North Long Beach
5220 Pacific, Long Beach, CA 90805
Four-unit property with income potential in North Long Beach.
Type:Multifamily
Property size:
3,609 SFLot size:
0.17 AcresPrice / SF:
$331/SF- Added:
- May 1, 2026
- Days on Market:
- 32
- Last Refresh:
- May 20 at 4:56 am
Property Features for 5220 Pacific
General Information
- Standard status
- Active
- Size
- 3,609 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Listing agent Anthony Walker License #01908153
Listing office BUCKINGHAM INVESTMENTS
Listing date May 1, 2026
Source Crexi
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 BUCKINGHAM INVESTMENTS
HighLights
- Strong in‑place income with an 11.9 GRM and a 4.5% cap rate, plus 19.4% upside to rents and a market cap rate of 5.9%.
- Excellent unit mix: stand‑alone house (2 bed/1 bath) and three 2‑bedroom apartments.
- (4) separate garages offer off‑site parking, additional income, or ADU potential.
- Recent upgrades include a new roof (2025) and electrical upgrades to the main disconnect and service entrance.
- Convenient location: easy access to the 710 freeway and less than a mile from Bixby Knolls dining and shopping.
- Walkable neighborhood: close to The Pan, CVS, McDonalds, and other retail.
Overview
Located in North Long Beach on a tree-lined street, this fourplex features 3,609 rentable square feet on a 7,534 square foot lot. The property includes a stand-alone 2-bedroom, 1-bath house with new vinyl flooring and laundry hookups in the kitchen. Additionally, there are two townhouse-style units, one with 2 bedrooms and 1.5 baths, and another with 2 bedrooms and 2 baths, plus a fourth 2-bedroom, 1-bath apartment. The property has an existing income stream. There are four separate garages available for off-site parking, additional income, or potential for Accessory Dwelling Unit (ADU) development. The roof was replaced in 2025, and recent electrical upgrades have been made to the main disconnect and service entrance. The property is located blocks from the 710 freeway and less than a mile from dining and shopping in Bixby Knolls. The immediate neighborhood is walkable, with proximity to The Pan, CVS, McDonalds, and other retail establishments.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.4k | $27.00 |
| − Vacancy | −$4.2k | −$1.15 |
| EGI | $93.3k | $25.85 |
| − OpEx | −$28.0k | −$7.75 |
| NOI | $65.3k | $18.09 |
3,609 SF · lease $27.00/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$932.8K
$816.2K – $1.09M
NOI $65,298 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$861.2K
$753.5K – $1.00M
NOI $60,281 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$1.08M
$945.9K – $1.26M
NOI $75,668 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1981203
- Latitude
- 33.8508893
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with income potential in North Long Beach.
Where is this quadplex located?
The property is located at 5220 Pacific Long Beach, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Strong in‑place income with an 11.9 GRM and a 4.5% cap rate, plus 19.4% upside to rents and a market cap rate of 5.9%.; Excellent unit mix: stand‑alone house (2 bed/1 bath) and three 2‑bedroom apartments.; (4) separate garages offer off‑site parking, additional income, or ADU potential.
