Property Details
About this Property
Renovated and current 6.99% Cap and 9.57 GRM with ADU potential! 1626 Pine Ave, Long Beach is the ideal investment opportunity for anyone looking for great cash-flow and low maintenance. All units are renovated with new floors, appliances, and fixtures. Once all units are rented at market and ADUs are built out, the property will operate at a 7.79% Cap and 8.81 GRM. The property is comprised of (12) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units. 1626 Pine Ave has 10 parking spaces on site and collects $500/month in parking income. Additionally, the property collects $200/month in laundry. Beneficial for the new owner, the property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.
MLS Listing Information
MLS #
CRSB26013773
MLS Source
California Regional MLS
Days on Site
4
Interior Features
Laundry
Community Facility
Heating
Radiant
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 7 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1626 Pine Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 7,492 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,900,000 and was built in 1963. This address can also be written as 1626 Pine Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of January 21, 2026. For the most current information, please contact Cameron Samimi
