2045 Pine

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

2045 Pine

Long Beach, CA 90806
Asking Price
$2.21M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Long Beach
  • Asset features a total of eight individual residential units
  • Priced at two million two hundred five thousand dollars
  • Located within the 90806 ZIP code in Southern California
  • Suitable for investors targeting stabilized apartment building assets

What's Special

This multifamily property in Long Beach, California, is available for sale and represents a functional addition to a portfolio for investors seeking an apartment building asset. Comprising eight units, the building is situated in the 90806 ZIP code, positioning it within a dense urban submarket known for its proximity to major Southern California transit corridors and regional employment hubs. The property provides consistent rental housing options in a market that maintains high demand for residential space due to the surrounding diverse economic base. Long Beach continues to serve as a critical component of the regional housing landscape, offering strong connectivity to coastal logistics and trade centers. Given the asset type and scale, this location is well-suited for long-term hold strategies or value-add repositioning programs. Investors will find that the established character of this Long Beach neighborhood supports a stable tenant base, making it a professional choice for those focused on expanding their holdings in established California multifamily markets.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.63%
DSCR
0.61
Underwater
Cash-on-Cash
-7.70%
Monthly Payment
$10,909.137
Annual Cash Flow
$-50,909.643

Location & Travel Times