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$1,175,000
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Property Description
Great 4-plex in North Long Beach tucked on a tree lined street with 3,609 rentable square feet on a 7,534 square foot lot. Excellent unit mix with a front stand-alone 2 bed/1 bath house featuring new vinyl flooring along with laundry hookups in the kitchen plus two back town house style units (2 bed/1.5 bath and 2 bed/2 bath) and a 4th apartment (2 bed/1 bath). Strong in-place income with an 11.9 GRM and a 4.5% cap rate with a 19.4% upside to rents and a market cap rate of 5.9%. (4) separate garages for off-site parking, additional income, or ADU potential. The roof was replaced in 2025 and there were recent electrical upgrades to the main disconnect and service entrance.
Easy access to the 710 freeway being just blocks away. Less than a mile from Bixby Knolls dining and shopping. Walkable immediate neighborhood, just blocks from The Pan, CVS, and McDonald's, and other retail.
Full Property Details
Full Property Details for 5220 Pacific
General
- Sold For: $1,175,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26098969
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Unfurnished
- Fireplace(s): Family Room
- Appliances: Water Heater
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage (Single Door)
- Parking: Garage (Single Door)
Location
- Area: 7 - North Long Beach
- County: Los Angeles
- Development Name: 7 - North Long Beach
- Driving Directions: East side of Pacific Ave, just North of E 52nd St.
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Contemporary
- Foundation: Raised, Slab
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,609
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.173
- Lot Size Source: Public Records
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $325.57
- Price Per Unit: 298750
Listed by Buckingham Investments, Inc, Anthony Walker and Buckingham Investments, Inc, Josh Ess
Sold by California Financial & RE Ctr, Shawn Ros
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Price & Sales History for 5220 Pacific
Date
Details
Price
Change
Source
6/17/2026
Sold
$1,175,000
-1.67%
MLS
5/08/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5220 Pacific, Long Beach, CA 90805 (MLS# SB26098969) is a Multi-Family property that was sold at $1,175,000 on June 17, 2026. Want to learn more about 5220 Pacific? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

