# 1952 Pine, Long Beach, CA 90806

> **TL;DR:** 8bd/0ba multi-family, $1,565,000, built 1940. Est. $8,369/mo. Listed 176 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,565,000 |
| Bedrooms | 8 |
| Year Built | 1940 |
| Lot Size | 6,743 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 176 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,913 |
| Estimated Insurance | $456 |
| **Total** | **$8,369** |

## 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 · **License:** 02013882
- **Brokerage:** Buckingham Investments, Inc.
- **Broker Phone:** (562) 208-4890

## Photos

![1952 Pine - Photo 1](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f2058411120r.jpg)

![1952 Pine - Photo 2](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f4008893463r.jpg)

![1952 Pine - Photo 3](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f2079191646r.jpg)

![1952 Pine - Photo 4](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f2144085582r.jpg)

![1952 Pine - Photo 5](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f933132821r.jpg)

![1952 Pine - Photo 6](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f213177982r.jpg)

![1952 Pine - Photo 7](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f2182263515r.jpg)

![1952 Pine - Photo 8](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f1633074393r.jpg)

![1952 Pine - Photo 9](http://lh.rdcpix.com/5e103a5a41caa3d7e84dc5c01484983el-f3781846782r.jpg)

---

**MLS#:** SB26098488 | **Updated:** 2026-10-27
**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.ai/listing/1952-pine-long-beach-ca-90806-5ba6ee44c5134ad18a4755570e985615)

---

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