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1952 Pine
For Sale $1,565,000
$1,565,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,742 Sq Ft
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! Available for sale with neighboring property, 1958 Pine. Offering memorandum in supplemental materials.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,565,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7209017012 |
| MLS # | SB26098488 |
| Property ID | 322823426 |
| Lot Sqft | 6,742 |
| Zoning | Unknown |
| Total Units | 8 |
| Days on Market | 4 |
| Original List Price | $1,565,000 |
| Date Updated | May 06, 2026 |
| Date Created | May 05, 2026 |
Listing Provided By
Malcolm Zeger an agent of . Lic #02013882
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 06, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT