About 1626 Pacific Avenue
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.
Features of 1626 Pacific Avenue
| MLS® # | 26987747 |
|---|---|
| Price | $2,225,000 |
| Bedrooms | 13 |
| Bathrooms | 13.00 |
| Square Footage | 6,476 |
| Acres | 0.26 |
| Year Built | 1922 |
| Type | Residential Income |
| Style | See Remarks |
| Status | Active |
Community Information
| Address | 1626 Pacific Avenue |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 8 |
|---|---|
| # of Garages | 8 |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Construction | Stucco |
School Information
| District | Long Beach Unified |
|---|
Additional Information
| Date Listed | September 12th, 2026 |
|---|---|
| Days on Market | 2 |
| Zoning | LBR4R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Melissa Barlow |
|---|---|
| Office | Elite Representation Real Estate |