Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
20 Total Sales
1 in Washington School
$610,000 Price
1626 Pine Ave Long Beach, CA 90813
Washington School Neighborhood
12
Beds
10
Baths
7,780
Sq Ft
7,492
Sq Ft Lot
Highlights
- Park
- 7 Car Garage
- Radiant Heating System
- Long Beach Polytechnic High School Rated A
- Laundry Facilities
About This Home
As of May 2026Renovated 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 01/21/2026
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 01/21/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,492 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Single Garage Door
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,780 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Additional Features
- Suburban Location
- Radiant Heating System
Listing and Financial Details
- Legal Lot and Block 3 / 1
- Tax Tract Number 12345
- Assessor Parcel Number 7269011003
Community Details
Recreation
- Park
Building Details
- 13 Leased Units
- Rent Control
- 15 Separate Electric Meters
- 14 Separate Gas Meters
- 15 Separate Water Meters
- Insurance Expense $9,725
- Professional Management Expense $15,000
- Operating Expense $91,090
- Gross Income $291,000
- Net Operating Income $199,910
Additional Features
- 14 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2026
Closed on
Apr 23, 2026
Sold by
Bought by
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,900,000
Sold Price
$2,700,000
Premium/Discount to List
-$200,000
-6.9%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,088,000
Outstanding Balance
$1,819,219
Interest Rate
6.46%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 6, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 21, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 9, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Interest Rate
3.25%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 28, 2013
Closed on
Mar 18, 2013
Sold by
Bought by
Seller's Agent
Chuck Lundie
AOA Commercial Brkrge
Buyer's Agent
Timothy Lewis
Elliot Lewis, Broker
List Price
$1,195,000
Sold Price
$1,130,000
Premium/Discount to List
-$65,000
-5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.49%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Dennis Fulmore
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
2 in Washington School
$1,097,000 Price Range
-
Renee Matthews
Renee Matthews
Elevation Realty
(818) 463-1831
5 Total Sales
2 in Washington School
$280,000 Price Range
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Washington School
$505,000 Price
-
Teriann McKenna
Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Washington School
$663,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,610,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Comp | |
| Grant Deed | $2,350,000 | Fidelity National Title Comp | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $1,660,000 | Ticor Title Company | |
| Grant Deed | $1,130,011 | Lawyers Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,088,000 | Construction | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $2,060,000 | Commercial | |
| Previous Owner | $1,162,000 | Commercial | |
| Previous Owner | $588,272 | Commercial | |
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $825,000 | Commercial | |
| Previous Owner | $800,000 | Seller Take Back | |
| Previous Owner | $260,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2026 05/14/26 | Sold | $2,700,000 | -6.9% | $347 / Sq Ft | |
| 01/21/2026 01/21/26 | For Sale | $2,900,000 | +75.8% | $373 / Sq Ft | |
| 01/22/2016 01/22/16 | Sold | $1,650,000 | 0.0% | $212 / Sq Ft | View Prior Sale |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- | |
| 10/24/2015 10/24/15 | For Sale | $1,650,000 | +46.0% | $212 / Sq Ft | |
| 03/29/2013 03/29/13 | Sold | $1,130,000 | -5.4% | $145 / Sq Ft | View Prior Sale |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- | |
| 01/28/2013 01/28/13 | For Sale | $1,195,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,932 | $2,621,466 | $892,413 | $1,729,053 |
| 2024 | $34,357 | $2,570,065 | $874,915 | $1,695,150 |
| 2023 | $33,759 | $2,519,672 | $857,760 | $1,661,912 |
| 2022 | $31,698 | $2,470,268 | $840,942 | $1,629,326 |
| 2021 | $31,035 | $2,421,832 | $824,453 | $1,597,379 |
| 2020 | $30,955 | $2,397,000 | $816,000 | $1,581,000 |
| 2019 | $30,589 | $2,350,000 | $800,000 | $1,550,000 |
| 2018 | $22,850 | $1,727,064 | $520,200 | $1,206,864 |
| 2016 | $15,424 | $1,175,465 | $416,094 | $759,371 |
| 2015 | $14,833 | $1,157,809 | $409,844 | $747,965 |
| 2014 | $14,792 | $1,135,130 | $401,816 | $733,314 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Samimi
Seller's Agent in 2026
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
205 Total Sales
-
Ryan Lusk
Seller's Agent in 2016
Ryan Lusk
First Team Real Estate
(562) 438-1132
13 Total Sales
-
Kevin King
Buyer's Agent in 2016
Kevin King
Marcus & Millichap
(562) 257-1245
39 Total Sales
-
C
Seller's Agent in 2013
Chuck Lundie
AOA Commercial Brkrge
-
Timothy Lewis
T
Buyer's Agent in 2013
Timothy Lewis
Elliot Lewis, Broker
(562) 221-9392
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26013773
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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