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$1,565,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1952 Pine

General

  • Price: $1,565,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26098488
  • Updated: 5/12/2026
  • Days on Market: 23 days
  • Added to Site: 23 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Location

  • Area: 5 - Wrigley Area
  • County: Los Angeles
  • Development Name: 5 - Wrigley Area
  • Driving Directions: North of PCH, East side of Pine.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Entry Location: Front
  • Square Feet: 5,490
  • Year Built: 1940

Unit Information

Unit 1

  • Number of Units: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1548
  • Lot Size (Sq. Ft.): 6,742
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $285.06
  • Price Per Unit: 195625

Listed by Buckingham Investments, Inc, Malcolm Zeger

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Listing agent

— 1952 Pine —

  • Malcolm Zeger

    Buckingham Investments, Inc

626-483-7983

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1952 Pine

School District:Long Beach Unified School District
NameGradesDistance
Robinson Academy
1400 East 20th Street, Long Beach, CA 90806
K-81 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1952 Pine Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$1,565,000
-3.4%
MLS
5/04/2023
Sold
$1,620,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1952 Pine

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,982
45%
$1,685,448
43%
2023
$15,850
6%
$1,176,467
2%
2022
$14,889
2%
$1,153,416
2%
2021
$14,575
—
$1,130,816
1%
2020
$14,536
1%
$1,119,230
2%
2019
$14,367
72%
$1,096,500
80%
2018
$8,332
1%
$608,529
2%
2017
$8,244
8%
$596,598
2%
2016
$7,656
4%
$584,901
2%
2015
$7,363
—
$576,116
2%
2014
$7,339
3%
$564,832
—
2013
$7,123
—
$562,280
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1952 Pine

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Buckingham Investments, Inc, Malcolm Zeger

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1952 Pine, Long Beach, CA 90806 (MLS# SB26098488) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1952 Pine is currently listed for $1,565,000 and was received on May 06, 2026. Want to learn more about 1952 Pine? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.

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