Listed by Tyler Leeson, Marcus & Millichap RE Invest
$2,125,000
- 5 Beds
- 12 Baths
- 6,142 sqft
1111 Pine Ave, Long Beach, CA 90813
Est. Mortgage $13,430/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1922
$346/sqft
Garage
Local Information
-- mins to
About this House
1111 Pine Avenue is a 12-unit multifamily investment opportunity located in Long Beach, California. Built in 1922, 1111 Pine Avenue features a unit mix of 7 studios and 5 1-bed/1-bath units totaling approximately 6,142 square feet of net rentable area. The property offers a gated central courtyard, on-site laundry facility and 4 garage parking spaces. The property has benefited from extensive improvements under current ownership, with most units substantially renovated as vacancies occurred over roughly the last decade. Five units have been recently renovated with all-new kitchens and bathrooms, including 4 currently vacant units whose renovations were just completed and are positioned to be leased at current market rental rates. Renovated interiors feature a mix of updated cabinetry, countertops and flooring as well as recessed lighting, with finishes varying by unit. Ownership has also invested in the building’s major systems, including new copper plumbing and updated electrical. Together with the extensive interior renovation history, these improvements represent meaningful capital investment in the property and provide a stronger physical foundation for future ownership. Current rents remain below prevailing market levels, providing additional long-term income growth potential. More immediately, the 4 newly renovated vacant units allow an incoming owner to establish market rents on one-third of the property at acquisition. Combined with the substantial improvements already completed throughout the building, 1111 Pine Avenue offers a compelling balance of current condition, near-term lease-up potential and longer-term rental upside.
Home Details for 1111 Pine Ave
|
|---|
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 12 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: First level |
|
|---|
Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
|
|---|
Days on Market: <1 day on Trulia |
|
|---|
Year Built Year Built: 1922 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7273005038 |
|
|---|
Price List Price: $2,125,000Price Per Sqft: $346 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: Long BeachCommunity: Other |
|
|---|
Listing Agent Listing ID: OC26199510 |
|
|---|
Building Area Building Area: 6142 Square Feet |
|
|---|
Community Features: Curbs, Gutter(s), Street Lights, SidewalksNot Senior Community |
|
|---|
Association for this Listing: California Regional MLS |
|
|---|
Lot Area: 7405.2 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
|
|---|
No Rent Control |
|
|---|
Mls Number: OC26199510Living Area Range Units: Square FeetAttribution Contact: tleeson@marcusmillichap.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7273005038-R-N |
|
|---|
CurbsGutter(s)Street LightsSidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Willmore City
At least 159 Trulia users voted on each feature.
95 % Say there are sidewalks
82 % Say it's dog friendly
75 % Say it's walkable to restaurants
75 % Say it's walkable to grocery stores
65 % Say car is needed
55 % Say there's holiday spirit
53 % Say streets are well-lit
51 % Say yards are well-kept
50 % Say kids play outside
48 % Say neighbors are friendly
45 % Say people would walk alone at night
44 % Say there's wildlife
42 % Say they plan to stay for at least 5 years
34 % Say it's quiet
31 % Say there are community events
15 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $1,760,000 | 07/02/26 | 4 | 8 | 5,498 | |
0.10 | Multi-Family Home | $1,330,000 | 07/27/26 | 11 | 6 | 4,860 | |
0.16 | Multi-Family Home | $2,280,000 | 10/06/25 | 15 | 12 | 7,166 | |
0.15 | Multi-Family Home | $2,705,000 | 09/01/26 | 13 | 13 | 7,836 | |
0.36 | Multi-Family Home | $2,140,000 | 11/13/25 | 12 | 12 | 6,402 | |
0.12 | Multi-Family Home | $2,300,000 | 08/27/26 | 19 | 16 | 8,818 | |
0.26 | Multi-Family Home | $1,890,000 | 05/13/26 | 14 | 9 | 6,395 | |
0.31 | Multi-Family Home | $1,400,000 | 02/26/26 | 8 | 4 | 5,308 | |
0.32 | Multi-Family Home | $2,020,000 | 04/29/26 | 14 | 10 | 6,922 | |
0.36 | Multi-Family Home | $920,000 | 05/26/26 | 5 | 4 | 2,668 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $358,700 | 1 | 2 | 731 | Off Market | |
0.05 | $416,100 | 1 | 2 | 731 | Off Market | |
0.05 | $398,600 | 1 | 1.5 | 731 | Off Market | |
0.05 | $399,000 | 2 | 2 | 869 | For Sale | |
0.05 | $406,800 | 1 | 2 | 731 | Off Market | |
0.05 | $407,700 | 2 | 2 | 869 | Off Market | |
0.10 | $1,330,000 | 11 | 6 | 4,860 | Recently Sold | |
0.10 | $1,020,000 | 4 | 2 | 2,562 | Recently Sold | |
0.09 | $1,760,000 | 4 | 8 | 5,498 | Recently Sold | |
0.12 | $1,850,000 | 8 | 7 | 4,583 | For Sale | |
0.11 | - | 12 | 7 | 4,766 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2026 Source: CRMLS #OC26199510 | Listed For Sale | $2,125,000 |
Jan 18, 2002 Source: N/A | Sold | $337,500 |
Mar 18, 1998 Source: N/A | Sold | $205,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $915,904 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tyler Leeson, Marcus & Millichap RE Invest

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. as of 2026-09-11 00:47:25 PDT 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-11 00:47:25 PDT 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
Similar Homes You May Like
New Listings near 1111 Pine Ave
Frequently asked questions about 1111 Pine Ave
- What is the estimated monthly payment for 1111 Pine Ave?Based on a $2,125,000 list price with 20% down at today's rates, the estimated monthly payment for 1111 Pine Ave in Long Beach, CA is approximately $13,531 (about $11,366 principal & interest, $2,090 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1111 Pine Ave compare to homes in Long Beach?1111 Pine Ave in Long Beach, CA is listed at $2,125,000, about 160% above the $818K median sale price in Long Beach.
- What do residents say about the Willmore City neighborhood?Residents describe the Willmore City neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Willmore City, Long Beach.
- What are the closest schools to 1111 Pine Ave?The closest schools to 1111 Pine Ave in Long Beach, CA are Polytechnic High School (rated 7/10), Roosevelt Elementary School (rated 5/10), Washington Middle School (rated 4/10).
- Does 1111 Pine Ave have laundry facilities?Yes, 1111 Pine Ave in Long Beach, CA has laundry facilities.
1111 Pine Ave, Long Beach, CA 90813 is a 5 bedroom, 12 bathroom, 6,142 sqft multi-family built in 1922. 1111 Pine Ave is located in Willmore City, Long Beach. This property is currently available for sale and was listed by CRMLS on Sep 11, 2026. The MLS # for this home is MLS# OC26199510.

