620 Pacific Avenue 3, Long Beach, California 90802, Long Beach, 90802 - bed, bath
620 Pacific Avenue 3
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 620 Pacific Avenue 3, Long Beach, California 90802 is currently available with a list price of $1,050,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1953 and currently utilized as a transitional living facility, the property is functional but shows significant signs of age and wear. The kitchen and interior spaces feature dated cabinetry, older white appliances, and basic finishes that have not been substantially modernized. While the units are habitable and currently occupied, the property requires updates to its fixtures, flooring, and systems to meet current market standards for residential or commercial use.
PROSSTRENGTHS & OPPORTUNITIES
- Mixed-Use Versatility
The property features flexible mixed-use zoning, allowing the front unit to serve as a commercial office, which provides diverse income streams and appeals to a wider range of investors.
- Vacant Delivery Option
The ability to deliver all units vacant is a significant advantage in the California market, allowing new owners to immediately renovate or re-tenant at current market rates without relocation complications.
- Prime Downtown Location
Situated in the high-demand Downtown Long Beach area, the property boasts excellent walkability and is located just 0.15 miles from International Elementary School, enhancing its rental appeal.
CONSRISKS & DEFICIENCIES
- High Building-to-Lot Ratio
With a 1,981 sqft building on a 2,001 sqft lot, there is virtually no outdoor space or private parking, which may limit the pool of long-term residential tenants.
- Potential Deferred Maintenance
Built in 1953 and currently used as a transitional living home, the property likely requires significant capital improvements to modernize the interior and achieve top-tier market rents.
About 620 Pacific Avenue 3
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1953
- Lot Size
- 2,001 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
International Elementary School
Grades K-5 • 0.1 mi
Edison Elementary School
Grades K-5 • 0.4 mi
Stevenson Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,981 | 2,350 | 29% |
| Lot Size | 2,001 | 4,106.5 | 7% |
| Price | $1.05M | $1.06M | 50% |
| Price per sq ft | $530 | $494 | 57% |
| Built year | 1953 | 1923 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 214 | 151 | 71% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Price Change
Dec 21, 2025
$1,100,000
$1,249,000
-12% Price Drop
Initial Listing
Price Change
Aug 4, 2025
$1,249,000
Initial Listing
Sold
Jun 7, 2004
$325,000
Public Record