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Millman Team Real Estate

$2,225,000
12 Bed
16 Bath
6,476 Sqft
0.26 Acre Lot

1626 Pacific Avenue, Long Beach, California 90813

  • Residential Income Property Type
  • 6,476 Sqft Square Footage
  • 1922 Year Built
Property 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.

Basic Details
Residential Income
For Sale
26987747
$2,225,000
None
12
16
6,476 Sqft
1922
0.26 Acre
Active
1
Features
: None
: Wall Furnace
: None
: None
: See Remarks
: None
: Sewer Tap Paid
$0
Address Map
CA
Los Angeles
Long Beach
90813
Pacific
1626
Avenue
W119° 48' 24.1''
N33° 47' 15.7''
Pacific Avenue and Pacific Coast Highway
4 - Downtown Area, Alamitos Beach
LBR4R
Neighborhood
Long Beach Unified
Additional Information
$0
$0
$0
$0
$0
6476
: Stucco
8.0
: One
75x150
15
2026-09-12
1
1
: Public
Broker/Agent Information
Elite Representation Real Estate
Melissa Barlow
Listing Information
CLW-C121054
CLW-X8257573
Active
2026-11-08T04:07:01Z
CRMLS
: Standard
2026-09-12T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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