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5355 Pine Avenue

Long Beach, CA 90805
  • $1,290,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: OC26005118
$1,290,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Ben Lara of American Pacific Realty (714-963-4500)


Description

ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the City of Long Beach for their ADU garage conversion guidelines and permissibility.) This property is across the street from Addams Elementary School and is convenient to shopping, employment centers, and freeway access. The property is currently 100% tenant occupied.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171894828
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5355 Pine Avenue Long Beach, CA 90805

  • Price: $1,290,000
  • Status: Active
  • On Site: 67 Days
  • ID#: OC26005118
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1953
Built
Neighborhood:
Unknown
County:
Los Angeles
Area:
7 - North Long Beach
Property Description
ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the City of Long Beach for their ADU garage conversion guidelines and permissibility.) This property is across the street from Addams Elementary School and is convenient to shopping, employment centers, and freeway access. The property is currently 100% tenant occupied.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Corner Lot Number Of Separate Electric Meters 3 Parking Features AssignedGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Composition View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SuburbanSidewalks Current Financing Conventional Garage YN Yes Gross Income 69996 Gross Scheduled Income 69996 Insurance Expense 2261 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalFHA Net Operating Income 41895 New Construction YN No New Taxes Expense 15480 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 26001 Pest Control Expense 360 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2100 Vacancy Allowance Rate 3 Water Sewer Expense 6000 Water Source Public Zoning LBR34



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Ben Lara of American Pacific Realty (714-963-4500)