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17 hours ago
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Listed by: Melissa Barlow (310) 387-0482 DRE #01498928 | Elite Representation Real Estate (310) 800-1608
$2,225,000
13 Beds
16 Baths
6,476sqft
1626 Pacific Ave, Long Beach, CA 90813
$2,225,000
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Multi Family
Built in 1922
$-- HOA
11,311 sqft lot
$344/sq.ft
Description
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.
- Houzeo last checked: 6 minutes ago
- Listing updated: September 13, 2026 at 8:57 pm
- Source: California Regional MLS-CA | MLS#: 26987747
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
6,476 sqft
Lot Size
11,311 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26987747
MLS Status
Active
Days on Market
1
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