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Listed by Naomi Yamagami Reed • Sage Real Estate Group, Inc.
$ 1,300,000
Est. payment | /mo
4,361 Sqft Lot
$ 1,300,000
Est. payment | /mo
4,361 Sqft Lot
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
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. Located in North Wrigley's stable residential community of well-maintained single-family homes with strong pride of ownership, 3029 Pacific Ave offers exceptional versatility for any rental strategy. Short-term guests benefit from proximity to Long Beach Airport and 2028 Olympics venues, while mid-term rentals thrive with traveling nurses drawn to three major medical centers within minutes. Long-term tenants appreciate the established neighborhood character, and seamless access to Downtown Long Beach, the 710/405 freeways, public transportation such as Bus Line 182 and Metro A Line - making this an ideal location for professionals, families, and visitors alike, whether you're staying short-term, mid-term, or long-term. 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. Two ADUs will be delivered vacant at close of escrow-ideal for short-, mid-, long term rental strategies. The downstairs 2BR unit was fully renovated in 2023 with modern finishes and in-unit laundry, wh
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
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Drew Reid
REALTOR® | Lic# 01332884