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1626 Pacific AvenueLong Beach, CA 90813

Los Angeles County

$2,225,000List price
12Beds
16Baths
6,476Sq Ft
1922Year built
0.26Acre lot
8Garage
1Stories
9 weeks agoOn market

Description

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.

Property Information

Property type
Residential Income
Style
SeeRemarks
Year built
1922
Stories
1
Living area
6,476 Sq Ft
Lot size
0.26 acres
Lot dimensions
75x150
Garage spaces
8
Parking spaces
8
Zoning
LBR4R
Days on market
64
MLS® Listing#
26987747

Property Features

Cooling
None
Heating
Wall Furnace
Pool
None
Laundry
None
Patio
None
Construction
Stucco
Water source
Public

Financial Details

HOA
None
Parcel number
7269008006

Directions

Pacific Avenue and Pacific Coast Highway

Listing Courtesy: Elite Representation Real Estate - 3108001608

Presented by: Melissa Barlow

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-12T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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