See all 17 photos
17 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Naomi Yamagami Reed • Sage Real Estate Group, Inc.
$1,195,000
Est. payment /mo
4,361 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25142786
Year Built 1955
Lot Size 4,361 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Prime North Wrigley Location. 4-Units | Duplex + 2 ADU (2023) | 5.90% CAP | 11.86 GRM | $298K/PPU. Ideal for DSCR, Non-QM, and 1031 Exchange Buyers. 3 of 4 units Renovated - Turnkey. Low CapEx. Two 2023-Built ADUs - Fully Permitted, Turnkey Income Units. One 2BR in Original Condition - Simple Value-Add Opportunity. Excellent for Short, Mid, and Long Term Rentals. Located in the northern section of Long Beach's sought-after Wrigley neighborhood, 3029 Pacific Ave is a turn-key 4-unit income property offering immediate cash flow, updated interiors, and long-term upside potential. Set on a wide, tree-lined street just north of Willow, this location sits within one of Wrigley's more desirable pockets-known for larger lots, higher owner occupancy, and proximity to Bixby Knolls, Virginia Country Club, and the 405 Freeway. The property's proximity to Pacific Hospital of Long Beach, Memorial Medical Center, and multiple transit options-including the Metro A Line (Wardlow & Willow stations) and Bus Line 182-enhances its appeal to renters seeking convenience, access, and connectivity. The unit mix includes two spacious 2 bed / 1 bath units and two newer 1 bed / 1 bath ADUs, completed in 2023 as permitted garage conversions. The unit mix is perfect for long-term market rent or short-term and
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Exterior
Parking Features Common Parking Area, Other, Parking Area, Uncovered Parking
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7206009032
Special Listing Condition Not Applicable
Read Less Info
© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION