FOR SALENew Listing
1626 Pacific Avenue
Long Beach, CA 90813
12 Beds
16 Baths
6,476 Sq Ft
Built 1922
$2,225,000
Property Overview
Prime Long Beach 15 unit residential property on a 11,311sf lot. This property is excellent for a cash flowing investment OR development. Six units intentionally left vacant for ease of development, if desired. Property has 8 single car garages that could potentially be converted into ADUs. Current income (with vacant units counted at pro-forma rents) puts the property at 7.98 cap rate. Get to 9.7 cap rate at full pro-forma rents! Units have tankless water heaters. Agents MUST read private notes.
Home Details
- Property type
- Residential Income
- Year built
- 1922
- Living area
- 6,476 sq ft
- Lot size
- 11,311 sq ft
- Parking
- 8 spaces
- Garage
- 8 spaces
- Stories
- 1
- Days on market
- 8
- MLS status
- Active
- Architectural style
- SeeRemarks
- Zoning
- LBR4R
Features & Amenities
Pool
- None
Community, Schools & Utilities
Community
- View
- None
Schools
- School district
- Long Beach Unified
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
- Sewer
- SewerTapPaid
Location & Neighborhood
Frequently Asked Questions About 1626 Pacific Avenue
Property type: Residential Income
The current asking price is $2,225,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1626 Pacific Avenue. Our team will confirm availability and timing.
This 12 bedrooms and 16 bathrooms property offers approximately 6,476 square feet of living space. It was built in 1922. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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