5355 Pine Avenue, Long Beach, California 90805, Long Beach, 90805 - bed, bath
5355 Pine Avenue
Long Beach, California 90805
Property Price
SUMMARY
Analysis of 5355 Pine Avenue, Long Beach, California 90805 is currently available with a list price of $1,290,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1953, this triplex is functional and fully occupied but shows signs of aging infrastructure typical of its era. Marketed as a 'value-add' investment with 'upside potential,' the property likely features dated kitchens and bathrooms. While maintained enough for occupancy, it lacks recent major renovations and requires modernization to reach current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
The property offers significant upside through potential rent increases and the opportunity to convert the existing garage into an Accessory Dwelling Unit (ADU), maximizing long-term ROI.
- Strategic Location
Situated directly across from Addams Elementary School and near major freeways and shopping centers, the location ensures high rental demand and convenience for tenants.
- Desirable Unit Mix
The triplex features a consistent mix of three 2-bedroom, 1-bathroom units, which is a highly marketable configuration for families and long-term renters in the Long Beach area.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1953, the property may require capital improvements or modernization of major systems to maintain competitiveness and meet modern efficiency standards.
- Immediate Management Constraints
With the property currently 100% tenant-occupied, the new owner faces limitations on immediate renovations or the ability to reset all units to market-rate rents simultaneously.
About 5355 Pine Avenue
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1953
- Lot Size
- 7,052 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,855 | 1,816.5 | 77% |
| Lot Size | 7,052 | 5,116 | 81% |
| Price | $1.29M | $952.1K | 81% |
| Price per sq ft | $452 | $509 | 35% |
| Built year | 1953 | 1949 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 185 | 4% |
Pricing History
Listed for Sale
Jan 8, 2026
$1,290,000
Initial Listing