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1626 Pine Ave
For Sale $2,900,000
$2,900,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 7,492 Sq Ft
Description
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, CSULB Downtown Village, Broadway Block and Queen Mary Island.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,900,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 7 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7269011003 |
| MLS # | SB26013773 |
| Property ID | 291990605 |
| Lot Sqft | 7,492 |
| Zoning | Unknown |
| Total Units | 14 |
| Days on Market | 128 |
| Original List Price | $2,900,000 |
| Date Updated | March 12, 2026 |
| Date Created | January 20, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $24,300 | $0 |
| Net Income (Yr) | $ 199,910 |
Listing Provided By
Cameron Samimi an agent of . Lic #02035763
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 12, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT