5355 Pine Avenue

Long Beach , CA 90805

MLS#: OC25160185

$1,290,000

Status: Active
Listing number: OC25160185
Listing provided by: American Pacific Realty
Listing agent phone: None
Last update: 10 hours ago
New on site 1 day ago
Browse Properties
Unknown - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Parking

    Assigned, Garage

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.1619

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $1,290,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    309

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Ben Lara , American Pacific Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

5355 Pine Avenue

Message successfully sent.

What would you like to know?

Related Properties

New on site today
BEST PRICE IN TOWN! ATTENTION INVESTORS...... HERE IS THE PERFECT LAYOUT AS WELL AS AN INCREDIBLE FINANCIAL OPPORTUNITY FOR AN ABUNDANT MINDSET FAMILY OR INVESTOR.!!!! GREAT INCOME! Opportunities Come and Go, don't let this one pass you by. - The Front house is very spacious plus it has 4 bedrooms 2 bath with a spacious private green garden front yard. - The rear building consist of 4 units. They are performing excellent plus they are far enough from the front house making it it very private and appealing.
#DW25168077

Long Beach

1021 E 12th Street

None Beds

None Baths

3,498 Sq.Ft.

$1,175,000

MLS#: DW25168077

New on site 1 day ago
We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
#SB25166153

Long Beach

1424 Coronado Avenue

None Beds

None Baths

2,592 Sq.Ft.

$1,250,000

MLS#: SB25166153

New on site 3 days ago
4 renovated units located in downtown Long Beach, with gross scheduled rents over $110,000 per year! Attractively priced at 12.47 GRM and a 5.3% cap rate with upside to 10.15 GRM and 7.0% pro forma cap rate!! The current owners have invested over $150,000 into property improvements, making it perfect for a turnkey investor. The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! The property is individually metered for gas and electricity. Reach out today!
#SB25164581

Long Beach

801 Atlantic Avenue

None Beds

None Baths

3,312 Sq.Ft.

$1,389,000

MLS#: SB25164581

New on site 4 days ago
6 unit, single story building. 5 garages. Newly painted exterior. Copper plumbing throughout. Upside on the rents.
#PW25164112

Long Beach

1727 Pine Avenue

None Beds

None Baths

3,423 Sq.Ft.

$1,199,000

MLS#: PW25164112

Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Asking $1,399,000 Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unit apartment building, listed at $1,399,000, offers the ultimate in location and income potential, with the beach a mere seven blocks away – perfect for enjoying sun, surf, and seaside strolls. The property boasts a desirable unit configuration, including a charming front 2-bedroom, 2-bathroom house complete with a 2-car garage and two extra parking spots. Ideal setup for owner occupant seeking cashflow. The rear structure houses four well-appointed units, consisting of studios and one bedrooms, designed for broad appeal in Long Beach's thriving rental market. Property is well maintained with multiple upgrades and remodeling throughout. Added income is generated from the convenient on-site laundry room. Beyond its proximity to the Pacific Ocean, this address provides effortless access to an array of amenities. Residents will appreciate the short distance to California State University, Long Beach (CSULB), as well as the eclectic mix of restaurants, boutiques, and entertainment found along the renowned 4th Street corridor. Embrace the quintessential Long Beach lifestyle in this exceptional income-generating property. Easy show and sell.
#DW25162596

Long Beach

2415 E 7th Street

None Beds

None Baths

3,133 Sq.Ft.

$1,399,000

MLS#: DW25162596

On acreage that had previously been home to pasture and training facilities for his family's thoroughbred racehorses, architect Clifton Jones Jr. developed a tract of distinguished garden home duplexes. Named Cerritos Circle, its modernist post and beam designs display the influences of his studies at the USC School of Architecture. The single story, "Plan A" model features a steeply pitched roof at its center, which shelters expansive open plan layouts under lofty beamed ceilings. The side by side 2 BD / 2 BA homes live more like custom single family residences than attached units. A central block wall divides them, with floor to ceiling sliding doors and glass walls that face entry courtyards in the front and separate fenced patio/garden areas at the back. These private patios expand the living spaces outward dramatically. Its east facing courtyard and family room are bathed in morning light, with the west facing living/dining area and back patio sunlit in the afternoon. An updated plan kitchen workspace is at each home's center, with adjacent stackable laundry. Bedrooms feature spacious closets and each has its own en-suite bath. Both units include a carport as well as a private direct access garage with a laundry area. Well situated in Long Beach's desirable Los Cerritos neighborhood- known for its tree lined streets, historic homes, excellent school district, adjacent Dominguez Gap Wetlands, and an incredibly quiet, peaceful atmosphere. A vast array of options for shopping, restaurants, and breweries are all in close proximity. Centrally located with easy freeway access for commutes to both Los Angeles and Orange County, and less than 1.5 miles from a metro station.
#25566833

Long Beach

4172 Del Mar Avenue

4 Beds

None Baths

2,414 Sq.Ft.

$1,480,000

MLS#: 25566833

Prime Investment Opportunity With High Income in a Desirable Long Beach Location. Don't miss this chance to own this high performing 4+ units in one of most sought-after neighborhood. This well-maintained quadruplex offers strong rental income and an unbeatable location, ideal for both investors and first time buyers. The front building is a stand-alone home with its own front-yard and driveway, perfect for an owner-user or premium tenants. The rear structure is a three-level building. The ground level includes a secured parking garage for all units and a convenient in-house laundry room. The second and third floors each provides two spacious units, for a total of 4 additional units. Each units has two bedrooms and one and half bathrooms, generous living space, open kitchen, and sliding doors to a private balconies. Most units are in excellent condition, providing immediate rental income with minimal up-keep.
#AR25152129

Long Beach

2246 EARL Avenue

None Beds

None Baths

4,516 Sq.Ft.

$1,300,000

MLS#: AR25152129

GREAT INVESTMENT OPPORTUNITY!!! This wonderful craftsman property features 4 units located in the highly desirable Alamitos Bay area of Downtown Long Beach. The property consists of four one bedroom, one bathroom units that are about 500 square feet and have been well maintained. The floors and kitchens have recently been updated. The property boasts a walk score of 92 and a bike score of 93 and is located within walking distance from all the best that Downtown Long Beach has to offer. All the units are individually metered for electricity and gas with individual water heaters for each unit.
#AR25160658

Long Beach

541 Cerritos Avenue

None Beds

None Baths

1,980 Sq.Ft.

$1,200,000

MLS#: AR25160658

Good residential Income property. Located in a high demanding rental part of Long Beach City. Property is locating couple miles to the beach. Cal State Long Beach, 18 Golf Course, VA Hospital is near by. Property has a large four units: each units is 3Beds and 2 Baths. Located to near by shopping and walking distance to restaurant and public transportation.
#PW25156975

Long Beach

1426 Rose Ave

None Beds

None Baths

4,676 Sq.Ft.

$1,490,000

MLS#: PW25156975

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here