$2,900,000

1626 Pine Avenue, Long Beach, CA 90813

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 20, 2026
Data Last Updated:
February 8, 2026 at 2:13AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Cameron Samimi : 310-259-7556
MLS ID:
SB26013773
  • Heating: Radiant
  • Pool: N/K
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor7269011003
  • Source: California Regional MLS

Presented by Veterans United Realty

This listing courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

1574 Linden Ave, Long Beach, CA, 90813

Grades KG-5

0.34 miles away

W

Washington Middle School

1450 Cedar Ave, Long Beach, CA, 90813

Grades 6-8

0.22 miles away

E

Educational Partnership High School

1794 Cedar Ave, Long Beach, CA, 90813

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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