Property Details
About this Property
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
MLS Listing Information
MLS #
CRSB25222853
MLS Source
California Regional MLS
Interior Features
Appliances
Oven - Electric, Oven - Gas, Oven Range - Electric, Oven Range - Gas
Flooring
Laminate
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: –
Co-Listing Agent
Josh Ess
License #: 02035659
Phone: (310) 982-7055
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1883 Pine is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 6,768 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,095,000 and was built in 1979. This address can also be written as 1883 Pine, Long Beach, CA 90806.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Anthony Walker
