$1,100,000
$149K PRICE DROP

620 Pacific Ave Unit 3 Long Beach, CA 90802

Downtown Neighborhood

Estimated payment $6,852/month

Total Views 4,891
7 Beds
3 Baths
1,981 Sq Ft
$555 Price per Sq Ft

Highlights

  • Property is near public transit
  • 3-minute walk to Pacific Station
  • Furnished
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • No HOA

About This Home

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.

Listing Agent

PEGGY FRENCH

Peggy French, Broker Brokerage Phone: 714-585-6703 License #00455781 Listed on: 08/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 2,001 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • No Landscaping
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Triplex
  • Entry on the 1st floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,981 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 18 / 40
  • Assessor Parcel Number 7273024012
  • $1,628 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Downtown Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,500
  • Operating Expense $30,000
  • Gross Income $116,400
  • Net Operating Income $81,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD30
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7273024012
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Furnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 555.28

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Level, Near Public Transit, No Landscaping, Paved
  • Lot Size Sq Ft: 2001.00
  • Lot Size Acres: 0.0459
  • Latitude Manual: 33.77400900

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 116400.00
  • Gross Scheduled Income: 116400.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 2001.0000 Square Feet
  • Net Operating Income: 81400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 35000.00
  • Rent Control: No
  • Total Actual Rent: 116400.00
  • Total Expenses: 30000.00

Tax Info

  • Tax Block: 40
  • Tax Census Tract: 5759.02
  • Tax Lot: 18
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 1628.00

Map

Range of Values:

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Value Increase
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Percent 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

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2025 12/21/25 Price Changed $1,100,000 -11.9% $555 / Sq Ft
08/04/2025 08/04/25 For Sale $1,249,000 -- $630 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $325,000 Commonwealth Land Title
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $276,250 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25174825

California Regional Multiple Listing Service (CRMLS)

APN: 7273-024-012

California Los Angeles County Long Beach 90802 Downtown

620 Pacific Ave Unit 3, Long Beach, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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Listing Agent
PEGGY FRENCH
Section Image
Peggy French, Broker
(562) 534-1196