$900,000
UNDER CONTRACT

Estimated payment $5,082/month

Total Views 4,655
7 Beds
4 Baths
2,667 Sq Ft
$337 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • Wood Fence
  • 1-Story Property

About This Home

1615 PACIFIC Ave is a 4-units multifamily investment property located in Long Beach. Is a great opportunity for Investors !!!
The property features UNIT #1 IS 3 BEDROOMS,1 BATH UNIT #2 IS 2 BEDROOMS, 1 BATH, UNIT #3 IS A 1 BEDROOM, 1 BATH, UNIT #4 IS 1 ONE BEDROOM 1 BATH.
3 units has Tenants and 1 unit is vacant. A unique opportunity for short-and long term rental alike. Close to freeways and public transportation. ALLEY ACCESS WITH SECURE GATE AND 3 PARKING SPOTS.

Listing Agent

Ana Varciag

RE/MAX Dynasty Brokerage Phone: 562-201-3429 License #01188723 Listed on: 01/22/2026

RE/MAX Dynasty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,579 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 2,667 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 5754
  • Assessor Parcel Number 7269008004
  • $833 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $400
  • Insurance Expense $2,400
  • Trash Expense $500
  • Water Sewer Expense $500
  • Operating Expense $14,400
  • Gross Income $84,000
  • Net Operating Income $6,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,579 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: SUBD.KEMPLYS
  • View: No
  • Water Sewer Expenses: 500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7269008004
  • Year Built: 1923
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 337.46
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5579.00
  • Lot Size Acres: 0.1281

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 84000.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 5579.0000 Square Feet
  • Net Operating Income: 6848.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Expenses: 14400.00

Tax Info

  • Tax Block: 2
  • Tax Lot: 4
  • Tax Tract Number: 5754.02
  • TaxOtherAnnualAssessmentAmount: 833.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $5,349 $369,152 $150,673 $218,479
2024 $5,349 $361,915 $147,719 $214,196
2023 $5,254 $354,820 $144,823 $209,997
2022 $4,951 $347,864 $141,984 $205,880
2021 $4,834 $341,044 $139,200 $201,844
2019 $4,766 $331,430 $135,072 $196,358
2018 $4,558 $324,942 $132,424 $192,518
2016 $4,192 $311,845 $127,283 $184,562
2015 $4,034 $307,162 $125,372 $181,790
2014 $4,027 $301,146 $122,917 $178,229
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2026 01/22/26 For Sale $900,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $245,000 American Title Co
Gift Deed -- American Title
Grant Deed $136,000 First American Title Co
Trustee Deed $101,712 First Southwestern Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $242,997 No Value Available
Previous Owner $82,000 No Value Available
Closed $25,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26016139

California Regional Multiple Listing Service (CRMLS)

APN: 7269-008-004

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