Two-Unit Duplex with Remodeled
New
For Sale
$2,495,000
4057 Pine, Long Beach, CA 90807
A 3-bedroom front residence and a separate garage-top apartment provide distinct living spaces.
Property Size3,312 SF
Price / SF$753.32
Days on Market4
Property Features for 4057 Pine
General Information
Standard status
Active
Size
3,312 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
Los Cerritos
Units
Unit Mix
1 x 3BR/3BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
wood burning fireplace
recessed lighting
stainless steel appliances
ceiling fans
patios
Building Details
Building Size
3,312 SF
Year Built
1918
Listing Agency:
Infinite Sun Realty
Listed By:
Lidia Benchat · License #01238634
Source:
Velocityrealtysd
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Infinite Sun Realty
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Investment Insights
Based on property information with market context.
This duplex contains 3,312 square feet across two residences. The front house offers three bedrooms and three bathrooms, with all bedrooms upstairs, including two main bedrooms. Its interior features a wood-burning fireplace, recessed lighting, upgraded flooring, a separate dining room, and an eat-in kitchen with stainless appliances, a pantry, and an island. Sliding doors connect the living room to the front and side areas, while bedroom patios open to the front patio and backyard. A custom closet with a window is located in one main bedroom.
Above the garage, the second unit has one bedroom and one bathroom, along with upgraded finishes, ceiling fans, and patios. Both residences were recently remodeled. The property was built in 1918 and is in Long Beach’s Cerritos area.
Above the garage, the second unit has one bedroom and one bathroom, along with upgraded finishes, ceiling fans, and patios. Both residences were recently remodeled. The property was built in 1918 and is in Long Beach’s Cerritos area.
Key Highlights
- Two residences totaling 3,312 square feet
- Front house has 3 bedrooms and 3 bathrooms
- Garage‑top unit includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,210
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,200
$1.4M
Cap Rate 7%
$1,017,286
$1.0M
Cap Rate 9%
$791,222
$791.2K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$107.3K $32.40/SF
− Vacancy
−$5.6K −$1.68/SF
EGI
$101.7K $30.72/SF
− OpEx
−$30.5K −$9.21/SF
NOI
$71.2K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,200
Cap Rate 7%
$1,017,286
Cap Rate 9%
$791,222
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$890.1K – $1.19M
NOI $71,210 @ 7.0% cap · market cap 2.85%
Second Best
Apartment 5plus
$904.8K
$791.7K – $1.06M
NOI $63,337 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,126 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,321
Businesses Nearby
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Business Placement
Demographics for 90807, CA
32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A 3-bedroom front residence and a separate garage-top apartment provide distinct living spaces.
Where is this duplex located?
The property is located at 4057 Pine Long Beach, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Two residences totaling 3,312 square feet; Front house has 3 bedrooms and 3 bathrooms; Garage‑top unit includes 1 bedroom and 1 bathroom
