1626 Pine Avenue, Long Beach, CA 90813
Local realty services provided by:CENTURY 21 Epic
1626 Pine Avenue,Long Beach, CA 90813
$2,900,000
- - Beds
- - Baths
- 7,780 sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26013773
Source:CRMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$372.75
About this home
Renovated and current 6.89% Cap and 9.67 GRM with ADU potential! 1626 Pine Ave, Long Beach is the ideal investment opportunity for anyone looking for great cash-flow and low maintenance. All units are renovated with new floors, appliances, and fixtures. Once all units are rented at market and ADUs are built out, the property will operate at a 7.79% Cap and 8.81 GRM.
The property is comprised of (12) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units. 1626 Pine Ave has 10 parking spaces on site and collects $500/month in parking income. Additionally, the property collects $200/month in laundry.
Beneficial for the new owner, the property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.
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Home facts
- Year built:1963
- Listing ID #:SB26013773
- Added:144 day(s) ago
- Updated:June 14, 2026 at 10:34 AM
Rooms and interior
- Living area:7,780 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1963
- Building area:7,780 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$372.75
Parking
- Total parking spaces:7
- Parking description:Door-Single, Garage, Garage Faces Front, Garage Faces Rear
- Garage:Yes
- Garage spaces:7
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