1626 Pacific Avenue Long Beach, CA ^$ 2,225,000

1626 Pacific Avenue

^$ 2,225,000

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Recently Listed

1626 Pacific Avenue

Long Beach, CA, 90813

^$ 2,225,000

Bedrooms12 Baths1.0 Sq 6,476

Monthly Estimate*

^$ 14,049

Listed by Elite Representation Real Estate

1626 Pacific Avenue, Long Beach, CA 90813 - Image 1

Multi-Family Home for sale in Long Beach, CA

for $2,225,000 with 12 bedrooms and 1 full bath. This 6,476 square foot home was built in 1922 on a lot size of 0.2597.

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.

Multi-Family Active

Price

^$ 2,225,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2597

Year Built

1922

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

26987747

Days on Market

Features

General

Living Area 6476

Sewer Sewer Tap Paid

Heating Wall Furnace

Cooling None

Possession Close Of Escrow

Zoning LBR4R

Garage Spaces 8

Patio/Porch Features None

Architectural Style See Remarks

Pool Features None

Construction Materials Stucco

Year Built 1922

Tenant Pays Electricity Gas

View None

Stories Count 1

Levels One

Gross Income 265560

County Los Angeles

Net Operating Income 216233

Insurance Expense 4127

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

MaintenanceExpense 6000

Garage Y/N true

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Pacific Avenue and Pacific Coast Highway

City Long Beach

Disclosures Rent Control

Entry Location Ground Level w/steps

Senior Community Y/N false

High School District Long Beach Unified

Number Of Units Total 15

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 11311

Spa Features None

Property Attached Y/N true

Water Sewer Expense 7800

Additional Parcels Y/N false

Rent Control Y/N true

Standard Status Active

Occupancy Type Tenant

Taxes 28000

Cap Rate 9.7

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features None

Total Bedrooms 12

Total Baths 16

Exterior

Water Source Public

Total Parking 8

Lot Size Area 11311

Number of Buildings 3

Spa false

Building Area Total 6476

Lot Dimensions 75x150

Lot Size Acres 0.2597

Private Pool false

* Excluded Features

List By

Elite Representation Real Estate

Broker

melissa@melissabarlow.com

Affordability Calculator

$14,049

Per Month

Monthly Principal & Interest: $14,049
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,925,172

Percent of Sale Price 13%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/13/2026	$2,225,000		Listed Price

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1626 Pacific Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,225,000 with 6,476 sqft and a lot size of 0.2597. 1626 Pacific Avenue has 12 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1626 Pacific Avenue

Multi-Family Home for sale in Long Beach, CA

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