- **Email:** malcolm.zeger@buckinghaminvestments.com

## Primary Photo

![1952 Pine - Primary Photo](http://lh.rdcpix.com/62364ce45df902f0a1042a7e68702837l-f3455953464r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/1952-pine-long-beach-ca-90806-26098488)*

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**MLS#:** SB26098488 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1952-pine-long-beach-ca-90806-26098488)

---

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  "description": "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 ",
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