# 1958 Pine, Long Beach, CA 90806 > **TL;DR:** 16bd/9ba multi-family, $2,030,000, built 1953. Est. $10,857/mo. Listed 177 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,030,000 | | Bedrooms | 16 | | Bathrooms | 9 full | | Year Built | 1953 | | Lot Size | 6,743 sqft (0.15 acres) | | Stories | 2 | | Property Type | Multi-Family (Apartment) | | Status | Active Under Contract | | Days on Market | 177 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $10,265 | | Estimated Insurance | $592 | | **Total** | **$10,857** | ## Property Highlights - Built in 1953 - 0.15 acre lot - 2 stories - 2 parking spaces ## Description ### Agent Description 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, 1958 Pine. Offering memorandum in supplemental materials. ## Location - **Address:** 1958 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 ![1958 Pine - Photo 1](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f3240797824r.jpg) ![1958 Pine - Photo 2](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f2269548850r.jpg) ![1958 Pine - Photo 3](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f2684341056r.jpg) ![1958 Pine - Photo 4](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f1898800716r.jpg) ![1958 Pine - Photo 5](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f4194024778r.jpg) ![1958 Pine - Photo 6](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f3994278384r.jpg) ![1958 Pine - Photo 7](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f1701990592r.jpg) ![1958 Pine - Photo 8](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f2328869872r.jpg) ![1958 Pine - Photo 9](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f2628972879r.jpg) ![1958 Pine - Photo 10](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f1417599062r.jpg) ![1958 Pine - Photo 11](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f832315872r.jpg) ![1958 Pine - Photo 12](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f1163418002r.jpg) ![1958 Pine - Photo 13](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f895659540r.jpg) ![1958 Pine - Photo 14](http://lh.rdcpix.com/fa07c16b1e03e7649adff2ab416e244cl-f3559822750r.jpg) --- **MLS#:** SB26098552 | **Updated:** 2026-10-28 **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/1958-pine-long-beach-ca-90806-f40a791105864c639ea4bfce24113250) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1958-pine-long-beach-ca-90806-f40a791105864c639ea4bfce24113250#listing", "url": "https://www.propertysimple.ai/listing/1958-pine-long-beach-ca-90806-f40a791105864c639ea4bfce24113250", "name": "1958 Pine, Long Beach, CA 90806", "description": "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, 1958 Pine. 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