3029 Pacific Avenue

Long Beach, CA 90806

  • 6 Bed(s)
  • 4 Bath(s)
  • 2,734 Sqft
  • 4361
    Sqft(Lot)
$1,375,000

Description

Turn-key 4-unit income property in the desirable northern section of wrigley, long beach. 3029 pacific ave offers strong cash flow, updated interiors, and long-term upside. located on a wide, tree-lined street just north of willow, the property benefits from nearby amenities, larger lot homes, and higher owner occupancy. excellent access to pacific hospital, memorial medical center, metro a line (wardlow & willow stations), and bus line 182 makes this a prime location for tenant demand. desirable unit mix: two spacious 2br/1ba units + two newer 1br/1ba adus (garage conversions with permits, completed in 2023). one adu delivered vacant at coe—ideal for an owner-user or rent optimization. downstairs 2br was fully renovated in 2023 with in-unit laundry. upstairs 2br is in original condition with value-add potential. coin-op laundry located just two doors down for tenant convenience. uncovered parking, separate meters, and lbr2n zoning. low-maintenance, stabilized asset with strong income. gsi: $101,808 | grm: 13.5 | cap rate: 4.81%.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50279749

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1955
    • Building Area Total: 2,734

    Pool Features

    • None

    Laundry Features

    • See Remarks

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1001
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 4361

  • Listing Price Information

    • Original List Price: 1,375,000
    • Listing Contract Date: 2025-06-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7206009032

  • Garage and Parking

    • Garage Description: Asphalt,Concrete,Driveway,On Site,Paved,One Space,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 5 - Wrigley Area
    • Directions: Near at the corner of W Spring St and Pacific Ave.
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 5 - Wrigley Area
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 70
    • Common Walls: 1 Common Wall
    • Property Condition: Repairs Cosmetic,Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Separate Entrance for Each Unit
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 07:23

  • MLS: PW25142786
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 2,734 sqft, 4,361 sized lot, and 0 parking. are nearby neighborhoods.