$1,290,000
5355 Pine Avenue, Long Beach CA 90805
Multi-Family (Triplex)
Property type
148 days
On market
$452
Price per sqft
4 cars
Garage
1953
Year built
7,052 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Ben Lara DRE #00879626, American Pacific Realty
Listing updated: Feb 23, 2026 at 11:53pm.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #OC26005118
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,866 | $1,866 | $2,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,993 | $1,993 | $2,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,974 | $1,974 | $2,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
3.25%
NOI / List Price
Gross Scheduled Income: $69,996
Vacancy Allowance: $2,100
Vacancy Allowance Rate: 3%
Operating Expense: $26,001
Net Operating Income: $41,895
Annual Operating Expenses
Gardener: $1,600
Insurance: $2,261
Licenses: $300
New Taxes: $15,480
Pest Control: $360
Trash: $0
Water / Sewer: $6,000
Interior
Cooling: None
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Roof: Composition
Common Walls: No Common Walls
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Assigned, Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7131002028
Additional Parcels: No
Tax Lot: 309
Zoning: LBR34
Subdivision: Unknown
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban, Sidewalks
Nearby Schools
Nearby schools around the 5355 Pine Avenue, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,032,000
Total Interest
$1,316,259
Total Payment
$2,348,259
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,017
per month
Property History for 5355 Pine Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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