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    5355 Pine Ave Long Beach, CA 90805

    For Sale
    $1,290,000

    Triplex in residential neighborhood with rental upside potential.

    Lot size:
    0.16 Acres

    Property Features for 5355 Pine Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1953

    Source: American Pacific Realty Agent Ben Lara

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Beach Triplex Investment Opportunity

    This triplex investment property features three units, each with 2 bedrooms and 1 bathroom. The property is located in a residential neighborhood with good rental demand. There is potential for increased rental income. The property also presents the possibility of converting the garage into an accessory dwelling unit (ADU), subject to the City of Long Beach's ADU garage conversion guidelines and permissibility. The property is situated across the street from Addams Elementary School and offers convenient access to shopping, employment centers, and freeways. The property is currently 100% tenant occupied.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1919215
    Latitude
    33.8535202

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    FAQs

    What type of property is this?
    Triplex - Triplex in residential neighborhood with rental upside potential.
    Where is this triplex located?
    The property is located at 5355 Pine Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Triplex investment property with three 2-bedroom, 1-bathroom units.; - 100% tenant occupied, providing immediate rental income.; - Upside potential in rents.
    (714) 963-4500
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    5355 Pine Ave Long Beach, CA 90805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5355 Pine Ave Long Beach, CA 90805
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