1626 Pine Avenue, Long Beach, CA 90813 (MLS # SB26013773)

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PRICE $2,900,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 7,780 sqft
LOT SIZE 7,493 sqft
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Renovated and current 6.99% Cap and 9.57 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.

DAYS ON MARKET 2 LAST UPDATED 1/21/2026
YEAR BUILT 1963 COMMUNITY 699 - Not Defined
GARAGE SPACES 7.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 699 - Not Defined
GARAGE Yes
HEAT Radiant
LOT 7492 sq ft
LOT DIMENSIONS 7492
PARKING Garage Faces Front, Garage, Garage Faces Rear
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lyon Stahl Investment Real Estate, Inc.

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