South Wrigley 8-Unit Turnkey Multifamily Property
Built in 1979 with two new ADUs added in 2025, this stabilized, meticulously maintained 8-unit property in the desirable South Wrigley neighborhood offers a rare investment opportunity. The building features (4) updated 2-bedroom units (2) updated 1-bedroom units and (2) modern 2-bedroom ADUs, all in excellent condition.
The main building’s units have been fully renovated with new cabinetry, countertops, ceramic tile and laminate flooring, appliances, electrical, plumbing, finish carpentry, hardware, interior/exterior doors, windows, and fresh paint inside and out. The 2025-built all-electric, separately metered ADUs include in-unit laundry and dedicated split-unit air conditioners for added tenant comfort. Six rear garages were converted into the ADUs, with (4) parking spaces retained behind the building. The property also boasts a 2024-installed roof, upgraded block wall/fencing, and a new parking gate, all completed with permits. The main building units are also separately metered for gas and electricity.
Priced attractively at a sub-10.5X GRM and a 6.2% cap rate, this turnkey property is located on a charming, tree-lined residential street with head-in parking. It’s less than a mile from the 710 Freeway, under 2 miles from the 405, and just 2 miles north of the beach, offering unmatched convenience and appeal.
Sold for $2,070,000
Listed by: Buckingham Investments, Inc • Anthony Walker • Contact: 310-982-7055
Bought with: Buckingham Investments, Inc
$2,070,000
1883 Pine Ave, Long Beach, CA 90806
14beds
8baths
4,666sqft
Multi Family
Built in 1979
-- sqft lot
$2,074,100 Zestimate®
$444/sqft
$2,696 Estimated rent
Home value
$2,074,100
$1.89M - $2.28M
$2,696/mo
Zestimate® history
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List your homeWhat's special
Head-in parkingNew parking gateCharming tree-lined residential streetNew cabinetryIn-unit laundryFinish carpentryCeramic tile
Zillow last checked:
Listing updated:
Listed by:
Anthony Walker DRE #01908153 310-561-4776,
Buckingham Investments, Inc,
Josh Ess DRE #02035659 310-982-7055,
Buckingham Investments, Inc
Bought with:
Jeffrey Isenberg, DRE #02059354
Buckingham Investments, Inc
Source: CRMLS,MLS#: SB25222853
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Heating
- Ductless, Wall Furnace
Cooling
- Ductless
Appliances
- Included: Electric Oven, Electric Range, Gas Oven, Gas Range
- Laundry: Laundry Closet
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,666
- Total interior livable area: 4,666 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 6,768 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7209021002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Suburban
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Wrigley Area (Wr)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $444/sqft
- Date on market: 9/24/2025
- Cumulative days on market: 40 days
- Listing terms: Conventional
- Total actual rent: 16385
- Tenant pays: Electricity, Gas
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Sold | $2,070,000-1.2%$444/sqft |
Source:  CRMLS #SB25222853 Report a problem | ||
| 12/8/2025 | Pending sale | $2,095,000$449/sqft |
Source: CRMLS #SB25222853 Report a problem | ||
| 11/3/2025 | Contingent | $2,095,000$449/sqft |
Source: CRMLS #SB25222853 Report a problem | ||
| 9/24/2025 | Listed for sale | $2,095,000+55.2%$449/sqft |
Source: CRMLS #SB25222853 Report a problem | ||
| 5/15/2024 | Sold | $1,350,000-10%$289/sqft |
Source: CRMLS #TR24047549 Report a problem | ||
| 5/3/2024 | Pending sale | $1,500,000$321/sqft |
Source: CRMLS #TR24047549 Report a problem | ||
| 4/9/2024 | Contingent | $1,500,000$321/sqft |
Source: CRMLS #TR24047549 Report a problem | ||
| 3/9/2024 | Listed for sale | $1,500,000$321/sqft |
Source: CRMLS #TR24047549 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Wrigley
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Nearby schools
GreatSchools rating
- 5/10Robinson AcademyGrades: K-8Distance: 1.3 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$2,074,100
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Estimated market value
$2,074,100
- California
- Los Angeles County
- Long Beach
- 90806
- Wrigley
- 1883 Pine Ave
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