About 1626 Pine Avenue
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.
Features of 1626 Pine Avenue
| MLS® # | SB26013773 |
|---|---|
| Price | $2,900,000 |
| Sold Price | $2,700,000 |
| Bedrooms | 15 |
| Bathrooms | 13.00 |
| Lot Sqft | 7,492 |
| Acres | 0.17 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Closed |
| # Of Units | 14 |
Community Information
| Address | 1626 Pine Avenue |
|---|---|
| Area | 699 - Not Defined |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Garage, Door-Single, Garage Faces Front, Garage Faces Rear |
| # of Garages | 7 |
| Garages | Garage, Door-Single, Garage Faces Front, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | January 20th, 2026 |
|---|---|
| Date Sold | May 14th, 2026 |
| Days on Market | 70 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cameron Samimi |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |