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Downtown Multifamily Home for Sale

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    $1,249,000

    • 7 Beds
    • 3 Baths
    • 1,981 Sq Ft

    620 Pacific Ave Unit 3, Long Beach, CA 90802

    620 PACIFIC AVE. IS CURRENTLY RENTED AS A TRANSITIONAL LIVING HOME. ALL UNITS CAN BE DELIVERED VACANT. MIXED USE ZONING. FRONT UNIT COULD BE A COMMERICAL OFFICE.

    PEGGY FRENCH Peggy French, Broker

    620 Pacific Ave Unit 3, Long Beach, CA 90802

Why Live in Downtown

Downtown Long Beach offers urban living within walking distance of the beach. The neighborhood is characterized by tall condominium towers, providing views of the bay or the city, and primarily attracts young professionals due to its housing options, which range from studio units to multibedroom condos. These residential towers often feature amenities such as concierge services, pools, and security. Residents enjoy proximity to Alamitos Beach and several seaside parks, including Shoreline Aquatic Park and Rainbow Lagoon. Animal enthusiasts can visit Golden Shore Marine Biological Reserve Park, while Cesar Chavez Park offers traditional recreational facilities. The Aquarium of the Pacific, the largest in Southern California, is a major attraction, hosting educational and social events. Downtown Long Beach is also known for its vibrant events like the Downtown Long Beach Art Walk and Taste of Downtown. The neighborhood boasts over 15 coffee shops and numerous dining options, from upscale seafood at Parker’s Lighthouse to casual eateries like Modica’s Deli. Shopping is diverse, with local boutiques, The Pike Outlets, and Shoreline Village. The area is highly walkable, supported by a central light rail station and a comprehensive bus system. Ocean Boulevard provides a scenic driving route along the coast, and Long Beach Airport is less than 10 miles away. Juan Rodriguez Cabrillo High School serves the area, offering a high rating and specialized programs.

Home Trends in Downtown, CA

Housing Trends

Median Sale Price
$620,000
Median 2 Bedroom Sale Price
$767,000
Median 1 Bedroom Sale Price
$534,000
Average Price Per Sq Ft
$678
Number of Homes for Sale
44
Last 12 months Home Sales
73
Months of Supply
7.20
Median List Price
$696,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-15%
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