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$2,030,000
83 Days On Site

1958 Pine
Long Beach, CA 90806

For Sale|Multi Family|Active Under Contract
7
Beds
4
Total Baths

SqFt

/SqFt
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Malcolm Zeger of Buckingham Investments, Inc (626) 483-7983
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
1958 Pine1958 Pine1958 Pine1958 Pine
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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, 1952 Pine. Offering memorandum in supplemental materials.

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Listing Snapshot
Price 
$2,030,000
Days On Site 
83 Days
Bedrooms 
7
Inside Area (SqFt) 
0.0 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1548 Acres
Year Built 
N/A
MLS® Number 
SB26098552
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
Zoning 
Assessor
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Community Features
Financing Terms Available 
CashConventional
Listed by Malcolm Zeger of Buckingham Investments, Inc (626) 483-7983



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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