Homes for sale - 3029 Pacific AVE, Long Beach, CA 90806

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Nick Resendez

nick.resendez@gmail.com +1(714) 271-2565

$ 1,195,000

Est. payment | -/mo

4,360 Sqft Lot

Save

$ 1,195,000

Est. payment | -/mo

Save

4,360 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Wrigley Heights (Wh)

MLS Listing ID PW25142786

Construction Status Repairs Cosmetic,Turnkey

HOA Y/N No

Year Built 1955

Lot Size 4,360 Sqft

Property Sub-Type Quadruplex

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 mid-term rental strategies. The downstairs 2BR unit was fully renovated in 2023 with modern finishes and in-unit laundry, while the upstairs 2BR remains in original condition, presenting an easy value-add opportunity. A coin-operated laundromat just two doors down adds extra convenience for tenants. With uncovered parking, separate meters, and LBR2N zoning, this is a well-located, low-maintenance asset in a high-demand rental submarket—with the hard work already done.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR2N

Interior

Fireplace No

Laundry See Remarks

Exterior

Parking Features Asphalt, Concrete, Driveway, On Site, Paved, One Space, Uncovered

Pool None

Community Features Suburban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic,Turnkey

Others

Senior Community No

Tax ID 7206009032

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Naomi Yamagami Reed Sage Real Estate Group, Inc. 310-803-7662

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Los Cerritos Elementary School

Public | KG - 5
8

Signal Hill Elementary School

Public | KG - 5
8

Alvarado Elementary School

Public | KG - 5
8

Madison Elementary School

Public | KG - 5
7

Muir Academy

Public | KG - 8
7

Chavez Elementary School

Public | KG - 5
7

Birney Elementary School

Public | KG - 5
7

Lafayette Elementary School

Public | KG - 5
7

Robert Louis Stevenson Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | KG - 5
7

Lincoln Elementary School

Public | KG - 5
6

Garfield Elementary School

Public | KG - 5
6

Robinson K - 8 Academy

Public | KG - 8
6

Roosevelt Elementary School

Public | KG - 5
6

Mann Elementary School

Public | KG - 5
6

Riley Elementary School

Public | KG - 5
5

Elizabeth Beth Hudson K - 8 School

Public | KG - 8
5

Daniel Webster Elementary School

Public | KG - 5
5

Dominguez Elementary School

Public | KG - 5
5

Dooley Elementary School

Public | KG - 5

Middle Schools 11

9

Intellectual Virtues Academy of Long Beach

Public | 6 - 8
7

Hughes Middle School

Public | 6 - 8
6

Franklin Classical Middle School

Public | 6 - 8
6

Jessie E. Nelson Academy

Public | 6 - 8
5

Stephens Middle School

Public | 6 - 8
5

Washington Middle School

Public | 6 - 8
5

Lindbergh STEM Academy

Public | 6 - 8
5

Hoover Middle School

Public | 6 - 8
4

Rancho Dominguez Preparatory School

Public | 6 - 12
4

Perry Lindsey Academy

Public | 6 - 8
0

Regency High School

Private | 7 - 12

High Schools 8

7

Renaissance High School for the Arts

Public | 9 - 12
6

Polytechnic High School

Public | 9 - 12
1

Cabrillo High School

Public | 9 - 12
1

Beach High-Intensive Learning Program

Public | 9 - 12
0

Reid High School

Public | 11 - 12
0

Educational Partnership High School

Public | 9 - 12
0

St Anthony High School

Private | 9 - 12
0

Long Beach Unified School District Regional Occupational Program

Public | 10 - 12

School and business data provided by Attom Data.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 271-2565

nick.resendez@gmail.com

3029 Pacific AVE Long Beach, CA 90806