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Stacey Alysson Melman

1626 Pacific AV
Long Beach, CA, 90813
$2,225,000
12 Beds
16 Baths
6,476 SqFt
0.26 Acres
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MLS #26987747 image #0
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.
AGENT: Melissa Barlow
LISTING BROKERAGE: Elite Representation Real Estate
1626 Pacific AV
Long Beach, CA

Property Details

Price:
$2,225,000
MLS #:
26987747
Status:
Active
Beds:
12
Baths:
16
Type:
Single Family
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Sep 13, 2026
Finished Sq Ft:
6,476
Total Sq Ft:
6,476
Lot Size:
11,311 sqft / 0.26 acres (approx)
Year Built:
1922
See Remarks4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachLong Beach UnifiedNone
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Schools

School District:
Long Beach Unified

Interior

Cooling
None
Heating
Wall Furnace
Laundry Features
None
Levels
One

Exterior

Architectural Style
See Remarks
Common Walls
1 Common Wall
Construction Materials
Stucco
Covered Spaces
8
Garage Spaces
8
Parking Spots
8
Parking Total
8
Spa Features
None
Stories
1
View
None

Financial

Gross Operating Income
$265,560
Maintenance Fee
$6,000
Net Operating Income
$216,233

Map

Community

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