Listing provided courtesy of Melissa Barlow of Elite Representation Real Estate. Last updated 2026-09-23 08:10:56.000000. Listing information © 2026 Sandicor.
Asking Price: $2,225,000 |
1626 Pacific, Long Beach CA 90813
Community: 4 - Downtown Area, Alamitos Beach
This property was built in 1922 and is priced at $2,225,000. Please see the additional details below.
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.
