N/A
Bedrooms
Sold for $2,030,000 · Oct 2026
SOLDLong Beach, CA
MLS# SB26098552
Malcolm Zeger
Listing Agent
Buckingham Investments, Inc
DRE #: 02013882
Brokerage: Buckingham Investments, Inc
N/A
Bedrooms
N/A
Bathrooms
7,108 sqft
Square Feet
1953
Year Built
6,742 sqft
Lot Size
$286
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Apartment
Property Type
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.
Listing description from the October 2026 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
1 recorded sale
1958 Pine sold for $2,030,000 in October 2026, at its full list price, after 78 days on the market. Across 78 closed sales in 90806 over the last 12 months, the median sold price is $844,000 and the median is $592 per square foot.
| Quarter | Closed sales in 90806 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $832,500 |
| Q2 2026 | 33 | $850,000 |
| Q3 2026 | 34 | $840,000 |
| Q4 2026 | 7 | $830,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90806
Closed sales reported in 90806, nearest first, last 12 months. All recent sales in Long Beach →
1958 Pine
Contact Malcolm Zeger
Contact via Nalren messaging
Contact Listing Agent
Buckingham Investments, Inc
DRE #02013882
Contact information is not available for this listing.