1626 Pine Avenue
Long Beach, CA 90813
0
Bed
0
Bath
7,780Sqft
7,492Sqft(Lot)
Renovated and current 6.89% Cap and 9.67 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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Heating Source
Radiant Has Heating
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Building Information
Year Built: 1963 Building Area Total: 7,780 -
Pool Features
NoneLaundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.172 -
Lot Size Source: Assessor Lot Size Square Feet: 7492
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Listing Price Information
Original List Price: 2,900,000 Listing Contract Date: 2026-01-20 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7269011003
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Garage and Parking
Garage Description: Door-Single,Garage Faces Front,Garage,Garage Faces RearHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: South of PCH HYW & E of Pacific Ave Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment -
Building and Construction
Property Age: 63 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1036 Cherry Avenue, Long Beach, CA, 90813 | $2,350,000 | 10 | -- | 4,722 | 4,722 SqFt |
| 1081 Cherry Avenue, Long Beach, CA, 90813 | $1,100,000 | 2 | -- | 2,773 | 2,773 SqFt |
| 1735 E 10th Street, Long Beach, CA, 90813 | $3,047,700 | 22 | -- | 10,253 | 10,253 SqFt |
| 1050 Gaviota, Long Beach, CA, 90813 | $4,500,000 | -- | -- | 12,928 | 12,928 SqFt |
| 1419 E 15th, Long Beach, CA, 90813 | $995,000 | -- | -- | 2,292 | 2,292 SqFt |
| 755 Gaviota Avenue, Long Beach, CA, 90813 | $2,950,000 | -- | -- | 6,640 | 6,640 SqFt |
| 933 Walnut Avenue, Long Beach, CA, 90813 | $995,000 | 3 | 2 | 1,312 | 1,312 SqFt |
| 1056 Hoffman, Long Beach, CA, 90813 | $1,700,000 | 6 | 6 | 2,560 | 2,560 SqFt |
| 1720 Cerritos Avenue, Long Beach, CA, 90813 | $2,100,000 | -- | -- | 6,074 | 6,074 SqFt |
| 1377 Warren Avenue, Long Beach, CA, 90813 | $1,627,000 | 4 | -- | 4,944 | 4,944 SqFt |
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ByOwner last updated this listing 06/05/2026 @ 19:48
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