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$2,700,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 12 days ago
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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.

Full Property Details for 1626 Pine Ave

General

  • Sold For: $2,700,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26013773
  • Added to Site: 175 day(s) ago

Rooms

Other Rooms

  • Laundry: Community, Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 7
  • Parking Features: Garage, Garage (Single Door), Garage Faces Front, Garage Faces Rear
  • Parking: Garage, Garage (Single Door), Garage Faces Front, Garage Faces Rear

Location

  • Area: 699 - Not Defined
  • County: Los Angeles
  • Development Name: 699 - Not Defined
  • Driving Directions: South of PCH HYW & E of Pacific Ave

Heating & Cooling

  • Heating Type: Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 15
  • # Gas Meters: 14
  • # Electric Meters: 15

Structural Information

  • Entry Location: 1
  • Square Feet: 7,780
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 13

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.172
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $347.04
  • Price Per Unit: 207143

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

Listing agent

— 1626 Pine Ave —

  • Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1626 Pine Ave

School District:Long Beach Unified School District
NameGradesDistance
Roosevelt Elementary School, Long Beach, CA
1574 Linden Avenue, Long Beach, CA 90813
K-50.4 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.2 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1626 Pine Ave

Date
Details
Price
Change
Source
5/14/2026
Sold
$2,700,000
-6.9%
MLS
1/21/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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1626 Pine Avenue, Long Beach, CA 90813 (MLS# SB26013773) is a Multi-Family property that was sold at $2,700,000 on May 14, 2026. Want to learn more about 1626 Pine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.