Substantial Reduction in Price--625 Elm Avenue is a 21-unit multifamily investment opportunity located in Long Beach, CA. The property offers 20 studios, and 1 one-bedroom unit, with amenities including gates access, security doors, and one double car garage. This investment property is situated in the fantastic Downtown Long Beach location, surrounded by an abundance of retail, dining, and entertainment options, as well as many employers in the high-rise office buildings. Additionally, the property's close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 625 Elm Avenue is within close proximity of all three levels of education.
Sold for $3,050,000 on 06/24/25
Listing Provided by:
Kristie Pabst DRE #00804122 562-547-2668,
Pabst, Kinney & Associates
$3,050,000
625 Elm Ave, Long Beach, CA 90802
1beds
21baths
8,710sqft
Multi Family
Built in 1948
-- sqft lot
$3,039,800 Zestimate®
$350/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 05:12pm
Listing Provided by:
Kristie Pabst DRE #00804122 562-547-2668,
Pabst, Kinney & Associates
Bought with:
Spencer Pabst, DRE #01849377
Pabst, Kinney & Associates
Source: CRMLS,MLS#: PW25006856
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 21
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,710
- Total interior livable area: 8,710 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Average Condition
Lot
- Size: 7,503 sqft
- Features: Near Public Transit
Details
- Parcel number: 7273027012
- Zoning: LBPD30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: See Remarks
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Street Lights, Sidewalks, Urban
Location
- Region: Long Beach
- Subdivision: Downtown (Dt)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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Estimated market value
$3,039,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,039,800