1626 Pacific Avenue, Long Beach, CA 90813
Local realty services provided by:CENTURY 21 LOTUS
1626 Pacific Avenue,Long Beach, CA 90813
$2,225,000
- 12 Beds
- 16 Baths
- 6,476 sq. ft.
- Multi-family
- Active
Listed by: melissa barlow
Office: elite representation real estate310-800-1608
MLS#:26987747
Source:CRMLS
Price summary
- Price:$2,225,000
- Price per sq. ft.:$343.58
About this home
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.
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Home facts
- Year built:1922
- Listing ID #:26987747
- Added:58 day(s) ago
- Updated:November 11, 2026 at 12:41 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:16
- Living area:6,476 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1922
- Building area:6,476 sq. ft.
- Lot area:0.26 Acres
- Construction Materials:Stucco
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$2,225,000
- Price per sq. ft.:$343.58
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:8
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