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

Long Beach, CA, 90813
$ 2,225,000
Bedrooms13 Baths15.0 Sq 6,476

Monthly Estimate*

$ 15,368

Listed by Melissa Barlow, Elite Representation Real Estate, melissa@melissabarlow.com
1626 Pacific Avenue, Long Beach, CA 90813 - Image 1

Multi-Family Home for sale in Long Beach, CA

for $2,225,000 with 13 bedrooms and 15 full baths. 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.

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Multi-Family Active

Price

$ 2,225,000

Bedrooms

13

Full Bath

15

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

62

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
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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
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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
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* Excluded Features
List By
Melissa Barlow

Listing Agent

Elite Representation Real Estate

Broker

melissa@melissabarlow.com

Email

Affordability Calculator

$15,368
Per Month
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Monthly Principal & Interest
$15,368
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Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 13 bedrooms, 15.0 baths, and was built in 1922. The property's zip code is 90813 which is in Long Beach, CA