Residential Income
Active
1626 Pacific Avenue, Long Beach, CA 90813
1626 Pacific Avenue
Overview
Property ID: HZ26987747
- 12
- 0
- 6476
- 8
- 1922
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.
Address
Open on Google Maps- Address Pacific
- City Long Beach
- State/county Los Angeles
- Zip/Postal Code 90813
Details
Updated on September 21, 2026 at 9:57 am- Property ID: HZ26987747
- Price: $2,225,000
- Property Size: 6476 Sq Ft
- Bedrooms: 12
- Bathroom: 0
- Garages: 8
- Year Built: 1922
- Property Status: Residential Income
- Listed by: Melissa Barlow
- DRE #: 01498928
- Contact Mail: melissa@melissabarlow.com
- Brokered by: Elite Representation Real Estate
Mortgage Calculator
Monthly
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
