Office:

1590 S. Coast Hwy #13, Laguna Beach, CA 92651

Email: sales@crystalcove.com
Tel: 949.222.0977
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1626 Pacific Avenue, Long Beach, CA, 90813

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$2,225,000
New Listing

1626 Pacific Avenue
Long Beach, CA 90813

For Sale|Residential Income|Active
12
Beds
16
Total Baths
6,476
SqFt
$344
/SqFt
1922
Built
County:
Los Angeles
Listed by Melissa Barlow of Elite Representation Real Estate melissa@melissabarlow.com
Call Now: 949-222-0977
Is this the listing for you? We can help make it yours.
949-222-0977
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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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Listing Snapshot
Price 
$2,225,000
Days On Site 
0 Days
Bedrooms 
12
Inside Area (SqFt) 
6,476 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2597 Acres
Year Built 
1922
MLS® Number 
26987747
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.2597
Disclosures 
RentControl
Garage 
Yes
Garage Spaces 
8
Levels 
One
Number Of Stories 
1
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
6476
Style 
SeeRemarks
Water Source 
Public
Zoning 
LBR4R
Interior Features
Heating 
Wall Furnace
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Patio And Porch 
None
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
MLS Area 
4 - Downtown Area, Alamitos Beach
School District 
Long Beach Unified
Building Access 
Ground Level w/steps
Schools
School District
Long Beach Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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