1626 Pine Ave

1626 Pine Ave is situated in a dense, transit‑oriented pocket of Central Long Beach just north of Downtown, surrounded by a mix of mid‑century multifamily housing, neighborhood retail, and major new development projects that are transforming the greater downtown core. Residents enjoy walkable access to everyday amenities along Pine Avenue and nearby corridors, as well as short commutes to the waterfront, East Village Arts District, and other Downtown Long Beach dining and entertainment destinations. ​ The property benefits from excellent regional connectivity, with quick access to the 710 and 405 freeways and nearby transit options that link to employment hubs across Los Angeles and Orange County. Positioned just outside roughly 6 billion dollars of new public and private investment—including the new Long Beach Civic Center, OceanAire, Broadway Block, CSULB Downtown Village, and Queen Mary Island—the location is well‑placed to capture ongoing demand for quality workforce housingRenovated and current 6.99% Cap and 9.57 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. NON RSO | Subject to State AB 1482 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.