For sale

$2,225,000

Est. $15,190/mo —

•

16 ba

•

6,476

sq ft

1626 Pacific Ave, Long Beach, CA 90813

About this home

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.

Multi-familyProperty Type

1922Year Built

0.26 acresLot Size

$344Price/Sq.Ft.

8 car garageParking

Listed by Melissa Barlow •DRE #01498928 • Elite Representation Real Estate

•310-387-0482 (agent)

•melissa@melissabarlow.com (agent)

Listing updated: Sep 20, 2026 at 12:06am

Redfin checked: 3 minutes ago

•Source:TheMLS #26987747

Payment calculator

$15,190 per month

Principal and interest$12,446

Property taxes

$2,318

HOA dues

Home insurance

$426

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Roosevelt Elementary School

Public K-5 • Assigned • 0.5mi

5/10

Washington Middle School

Public 6-8 • Assigned • 1.2mi

4/10

Polytechnic High School

Public 9-12 • Assigned • 0.6mi

7/10

Provided by GreatSchools

About Washington

School

Washington School, located between Pacific Coast Highway and Anaheim Street, is a residential and civic Long Beach neighborhood with early-20th-century bungalows and a grid of palm-lined blocks. The neighborhood’s character concentrates around Pacific Avenue and Anaheim Street, where taquerias, panaderías, and small storefronts keep the sidewalks active. Washington Middle School anchors the area with a classic campus feel and steady weekday rhythm. Nearby, Long Beach City College’s Pacific Coast Campus adds lecture halls, athletic facilities, and a collegiate edge. Craftsman details, modest duplexes, and corner markets shape a practical, walkable streetscape close to the Port-adjacent industrial corridor.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Ground-level entry with steps
Other equipment

Bedrooms
Unit mix includes one 3-bed unit and multiple 1-bed units (several studio/0-bed units included)

Bathrooms
Most units have one bathroom (1.0 bath each for listed units)

Kitchen
No specific kitchen appliance details provided

Laundry & utility
No laundry on-site
Tankless water heaters present

Flooring
Mixed flooring

Heating & cooling
Wall heating
No cooling

Sale and tax history for 1626 Pacific Ave

Sale History
Tax History

Date

Event

Price

TheMLS #26987747

Sep 12, 2026

Listed

$2,225,000

$344/sq ft

RENTALBEAST #1

Dec 10, 2024

Rental Removed

$1,400

$0/sq ft

Nov 16, 2024

Price Changed

$1,400

$0/sq ft

Sep 28, 2024

Listed for Rent

$1,500

$0/sq ft

CRMLS #PW16748471

Feb 20, 2017

Sold

$1,960,000

$303/sq ft

Nov 16, 2016

Listed

$1,960,000

$303/sq ft

The Pacific Apartments are located less than a mile north of Long Beach’s Downtown area, which has undergone a renaissance in recent years, and has become a hip destination for dining, retail, art, and music, as well as numerous hotels and tourist attractions. The property itself offers convenient access to public transportation, Pacific Coast Highway, and the 710 freeway, and is within close proximity to Long Beach City College, Long Beach Polytechnic High School, and St. Mary Medical Center. In recent years, the property has undergone substantial upgrades, including: complete re-pipe of gas lines, new individual gas meters, new tankless water heaters in all units, new windows, new doors/screens, new gates, new roof, new exterior paint, remodeled kitchens and bathrooms (most units), and new electrical (some units). The City of Long Beach, unlike many other parts of southwest LA County, is not subject to Rent Control.

SDMLS #301768048

Feb 20, 2017

Sold

$1,960,000

$303/sq ft

Nov 16, 2016

Listed

$1,960,000

$303/sq ft

The Pacific Apartments are located less than a mile north of Long Beachs Downtown area, which has undergone a renaissance in recent years, and has become a hip destination for dining, retail, art, and music, as well as numerous hotels and tourist attractions. The property itself offers convenient access to public transportation, Pacific Coast Highway, and the 710 freeway, and is within close proximity to Long Beach City College, Long Beach Polytechnic High School, and St. Mary Medical Center. In recent years, the property has undergone substantial upgrades, including: complete re-pipe of gas lines, new individual gas meters, new tankless water heaters in all units, new windows, new doors/screens, new gates, new roof, new exterior paint, remodeled kitchens and bathrooms (most units), and new electrical (some units). The City of Long Beach, unlike many other parts of southwest LA County, is not subject to Rent Control.

Public Records

Jan 27, 2011

Sold

$950,000

$147/sq ft

CRMLS #P746410

Jan 21, 2011

Sold

$999,000

$154/sq ft

Oct 21, 2010

Pending

—

Aug 24, 2010

Price Changed

$999,000

$154/sq ft

Aug 3, 2010

Listed

$1,049,000

$162/sq ft

CRMLS #P252156

Oct 24, 2001

Sold

$395,000

$61/sq ft

Jul 26, 2001

Listed

$399,900

$62/sq ft

Public Records

Nov 3, 1998

Sold

$138,500

$21/sq ft

Public Records

Dec 2, 1994

Sold

$190,000

$29/sq ft

Public Records

Aug 3, 1990

Sold

$485,000

$75/sq ft

Public Records

Jan 19, 1984

Sold

$75,000

$12/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$31,692 (+4.6%)

$947,036 + $1,373,203

$2,320,239

2024

$30,301 (+1.8%)

$928,467 + $1,346,278

$2,274,745

2023

$29,766 (+6.5%)

$910,262 + $1,319,881

$2,230,143

2022

$27,962 (+2.1%)

$892,414 + $1,294,001

$2,186,415

2021

$27,373 (+0.3%)

$874,916 + $1,268,629

$2,143,545

2020

$27,304 (+1.2%)

$857,761 + $1,243,754

$2,101,515

2019

$26,982 (+2.9%)

$848,966 + $1,231,001

$2,079,967

2018

$26,218 (+76.7%)

$832,320 + $1,206,864

$2,039,184

2017

$14,834 (+7.3%)

$551,951 + $496,756

$1,048,707

2016

$13,819 (+3.9%)

$551,951 + $496,756

$1,048,707

2015

$13,296 (+0.1%)

$541,129 + $487,016

$1,028,145

2014

$13,278 (+1.6%)

$522,561 + $470,305

$992,866

2012

$13,071 (+35.2%)

$520,200 + $468,180

$988,380

2011

$9,667 (+0.7%)

$510,000 + $459,000

$969,000

2010

$9,603 (+1.5%)

$310,877 + $380,507

$691,384

2009

$9,459 (+7.3%)

$308,554 + $381,484

$690,038

2008

$8,815

$309,288 + $382,391

$691,679

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

1928

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,592

Year built

1922

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

7269008006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 6, 2026.

RMU4-A

Residential Mixed-Use 4-A Series Zone

Residential Mixed-Use 4 (RMU4 A-Series) zone is residentially focused and permit higher density residential uses in areas where multi-family housing is currently the dominant use. These zones permit intensification of existing residential areas to increase housing opportunities and introduce neighborhood-serving, non-residential uses in proximity to residents.

Permitted uses

Include but are not limited to:

Agriculture
Day care facility
Retail-Grocery
Restaurant
Housing-Group
Housing-Multiple units
Housing-Senior
Housing-Other
Mixed use
Park & open space

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 88° expected this year, 24 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Long Beach, CA • 90813

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

78/ 100

Good sunlight

Sunscore

This home receives average direct sun exposure in Long Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1626 Pacific Ave

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Details provided by TheMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1626 Pacific Ave

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1626 Pacific Ave

Early Access listings

Nearby similar homes

New listings for sale in 90813

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