$2,205,000
2045 Pine, Long Beach CA 90806
Multi-Family (8 Units)
Property type
15 days
On market
$295
Price per sqft
5 cars
Garage
1954
Year built
7,477 sqft
Lot size
Home highlights
Open Houses
Overview
This balcony style building has been well maintained and boasts a strong community for long- term tenants. Located in the Wrigley area, offering 5 garages.
Listing provided by: Stephanie St Pierre DRE #00688286 714-404-6411, Seven Gables Real Estate
Listing updated: May 22, 2026 at 12:44am.
Last checked: Jun 5, 2026 at 09:00am
Source: CRMLS #OC26080679
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,955 | $1,955 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,440 | $1,440 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,645 | $1,645 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,515 | $1,515 | $1,800 | Unfurnished |
| 1 | 2 | 1 | — | $2,050 | $2,050 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,475 | $1,475 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,600 | $1,600 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,575 | $1,575 | $1,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 9
Separate Gas Meters: 8
Separate Water Meters: 1
Ranges: 8
Rent Control: Yes
Units Leased: 8
Total Actual Rent: $13,255
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.8x
List Price / Annual Gross Rent
Cap Rate
6.12%
NOI / List Price
Gross Scheduled Income: $160,000
Operating Expense: $25,000
Net Operating Income: $135,000
Annual Operating Expenses
Electric: $1,200
Gardener: $1,200
Fuel: $0
Insurance: $9,000
Professional Management: $0
Trash: $1,200
Water / Sewer: $1,000
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: None
Appliances: Free Standing Range
Fireplace: Living Room
Laundry: Common Area
Entry Location: 1
Exterior
Architectural Style: Mid Century Modern
Property Attached: Yes
Stories Total: 2
Levels: Two
Foundation: Slab
Window Features: Screens
Construction Materials: Shingle Siding, Stucco
Property Condition: Turnkey
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Front Yard
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected
View: Neighborhood
Road Frontage Type: City Street
Road Surface Type: Alley Paved
Garage and Parking
Parking: Assigned, Garage, On Street
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7209019018
Additional Parcels: No
Tax Lot: 9
Tax Block: D
Subdivision: Wrigley Area (WR)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights
Nearby Schools
Nearby schools around the 2045 Pine, Long Beach, CA 90806. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,764,000
Total Interest
$2,249,885
Total Payment
$4,013,885
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,597
per month
Property History for 2045 Pine
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90806.
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