620 Pacific Ave Unit 3 Long Beach, CA 90802
Downtown NeighborhoodEstimated payment $7,185/month
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, Broker Brokerage Phone: 714-585-6703 License #00455781 Listed on: 08/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,311
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,311 | $462,063 | $142,171 | $319,892 |
| 2024 | $7,311 | $453,004 | $139,384 | $313,620 |
| 2023 | $7,154 | $444,122 | $136,651 | $307,471 |
| 2022 | $6,741 | $435,415 | $133,972 | $301,443 |
| 2021 | $5,592 | $426,879 | $131,346 | $295,533 |
| 2020 | $5,577 | $422,503 | $130,000 | $292,503 |
| 2019 | $5,512 | $414,219 | $127,451 | $286,768 |
| 2018 | $5,359 | $406,098 | $124,952 | $281,146 |
| 2016 | $4,923 | $390,330 | $120,100 | $270,230 |
| 2015 | $4,730 | $384,467 | $118,296 | $266,171 |
| 2014 | $4,708 | $376,937 | $115,979 | $260,958 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $1,249,000 | -- | $630 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $325,000 | Commonwealth Land Title | |
| Joint Tenancy Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $276,250 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25174825
APN: 7273-024-012
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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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