For sale

$2,225,000

1626 Pacific Ave, Long Beach, CA 90813

12beds

16baths

6,476sqft

$15,137/mo

Get pre-qualified

Multi Family

Built in 1922

-- sqft lot

$2,129,500 Zestimate^®

$344/sqft

$-- HOA

What's special

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.

27 days
128
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 16

Heating

Wall

Cooling

None

Appliances

Included: Tankless Water Heater
Laundry: None

Features

Flooring: Mixed

Interior area

Total structure area: 6,476
Total interior livable area: 6,476 sqft

Property

Parking

Total spaces: 8
Parking features: Garage Is Detached
Garage spaces: 8

Features

Levels: One
Stories: 1
Entry location: Ground Level w/steps
Patio & porch: None
Pool features: None
Spa features: None
View description: None
Waterfront features: None

Lot

Size: 0.26 Acres
Dimensions: 75 x 150

Details

Additional structures: None
Parcel number: 7269008006
Zoning: LBR4R
Special conditions: Standard
Other equipment: Other

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Stucco
Roof: Flat

Condition

Year built: 1922

Utilities & green energy

Sewer: In Connected and Paid
Water: District

Community & HOA

Location

Region: Long Beach

Financial & listing details

Price per square foot: $344/sqft
Tax assessed value: $2,274,745
Date on market: 9/13/2026
Tenant pays: Gas, Electricity

Estimated market value

$2,129,500

$2.02M - $2.24M

$1,837/mo

Price history

Date	Event	Price
9/13/2026	Listed for sale	$2,225,000$344/sqft
Source: CLAW #26987747 Report a problem
2/7/2018	Listing removed	$1,450
Source: Roberts Property Management Report a problem
2/2/2018	Price change	$1,450-4.9%
Source: Roberts Property Management Report a problem
1/12/2018	Listed for rent	$1,525+52.5%
Source: Roberts Property Management Report a problem
10/20/2017	Listing removed	$1,000
Source: Roberts Property Management Report a problem
10/11/2017	Listed for rent	$1,000
Source: Roberts Property Management Report a problem