Share this with your friends
+14086741897
Keller Williams Thrive
1626 Pine AVE, Long Beach, CA 90813
- $2,700,000
Listed by Cameron Samimi, from Lyon Stahl Investment Real Estate, Inc.
(If provided) CoList: from
Sold listing courtesy of Cameron Samimi from
- Sold Price
- $2,700,000
- List Price
- $2,900,000
- Closing Date
- May 14, 2026
- MLS#
- CRSB26013773
- Status
- SOLD
- Lot Size
- 7,492
- Listing Area
- 699 - Not Defined
- Year Built
- 1963
Property 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.
Additional Information
- Garage Parking
- Garage
- Heating System
- Radiant
- Laundry Facilities
- Laundry Area, Community Facility
- Lot Size
- 7,492
- Neighborhood
- 699 - Not Defined
- Pool Description
- None
- Unincorporated Yn
- Yes
How much is your home worth?
...get instant property value now!
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Keller Williams Thrive are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved