5355 Pine Ave Long Beach, CA 90805
Addams NeighborhoodEstimated payment $7,407/month
Highlights
- Corner Lot
- 4 Car Garage
- 3-minute walk to Grace Park
- No HOA
- 1-Story Property
About This Home
ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the City of Long Beach for their ADU garage conversion guidelines and permissibility.) This property is across the street from Addams Elementary School and is convenient to shopping, employment centers, and freeway access. The property is currently 100% tenant occupied.
Listing Agent
American Pacific Realty Brokerage Phone: 714-793-3999 License #00879626 Listed on: 01/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 7,052 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,855 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Additional Features
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 309
- Tax Tract Number 5134
- Assessor Parcel Number 7131002028
- $744 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,600
- Insurance Expense $2,261
- Pest Control $360
- Water Sewer Expense $6,000
- New Taxes Expense $15,480
- Operating Expense $26,001
- Gross Income $69,996
- Net Operating Income $41,895
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,428 | $363,638 | $109,078 | $254,560 |
| 2024 | $5,182 | $356,509 | $106,940 | $249,569 |
| 2023 | $5,093 | $349,520 | $104,844 | $244,676 |
| 2022 | $4,800 | $342,668 | $102,789 | $239,879 |
| 2021 | $4,689 | $335,950 | $100,774 | $235,176 |
| 2020 | $4,676 | $332,506 | $99,741 | $232,765 |
| 2019 | $4,623 | $325,987 | $97,786 | $228,201 |
| 2018 | $4,402 | $319,596 | $95,869 | $223,727 |
| 2016 | $4,042 | $307,189 | $92,148 | $215,041 |
| 2015 | $3,888 | $302,575 | $90,764 | $211,811 |
| 2014 | $3,877 | $296,649 | $88,987 | $207,662 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | For Sale | $1,290,000 | -- | $452 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26005118
APN: 7131-002-028
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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