$950,000 - 620 Pacific Avenue, Long Beach
- 0Beds
- Baths
- 1,981SQ. Feet
- 0.05Acres
3 Units, mixed use, 2 bed 1 baths, one 1 bed 1 bath, and one commercial storefront. Business income is $72,000 per year, Expenses Includes New Taxes Based off Asking Price. Annual business income is $72,000, annual expenses with property taxes based on listing price is $19,250. NOI: $66,250 Cap Rate with Transitional Business: 6.2%. Transitional Business is included with sale or can be delivered vacant.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:OC20245646
- Price:$950,000
- Bathrooms:0.00
- Square Footage:1,981
- Acres:0.05
- Year Built:1953
- Type:Residential Income
- Status:Active
Community Information
- Address:620 Pacific Avenue
- Area:Downtown Area, Alamitos Beach (4)
- Subdivision:Downtown (DT)
- City:Long Beach
- County:Los Angeles
- State:CA
- Zip Code:90802
Interior
- Appliances:None
Exterior
- Lot Description:Level with Street
Additional Information
- Date Listed:November 23rd, 2020
- Days on Market:55
- Zoning:LBPD30
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Similar Neighborhoods to "Downtown (DT)" in Long Beach, California
Back to ResultsDowntown (dt)
- City:
- Long Beach
- Price Range:
- $850,000 - $2,500,000
- Current Listings:
- 7
- HOA Dues:
- $
- Average Price per Square Foot:
- $368
Alamitos Beach (ab)
- City:
- Long Beach
- Price Range:
- $529,000 - $4,250,000
- Current Listings:
- 12
- HOA Dues:
- $
- Average Price per Square Foot:
- $518
Provided By: Tony Morrison(01346460), Lantern Bay Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of January 18th, 2021 at 5:52pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.